The USD/CAD pair did almost nothing during the session on Monday, pulling back just slightly but in the end essentially deciding nothing. The 1.05 level just above is resistance, and if we can get above that level,...
USDCAD is testing the resistance of the downward trend line on daily chart, a clear break above the trend line resistance will indicate that the downtrend from 1.0608 had completed, then further rise to 1.1000 area could...
The USD/CAD pair rose during the session on Friday as the jobs number came out better than anticipated, but as you can see we gave back enough of the gains that we get back below the 1.05...
The USD/CAD pair rose again during the session on Thursday, continuing the consolidation that we have seen for some time no. Because of this, we feel that this market will continue to grind sideways until the nonfarm...
The USD/CAD pair fell during the session on Wednesday, but remains above the 1.04 handle which of course is very supportive. That being the case, we feel that this market more than likely will bounce, and it...
The USD/CAD pair rose during the session on Tuesday, breaking the top of the hammer that had formed on Monday. The 1.04 level looks very supportive now, and as a result it does not surprise us that...
The USD/CAD pair did very little during the session on Monday, but when he did do was prove that the 1.04 level is going to be supportive again. After all, we did form a hammer, which is...
USDCAD is facing the resistance of the downward trend line on daily chart, as long as the trend line resistance holds, the rise from 1.0182 could be treated as consolidation of the downtrend from 1.0608, one more...
The USD/CAD pair went back and forth during the session on Friday, but remains supported by the 1.04 level. This area looks like it’s going to support the market going forward, and as a result we are...
The USD/CAD pair fell hard during the session on Thursday, but found the 1.04 level supportive yet again. Because of this, we feel that this market will continue to go higher, and we may see a buying...
