Tag: USDCAD

USDCAD might be forming a cycle bottom at 0.9974 on daily chart and the rise could possibly be resumption of up trend. Further rebound is expected to test 1.0238 resistance, a break above this level will confirm...

No changed in our view, USDCAD’s down trend remains and deeper decline is expected to 0.9900 area. Key resistance is at 1.0238, a break of this level will indicate that the fall from 1.0322 has completed and...

As expected, USDCAD broke below 1.0048 support and reached as low as 0.9974 level. Further fall is still possible to 0.9900 area. Key resistance is at 1.0238, a break of this level will indicate that the fall...

No changed in our view, USDCAD is forming a sideways consolidation in a range between 1.0048 and 1.0322. Another fall below 1.0048 would more likely be seen to complete the consolidation. Initial resistance is at 1.0238 and...

USDCAD traded in range between 1.0048 and 1.0322. Another fall below 1.0048 would more likely be seen to complete the consolidation. However, a break above 1.0322 will signal resumption of long term up trend.

USDCAD is forming a sideways consolidation in a range between 1.0048 and 1.0322, one more fall below 1.0048 would more likely be seen to complete the consolidation. However, a break above 1.0322 will signal resumption of long...

USDCAD rebounded from 1.0048. Further rise to test 1.0322 is still possible in a couple of days, a break of this level will signal resumption of long term up trend. As long as the pair stays below...

USDCAD formed a cycle top at 1.0322 level on daily chart. Sideways consolidation between 1.0000 and 1.0322 would could be seen in a couple of weeks. However, a break above 1.0322 level will indicate that long term...

USDCAD formed a cycle top at 1.0322 level on daily chart. Range trading between 1.0000 and 1.0322 would more likely be seen before breaking above 1.0322. However, a break above 1.0322 level will indicate that long term...

USDCAD broke below 1.0150 support and formed a cycle top at 1.0322 level on daily chart. Sideways consolidation would more likely be seen before breaking above 1.0322. However, a break above 1.0322 level will indicate that long...