The USD/CAD pair bounced off of the parity level yet again on Wednesday, and rose to finish the day higher than the previous two highs from the last week and half or so. This is starting to...
The USD/CAD pair broke higher during the Tuesday session as the parity level continues older support. We believe that this market is trying to grind higher, and a break above the 1.0050 handle has as buying this...
The USD/CAD pair basically sat still during the session on Monday as the Americans celebrated Veterans Day. This market is heavily skewed towards trading during the North American session, so this really should have been much of...
USDCAD stays in a upward price channel on daily chart, and remains in uptrend from 0.9632. Further rise could be expected next week, and next target would be at 1.0100-1.0150 area.
The USD/CAD currency pair broke out to the upside during the Friday session, but gave back much of the gains. Nonetheless, we are above the parity level and have made a new high at one point or...
The USD/CAD pair rose during the session on Thursday after forming a hammer on Wednesday. We are currently sitting at the parity level, and as such we think we are trying to build enough pressure to go...
USD/CAD fell during the beginning of the session on Wednesday to poke through the 0.99 handle, however, we did find quite a bit of support at that level as you would expect.
The USD/CAD currency pair fell during the session on Tuesday as the 200 day moving average offers resistance. However, the 0.9900 level is support and we have to see whether or not we are going to break...
The USD/CAD pair rose during the session after going back and forth overall on Monday. We still sit just under the 200 day exponential moving average, and above the 0.99 support level.
USDCAD remains in uptrend from 0.9632, the fall from 1.0019 is treated as consolidation of the uptrend. Support is at the lower line of the price channel on daily chart, as long as the trend line support...
