USDCAD remains in uptrend from 1.0588. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at 1.1250 area. Only a clear break below the trend line...
The USD/CAD pair exploded to the upside on Wednesday, breaking above the 1.10 level for the second day in a row, only this time we managed to stay above it and more importantly broke the top of...
USDCAD’s upward movement from 1.0588 extends to as high as 1.1111. Further rise could be expected after a minor consolidation, and next target would be at 1.1200 area. Initial support is at 1.1030, and the key support...
The USD/CAD pair tried to break above the 1.10 level during the session on Tuesday, and had some luck. However, as you can see we ended up pulling back below that level in forming a nasty looking...
USDCAD stays within a upward price channel and remains in uptrend from 1.0588, and the rise extended to as high as 1.1018. As long as the channel support holds, the uptrend could be expected to continue, and...
The USD/CAD pair initially fell during the session on Monday, but as you can see bounced towards the end of the day in order to form a hammer. This hammer of course suggests bullishness, but we still...
USDCAD moved sideways in a narrow range between 1.0905 and 1.0991. Key support is now at 1.0905, as long as this level holds, the price action in the range could be treated as consolidation of the uptrend...
USDCAD continued its upward movement from 1.0182 and the rise extended to as high as 1.0991. Further rise could be expected after a minor consolidation, and next target would be at1.1200 area. Initial support is at 1.0840,...
The USD/CAD pair rose during the session on Friday slamming back into the 1.10 resistance area. This area does look like it’s about to give way though, so we feel that a daily close above this handle...
The USD/CAD pair fell during the bulk of the session on Thursday, but as you can see got enough pressure to the upside of the 1.09 level in order to form a hammer. The fact that we...
