USDCAD broke below 1.0967 support, suggesting that the downtrend from 1.1224 has resumed. Further decline could be expected, and next target would be at 1.0800 area. Resistance is at 1.1100, only break above this level could signal...
USDCAD is facing 1.0967 support, a breakdown below this level will signal resumption of the downtrend from 1.1224, then next target would be at 1.0800 area. Resistance is at 1.1100, only break above this level could signal...
The USD/CAD pair fell during the bulk of the session on Wednesday, but as you can see bounced just a bit too close right around the 1.10 level. This suggests to us that this area is indeed...
The USD/CAD pair fell during the session on Tuesday, but remained respectful of the 1.10 level as support. With that, we feel that supportive candles in this general vicinity should be buying opportunities, and as a result...
USDCAD remains in downtrend from 1.1224, the rise from 1.0967 could be treated as consolidation of the downtrend. Deeper decline would likely be seen, and next target would be at 1.0800 area. Resistance is at 1.1100, only...
The USD/CAD pair did very little during the session on Monday, but it did prove one thing: that the 1.10 level is indeed still going to be supportive. Because of this, we think that buying this market...
USDCAD broke below 1.1031 support, indicating that the uptrend from 1.0588 had completed at 1.1224 already. Further decline would likely be seen in a couple of days, and the target would be at 1.0800 area. Resistance is...
USDCAD remains in uptrend from 1.0182, the fall from 1.1224 is likely consolidation of the uptrend. Deeper decline would likely be seen, and the target would be at the upward trend line on daily chart. On the...
The USD/CAD pair initially dipped below the 1.10 level on Friday, but as you can see got enough pressure to the upside in order to form a hammer. This hammer of course suggests that the 1.10 level...
USDCAD moved sideways above 1.1031 support. A breakdown below this support level will indicate that the uptrend from 1.0588 had completed, then deeper decline to 1.0800 area could be seen. However, as long as 1.1031 support holds,...
