USDCAD remains in downtrend from 1.1723 and the rise from 1.0206 is more likely consolidation of downtrend. Range trading between 1.0206 and 1.0700 is expected. Another fall is still possible after consolidation and a break below 1.0206...
USDCAD remains in downtrend and the rebound from 1.0206 is treated as consolidation of downtrend. Range trading between 1.0206 and 1.0500 is expected. Another fall towards 1.0000 is still possible after consolidation and a breakdown below 1.0206...
After breaking below 1.0590 previous low, USDCAD drops sharply to as low as 1.0410. Further fall is still possible in a couple of weeks, and target of next week would be at 1.0200 zone. Resistance level is...
USDCAD traded in a range between 1.0590 and 1.1124 for several weeks. Rise towards 1.1400-1.1500 area would more likely be seen after the sideways consolidation, and a break above 1.1124 will confirm such case. Near term support...
USDCAD broke above 1.0925 resistance, suggesting that a cycle bottom has been formed at 1.0590 level on daily chart. Further rise towards 1.1124 resistance is now in favor, a break above this level will signal further rise...
USDCAD broke below 1.0632 previous low support, suggesting that a cycle top has been formed at 1.1101 level on daily chart. The pair is now in downtrend and deeper decline is expected to 1.0500 zone next week....
No changed in our view, USDCAD remains in range trading between 1.0632 and 1.1124. Another rise towards the upper border of the price channel to reach next cycle top on daily chart is still in favor, and...
USDCAD consolidated in a range between 1.0632 and 1.1124. Another rise towards the upper border of the price channel to reach next cycle top on daily chart would more likely be seen, and a break above 1.1124...
USDCAD traded in a range between 1.0632 and 1.1124 for several weeks. Move towards the upper border of the price channel on daily chart to reach next cycle top on daily chart would more likely be seen,...
USDCAD formed a cycle bottom at 1.0632 level on daily chart and is now in uptrend. The fall from 1.1124 is treated as consolidation of uptrend. As long as 1.0632 support holds, we’d expect uptrend to resume...
