USDCAD may be forming a cycle top at 1.0030 level on daily chart. Another fall towards 0.9700 would likely be seen next week. Resistance is now at 1.0030, only break above this level could indicate that lengthier...
USDCAD remains in downtrend from 1.0285 and the fall extended to as low as 0.9848 level. Further decline is still possible next week and next target would be at 0.9700 area. Resistance is at 0.9980, as long...
USDCAD remains in downtrend. Deeper decline is still possible next week and next target would be at 0.9800 area. Resistance is at 1.0035, as long as this level holds, downtrend could be expected to continue. However, a...
USDCAD broke below 0.9930 long term key support. Further decline is expected in a couple of weeks and target would be at 0.9500 area. Resistance is at 1.0055, as long as this level holds, downtrend could be...
USDCAD continues its sideways movement. Range trading between 0.9977 and 1.0378 is still possible in a couple of weeks. Another rise to test 1.0378 key resistance would more likely be seen before breaking below 0.9977 support.
USDCAD continues its sideways movement. Range trading between 0.9977 and 1.0378 is still possible in a couple of weeks. Another rise to test 1.0378 key resistance would more likely be seen before breaking below 0.9977 support.
USDCAD formed double top price pattern on a H4 interval chart, which might indicate enduring downward movement. Another factor biasing toward bearish scenario is the fact that pair breached green trend line and is currently testing Fibonacci...
USDCAD stays in a trading range between 0.9977 and 1.0378. Moving sideways without trend in the range is still possible in a couple of weeks and bounce towards 1.0378 would more likely be seen next week. Support...
USDCAD keeps on moving sideways in a range between 0.9977 and 1.0378. The sideways movement is expected to continue next week and bounce to 1.0200 area would likely be seen. Support is at 0.9977, below this level...
USDCAD moved sideways in a range between 0.9977 and 1.0378 for several weeks. Now the pair is facing 0.9977 support, below this level will indicate that downtrend has resumed, and the target would be at 0.9700-0.9800 area.
