The USD/CAD pair initially fell during the session on Wednesday, but found enough support below the 1.11 level in order to bounce and form a hammer. This was especially interesting considering that was the FMOC meeting day...
USDCAD stays above a upward trend line on 4-hour chart, and remains in uptrend from 1.0588. As long as the trend line support holds, the uptrend from 1.0588 could be expected to continue, and next target would...
The USD/CAD pair went back and forth during the session on Tuesday, although it did find support below the 1.11 level. Because of this, it formed a neutral candle that almost looks a little like a hammer,...
USDCAD broke above 1.1173 resistance, indicating that the uptrend from 1.0588 has resumed. Further rise could be expected, and next target would be at 1.1400 area. Key support is located at the upward trend line on 4-hour...
USDCAD stays above a upward trend line on 4hour chart, and remains in uptrend from 1.0588, the fall from 1.1173 could be treated as consolidation of the uptrend. As long as the trend line support holds, the...
The USD/CAD pair initially fell during the session on Monday, but as you can see bounced high enough to test the recent highs. Now that we are getting close to the top of the shooting star from...
USDCAD remains in uptrend from 1.0588, the fall from 1.1173 could be treated as consolidation of the uptrend. Key support is located at the upward trend line on 4-hour chart, as long as the trend line support...
USDCAD’s upward movement from 1.0182 extended to as high as 1.1173. Further rise could be expected after a minor consolidation, and next target would be at 1.1500 area. Initial support is at 1.1000, and the key support...
The USD/CAD pair fell during the session on Friday, triggering the bottom of the shooting star and various sell signals. However, the 1.10 level should be supportive going forward, and as a result we are looking for...
The USD/CAD pair tried to rally during the session on Thursday, but gave back all of the gains found just below the 1.12 level in order to form a shooting star. However, we feel that this market...
