The USD/CAD pair fell during the session on Wednesday to form a shooting star sitting on top of the 1.01 support level. The pair looks like it is closing the oil markets, and as those markets look...
The USD/CAD pair fell during the session on Tuesday as oil prices rose yet again. The 1.01 level continues offer support, but only just barely. We believe that a break below the hammer lows from the early...
Important discourses from the North American central banks are expected to lift market volatility today, where the Canadian dollar is anticipated to gain opposite the US currency. The Bank of Canada is scheduled to release the nation’s...
The USD/CAD pair tried to rally during the session on Monday, only to turn around and form a shooting star at the all-important 1.0150 level. The currency pair and the oil markets are both in harmony as...
No changed in our view, USDCAD remains in downtrend from 1.0445, the price action from 1.0159 is likely consolidation of the downtrend. Support is at 1.0100, a breakdown below this level could signal resumption of the downtrend....
The USD/CAD pair fell hard on the Friday session, as the risk appetite improved around the world. However, we are sitting just at the support level, and as such we think that a move further might be...
The USD/CAD pair had a fairly volatile session on Thursday as it initially rose, only to fall back and form a shooting star. The pair is sitting on top of support at the 1.0150 level, and as...
The USD/CAD pair fell during the session on Wednesday to retest the 1.0150 support level. With the oil markets having a relatively quiet day it’s not a surprise that this pair did as well. The oil markets...
The USD/ CAD pair initially fell during Tuesday trading, only to turn around and bounce. The 1.0150 level looks like it’s trying to be supportive again, and there is the possibility that we are simply just bouncing...
USD/CAD pair fell after initially moving higher on Monday. The market formed a shooting star, however this is a very short one and looks like one to ignore. The 1.0150 level should still offer support, and we...
