Tag: USDCAD

The USD/CAD pair went back and forth during the session on Wednesday, eventually settling on a fairly neutral candle. The range was somewhat wide, but the body of the candle suggests there is no real conviction at...

The USD/CAD pair initially fell during the session on Tuesday, but bounced enough to form a positive candle, and broke to a fresh new high. Because of this, we do believe that this pair is going to...

The USD/CAD pair tried to fall during the session on Monday, but as you can see bounced hard off of the 1.04 handle in order to form a pretty decent looking hammer. That being the case, we...

The USD/CAD pair rose during the session on Friday, breaking well above the candle that we had seen printed on Thursday. We are deftly in a buy only type of attitude in this market, and do recognize...

The USD/CAD pair broke higher during the session on Thursday, closing well above the 1.04 handle. This is the signal that we’ve been looking for, and as a result we are willing to buy this pair now...

The USD/CAD pair shot straight up during the session on Wednesday as you can see, but found the 1.04 level rather resistive. This essentially carves out the consolidation area that we had anticipated being there, and as...

The USD/CAD pair fell during the session on Tuesday as the nonfarm payroll numbers came out weaker than anticipated. This being the case, looks like we really test the 1.03 level for support, and it did managed...

The USD/CAD pair rose slightly during the session on Monday, showing that the 1.03 level should continue to offer support. Because of this, we feel that this market will more than likely continue to bounce around between...