The USD/CAD pair fell during the session on Thursday, in order to retest the 0.98 level for support. So far, it has found it but it should be suggested that the overall trend is certainly to the...
The USD/CAD pair rose during the session on Wednesday as the oil markets fell apart as well. However, we are approaching a fairly significant resistance area in the form of the 0.9850 level, and the next 100...
The USD/CAD pair rose during the session after initially falling on Tuesday in order to press upon the 0.98 handle. However, towards the end of the day we saw a little bit of a pullback as it...
The USD/CAD pair rose during the session on Monday to pierce the 0.98 handle, but fell back in order to form a shooting star just below it. This market broke down at the 0.98 handle, and we...
USDCAD remains in downtrend from 1.0445, the rise from 0.9632 is treated as consolidation of the downtrend. Range trading between 0.9632 and 0.9900 would likely be seen over the next several days. Downtrend could be expected to...
The USD/CAD pair originally fell during the session on Friday, but did bounce in order to form a hammer. This directly competes with the shooting star from the day before, but we also see the 0.98 handle...
The USD/CAD pair rose above the 0.98 handle on Thursday, but fell back down in order to form a shooting star. This suggests that the 0.98 level is now going to be massive resistance as it was...
The USD/CAD pair had a fairly quiet session during the Wednesday trading day, especially when you consider the fact that the oil markets were rocking to the downside. The promises of Saudi oil ministers to produce more...
The USD/CAD pair fell during the session on Tuesday as the rally stalled. We still see the 0.98 level as an area that the buyers what have to overcome in order to even remotely convince anyone, and...
The USD/CAD pair rose during the session on Monday as the market took a bit of a breather. We have recently broken down below the 0.98 handle, and as such that area should be resistance now.
