The USD/CAD pair rose on Thursday, but just slightly so. The pullback from the fall over the last couple of days makes sense, and it must also be said that the most recent lows are getting lower...
The pair remains under pressure after a new fail to establish above 0,97. The recent bullish bounce turned to be a simple pullback on the daily 20 moving average now resistance.
The pair remains under pressure after a new fail to establish above 0,97. A clear break below 0,9560 would confirm a bearish outlook with a target at 0,9450 (multi-year low).
The USD/CAD pair fell hard again on Wednesday as the trading world sold off the USD in general after Chairman Bernanke suggested that another round of easing is still possible by the Fed. The pair will look...
The USD/CAD pair spiked during the Asian and European session on Tuesday, but fell just as quickly once the Americans came into the market. The candle at the end of the day is looking like a shooting...
We were considering a bullish resumption on this pair lately and if the market has made an attempt towards 0,98 as expected, it wasn’t able to hold above 0,97. In fact, the reversal was quite impressive yerterday...
ForexPros Daily Analysis July 12, 2011 Monthly Trading Report June 2011 It’s necessary that I give a monthly report of the results from the strategies I use for signals generation and trading. The trading results from my...
It has been a few days we were poiting out the possibility of a long term reversal pattern (cup&handle) on the pair for a possible long term shift in the trend. The latest price actions and the...
It has been a few days we were poiting out the possibility of a long term reversal pattern (cup&handle) on the pair for a possible long term shift in the trend. The latest price actions and the...
USDCAD is now in downtrend from 0.9912. Further fall to test 0.9444 previous low support could be expected next week, a breakdown below this level will indicate that the long term downtrend from 1.0852 (2010 high) has...