The USD/CAD pair went back and forth during the session on Thursday, meandering around the 1.1050 level. This is an area that’s been very sideways for some time now, and as a result we think that the...
The USD/CAD pair went back and forth during the session on Wednesday, continuing to tread water just below the 1.11 level. With that, it appears the market is going to simply go sideways between now and nonfarm...
USDCAD is facing 1.1031 support, a breakdown below this level will signal completion of the uptrend from 1.0588, then deeper decline to 1.0800 area could be seen. However, as long as 1.1031 support holds, the fall from...
USDCAD moved sideways in a range between 1.1031 and 1.1224. As long as 1.1031 support holds, the price action in the range could be treated as consolidation of the uptrend from 1.0588, one more rise towards 1.1500...
The USD/CAD pair fell during the session on Tuesday, but as you can see found enough support right around the 1.1050 level in order to bounce and form a nice looking hammer. This is a market that...
The USD/CAD pair fell during the session on Monday, but as you can see found enough support at the 1.1050 area to bounce and form a nice-looking hammer. This is a market that’s been in an uptrend...
USDCAD is facing 1.1031 key support, a breakdown below this level will indicate that the uptrend from 1.0588 had completed at 1.1224 already, then deeper decline to 1.0800 area could be seen. On the upside, as long...
USDCAD’s upward movement from 1.0588 extended to as high as 1.1224. Initial support is at the lower line of the price channel on 4-hour chart, as long as the channel support holds, the uptrend could be expected...
USDCAD continued its upward movement from 1.0182 and the rise extended to as high as 1.1224. Further rise could be expected after a minor consolidation, and next target would be at 1.1500 area. Initial support is at...
USDCAD’s upward movement from 1.0588 extended to as high as 1.1198. Key support is now at 1.1031, as long as this level holds, the uptrend could be expected to continue, and next target would be at 1.1300...
