USDCAD’s rebound extends to as high as 1.2445 level. Further rally is still possible to 1.2800 zone. However, pullback would more likely be seen before breaking above 1.3015 previous high. Initial support is now at 1.2095, a...
USDCAD rebounds from 1.1464 level. Further rise towards 1.2500 zone could be seen next week. The price action from 1.3015 is treated as consolidation to long term up trend, and trading in a range between 1.1464 and...
USDCAD pulls back sharply to as low as 1.1900 level. Rebound towards 1.2700 zone would more likely be seen next week. As long as 1.3015 resistance holds, we’d expect correction to the long term up trend is...
USDCAD drops sharply from 1.3015 and reaches as low as 1.2073 level. The fall is treated as correction to long term up trend. Deeper decline could be seen to 1.1500 zone. Key resistance is located at 1.3015,...
USDCAD’s up trend from 1.0297 extends sharply to as high as 1.2839 level. Further rise is expected in a couple of weeks and near term target would be at 1.3500 zone. Initial support is now at 1.2300,...
USDCAD breaks above 1.2123 previous high resistance and reaches as high as 1.2207 level. Further rise is still possible to 1.2400 zone. However, the rise from 1.1304 is treated as a part of consolidation started from 1.2123,...
USDCAD formed a cycle top at 1.2123 on daily chart. Pullback could be seen to 1.1500 level next week and consolidation in a range between 1.1000 and 1.2123 is expected in next several weeks. Key resistance is...
As expected, USDCAD formed a cycle top at 1.2123 on daily chart. Consolidation in a range between 1.1000 and 1.2123 could be seen in next several weeks. Key resistance is now located at 1.2123, and this level...
USDCAD’s up trend extends sharply to as high as 1.2123 level. Further rally towards 1.2500 zone to reach the next cycle top on daily chart is still possible next week. However, the next cycle top is nearing,...
USDCAD breaks above 1.0819 previous high resistance and reaches as high as 1.0842 level. Further rise is still possible to 1.1000 zone next week. Near term support is located at 1.0630, as long as this level holds,...
