USDCAD moved sideways in a trading range between 1.3211 and 1.3278. As long as 1.3278 resistance holds, the price action in the range could be treated as consolidation for the downtrend from 1.3328, another fall towards 1.3180...
USDCAD broke below 1.3224 support, suggesting that the downtrend from 1.3328 has resumed. Further decline would likely be seen and next target would be at 1.3180 area. Resistance is located at the falling trend line on the...
USDCAD broke above 1.3270 resistance, suggesting that the downside movement from 1.3328 had completed at 1.3224 already. Further rally would likely be seen and next target would be at 1.3300 area. Support is at 1.3224, only break...
USDCAD broke below the rising price channel on the 4-hour chart, suggesting that the upside movement from 1.2951 had completed at 1.3328 already. Further decline would likely be seen and next target would be at 1.3180 area....
USDCAD is facing the support of the rising price channel on the 4-hour chart. As long as the channel support holds, the fall from 1.3328 could be treated as consolidation for the uptrend, and further rise to...
USDCAD stays in a rising price channel on the daily chart and remains in the uptrend from 1.2951. As long as the channel support holds, the upside movement could be expected to continue and next target would...
USDCAD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.2951. As long as the channel support holds, the pullback from 1.3328 could be treated as consolidation for the uptrend,...
USDCAD extended its downside movement from 1.3328 to as low as 1.3235, breaking below 1.3262 support. Further decline would likely be seen and next target would be at 1.3200 area. Near term resistance is at 1.3270, a...
USDCAD pulled back from 1.3328, breaking below the rising trend line on the 4-hour chart. Deeper decline to test 1.3262 support would likely be seen, a breakdown below this level would indicate that the upside movement from...
USDCAD’s upside movement from 1.2951 extended to as high as 1.3328. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next target...
