The USD/CAD pair rose during the session on Monday, poking through the parity level in order to challenge the 200 day EMA as well. This is an area that the pair has found resistive lately, and the...
The USD/CAD pair rose during the Friday session as the “risk off” attitude came roaring back to the markets. The pair continues to find the parity level as resistive, and the market has a resistance zone all...
USDCAD traded in a range between 0.9841 and 1.0050 for several weeks. As long as 1.0050 key resistance holds, the price action in the range is treated as consolidation of the downtrend from 1.0523, and one more...
The USD/CAD pair fell hard during the session on Thursday as the “risk on” trade came roaring into the markets. The pair has broken the bottom of a hammer from the Wednesday session, and as luck would...
The USD/CAD pair fell for most of the session on Wednesday as the market tried to recover some of its “risk on” appetite in general. However, but the end of the session we saw a significant bounce,...
The USD/CAD pair shot straight up during the session on Tuesday as the oil markets fell. The “risk off” attitude came back into the markets, and the Dollar was bid up against most currencies, with the Canadian...
The USD/CAD pair has risen during the Monday session, only to fall again and form a shooting star. This market is currently trading just below the 200 day EMA, and the parity level as well. The pair...
The USD/CAD pair rose during the session as the Non-Farm Payroll numbers came out at 120, 000 jobs were added last month, versus the 200,000 expected. The 200 EMA is just above the parity level that has...
USDCAD stays in a trading range between 0.9841 and 1.0050. As long as 1.0050 key resistance holds, the price action in the range is treated as consolidation of the downtrend from 1.0523, and one more fall to...
The USD/CAD pair fell after touching the parity level on Thursday as we had predicted. This pair is currently one of the most reliable ones in the sense that it has been so range bound.
