The USD/CAD pair has been going sideways with a slightly downward bias over the last couple of sessions, and Wednesday of course was no different. However, we do not feel that this market is going to break...
The USD/CAD pair tried to rally during the session on Tuesday, but as you can see failed and formed a shooting star for the third session in a row. However, we do not like shorting this pair,...
The USD/CAD pair tried to rally during the session on Monday, but as you can see failed during the day in order to form a shooting star for the second day in a row.
The USD/CAD pair rose during the session initially on Friday, but as you can see failed to hang onto gains, and formed a wicked looking shooting star. However, we feel that this market is only getting ready...
USDCAD’s upward movement from 1.0245 extends to as high as 1.0568. Further rise to test 1.0608 resistance is possible next week, a break of this level will signal resumption of the longer term uptrend from 0.9632 (Sep...
Despite the rise in oil prices, the Loonie is having trouble pushing past the rising trend line on its daily time frame. As you can see from the chart, the pair has made several tests of this...
The USD/CAD pair rose during the session on Thursday, continuing the rally that we have seen over the last couple of days. In fact, the pair moved above the 1.05 level, which of course is a psychologically...
The USD/CAD pair rose during the session on Wednesday, as we have now cleared the 1.0450 level in order to start buying. The buy signal at this point in time is a simple break of the highs...
The USD/CAD pair rose during the session on Tuesday, slamming into the 1.04 handle. While this is a significant resistance area, we do not feel that this market has completely broken out until we get above the...
The USD/CAD pair rose slightly during the session on Monday after initially dipping, but as you can see the market still remains tied up in a relatively tight trading range.
