Tag: USDCAD

USDCAD is testing key resistance of 1.0748, a break above this level will indicate that a cycle bottom has been formed at 1.0405 level on daily chart, then a sharp move towards 1.1000 could be seen to...

USDCAD has consolidated in a range between 1.0405 and 1.0852 for several weeks. Another fall below 1.0206 previous low would more likely be seen after consolidation. Resistance is at 1.0852, only rise above this level could signal...

USDCAD continues to trade in range between 1.0405 and 1.0852. As long as 1.0852 resistance holds, another fall towards 1.0000 is expected after consolidation. Key resistance is at 1.0852, only rise above 1.0852 will indicate lengthier correction...

USDCAD traded in range between 1.0416 and 1.0852. As long as 1.0852 resistance holds, we’d expected downtrend to resume and another fall towards 1.000 would more likely be seen. Only rise above 1.0852 will indicate lengthier correction...

USDCAD’s fall from 1.0852 completed at 1.0416 level already. Now the rebound from 1.0416 could possibly be resumption of uptrend from 1.0206. Another rise to 1.1000 zone would more likely be seen in a couple of weeks....

USDCAD’s fall from 1.0852 extended to as low as 1.0416 level. If bearish continues next week, the fall from 1.0852 will be treated as resumption of long term downtrend, then deeper decline could be seen to re-test...

USDCAD remains in upward trend from 1.0206 and the fall from 1.0852 is more likely consolidation of uptrend. Another rise towards 1.1124 is expected after consolidation, and a break above 1.0852 could signal resumption of uptrend. Support...

USDCAD’s rise from 1.0206 extended to as high as 1.0846. Further rise towards 1.1124 resistance is still possible next week. However, the rise from 1.0206 is more likely correction of long term downtrend, and another fall is...