USD/CAD fell again on Thursday, breaking through the 0.9650 area. This is a very bearish sign, but it is at this point that the pair will find real support. The trading going forward will be approached by...
The USD/CAD market fell hard on Wednesday as the oil markets caught a bid. This is with the overall trend, and why we haven’t been recommending the buying of this pair. The area it has traded to...
The USD/CAD fell hard on Tuesday, and tested the 0.98 level as traders bought oil markets during the day. The market has been held hostage over the last several weeks by the movements in the Brent and...
Wall St. bought it up again in hopes that Greek austerity measures will pass in parliament, but given the low daily volume investors still remain sceptical. Down 1.1% for the nearly ended quarter, the Dow Jones Industrial...
USDCAD remains in uptrend from 0.9669. Further rise is still possible in a couple of weeks and next target would be at 1.0000 area. Support is at 0.9669, only break below this level could indicate that the...
Wall Street finished in green territory Tuesday, as investors took advantage of the past month’s pullback to buy shares in cyclical stocks on growing confidence that Greece’s government will avoid a sovereign-debt default. The Dow Jones Industrial...
Wall Street closed higher Monday as many stocks rallied and concerns over Greece’s debt crisis eased. The Dow Jones Industrial Average gained 76.02 points to close at 12,080.83. The S&P 500 Index advanced 6.86 points to close...
USDCAD’s rise from 0.9444 extended to as high as 0.9898. Further rise is still possible next week, and next target would be at 1.0000 area. Support is at 0.9650, only break below this level could indicate that...
Greetings. Let’s take a look at the USD/CAD pair. We’ve seen an upward movement since May and it looks like there still may be a little more push up left.
USDCAD stays above a uptrend line on daily chart, and remains in uptrend from 0.9444. As long as the trend line support holds, uptrend could be expected to continue and further rise to 1.0000 area could be...
