Tag: USDCAD

USDCAD has formed a cycle bottom at 1.0632 level on daily chart. Further rise towards the upper border of the price channel is expected in a couple of weeks. Near term support is at 1.0632, only fall...

USDCAD breaks above 1.0933 key resistance, suggesting that a cycle bottom has been formed at 1.0632 level on daily chart. The pair is now in uptrend and further rise to 1.1550-1.1600 area is expected. Near term support...

USDCAD remains in downtrend from 1.1723 and deeper decline is possible to 1.0400-1.0500 area. Key resistance is now at 1.0933, a break above this level will indicate that a cycle bottom has been formed at 1.0632 on...

USDCAD breaks below 1.0784 previous low. Deeper decline is still in favor and next target would be at 1.0400-1.0500 area. Near term resistance is at 1.0950, and key resistance is at 1.1113, only rise above this level...

USDCAD breaks below 1.0784 previous low. Deeper decline is still possible to 1.0400-1.0500 area in next several days. Key resistance is now at 1.1113, only rise above this level will suggest that the fall from 1.1723 has...

USDCAD is testing 1.0784 previous low support, a break below this level will signal deeper decline towards 1.0400-1.0500 area. Near term resistance is at 1.1150, only rise above this level will suggest that the fall from 1.1723...

After breaking below the lower border of the price channel, USDCAD drops sharply to as low as 1.1116 level. Further fall towards 1.0784 previous low is expected next week. Near term resistance is at 1.1260 followed by...

USDCAD breaks below the rising price channel on daily chart, suggesting that a cycle top has been formed at 1.1723 level on daily chart, pullback towards 1.1000 zone is now in favor. However, the fall from 1.1723...

USDCAD stays in the rising price channel on daily chart and remains in uptrend from 1.0784. Further rally to test 1.1813 resistance is possible next week. Near term support is at the lower border of the price...

USDCAD remains in uptrend from 1.0784, further rally is possible to test 1.1813 resistance next week. Near term support is at the lower border of the rising price channel on daily chart now at 1.1390, only clear...