The USD/CAD pair fell during the session on Thursday, but essentially went nowhere as we traded in a very tight range. The market will certainly be one of the more interesting ones to watch as it is...
The USD/CAD pair trying to rally yet again during the session on Wednesday, but as you can see formed another bearish candle. This shows just how much this pair is struggling to gain and now shows it...
The USD/CAD pair initially rose during the session on Tuesday, but found the 1.01 area far too resistive, and turned around and started selling off. At the end of the session, we are essentially at the parity...
The USD/CAD pair shot straight up during the session on Monday, but lost most of the gains in order to close right around the 1.0050 level. This significant give back formed a shooting star for the session,...
USDCAD is in downtrend from 1.0100, the rise from 0.9932 is likely correction of the downtrend. Key resistance is at 1.0100, as long as this level holds, the downtrend could be expected to resume, and another fall...
The USD/CAD currency pair rose during the session on Friday, and managed to close above the parity level. However, we still see resistance all the way up to the 1.01 level, and will wait until that area...
The USD/CAD pair originally trying to rally during the session on Wednesday, but as you can see by the chart form a shooting star as we pulled back.
The USD/CAD pair had a negative session on Tuesday, almost erasing the gains from Monday. However, we sit just above a significant amount of support, and as a result we don’t see a clear path lower.
The USD/CAD pair fell during the Monday session, but found plenty of support at the 0.9950 level in order to bounce and form a hammer or the daily candle. This hammer suggests that we are going to...
USDCAD breaks below 0.9960 support, suggesting that a cycle top has been formed at 1.0100 on daily chart. Further decline could be expected, and next target would be at 0.9850 area.
