USDCAD breaks above 1.0707 resistance and reaches as high as 1.0719, suggesting that the uptrend from 1.0182 (Sep 19 low) has resumed. Further rise could be expected over the next several days, and next target would be...
The USD/CAD pair initially fell during the session on Tuesday, but as you can see bounced enough to break the 1.06 handle yet again, and form a bit of a hammer for the second day in a...
USDCAD is forming a sideways consolidation in a range between 1.0561 and 1.0707. Key support is at 1.0561, as long as this level holds, the uptrend from 1.0182 (Sep 19 low) could be expected to resume, and...
The USD/CAD pair fell during the session on Monday, but as you can see bounced enough to form a hammer that closed just underneath the 1.06 level. We believe that the area that we are currently and...
USDCAD is facing 1.0561 support, a breakdown below this level will indicate that lengthier consolidation of the uptrend from 1.0182 (Sep 19 low) is underway, then deeper decline to 1.0500 area could be seen. On the upside,...
USDCAD stays in a upward price channel on daily chart, and remains in uptrend from 1.0182, the fall from 1.0707 could be treated as consolidation of the uptrend. Support is at the lower line of the channel,...
The USD/CAD pair initially tried to rally during the session on Friday, but as you can see pullback in crashed back into the 1.06 handle. This level of course is supportive, and we see support all the...
The USD/CAD pair initially fell during the session on Thursday, but got enough of a bounce just above the 1.0550 level in order to shoot much higher, and go back above the 1.06 handle. The highs of...
The USD/CAD pair fell during the session after initially going higher on Tuesday, breaking below the 1.06 handle. However, we feel that there is a lot of support below, even as low as 1.05 handle, and as...
The USD/CAD pair fell during the session on Tuesday, slamming into the 1.06 level, which of course acted as support. This is an area where we expect a lot of buying pressure to be had, going all...
