The USD/CAD pair rose during the session on Thursday, but as you can see struggle that once we get close to the 1.09 handle. The resulting candle is a shooting star, which of course is a very...
USDCAD continued its upward movement from 1.0588, and the rise extended to as high as 1.0874. Further rise could be expected after a minor consolidation, and next target would be at 1.1000 area. Support is now at...
The USD/CAD pair rose during the session on Wednesday, breaking above the 1.08 handle for the first time in ages. This market appears like it’s ready to continue going higher, and therefore we are looking for short-term...
USDCAD’s upward movement from 1.0588 extends to as high as 1.0840. Further rise could be expected after a minor consolidation, and next target would be at 1.1000 area. Support is at 1.0770, as long as this level...
The USD/CAD pair had a very positive session on Tuesday, finally breaking well above the 1.0725 level. This is the area that we’ve talked about for some time has been absolutely vital for the buyers to break...
After consolidation, USDCAD broke above 1.0737 resistance, suggesting that the uptrend from 1.0182 (Sept 19, 2013 low) has resumed. Further rise could be expected over the next several days, and next target would be at 1.1000 area....
The USD/CAD pair went back and forth on Monday, ultimately printing a positive candle. At the end of the day, it does look like the markets going to stay within the consolidation zone though, and that’s something that we...
USDCAD is forming a sideways consolidation in a range between 1.0561 and 1.0737. Key support is at 1.0561, as long as this level holds, the uptrend from 1.0182 (Sept 19, 2013 low) could be expected to resume,...
USDCAD stayed in a trading range between 1.0561 and 1.0737 for several days. The price action in the range is likely consolidation of the uptrend from 1.0182 (Sept 19, 2013 low). As long as 1.0561 support holds,...
USDCAD moved sideways in a narrow range between 1.0561 and 1.0737. As long as 1.0561 support holds, the price action in the range could be treated as consolidation of the uptrend from 1.0182, another rise towards 1.1000...
