USDCAD Analysis – Jun 18, 2008
USDCAD might be forming a cycle top at 1.0322 on daily chart. Key support is at 1.0150, a break of this level will confirm the cycle top, and deeper decline to 1.0000 area is expected to follow....
Tag: USDCAD
USDCAD Analysis – Jun 14, 2008
USDCAD is testing 1.0326 previous high resistance. Consolidation would more likely be seen in next few days. Up trend will resume after consolidation and rise to 1.0750 is expected to follow. Key support is at 0.9818, only...
USDCAD Analysis – Jun 11, 2008
USDCAD is testing 1.0326 previous high resistance. Consolidation would more likely be seen before breaking above this level. Up trend will resume after consolidation and rise to 1.0750 is expected to follow. Key support is at 0.9818,...
USDCAD Analysis – Jun 7, 2008
USDCAD formed a cycle bottom at 0.9818 on daily chart. Sideways consolidation from 1.0378 (Jan 22 high) has completed and up trend has resumed. Further rise above 1.0378 is expected. Key support is at 0.9818, only break...
USDCAD Analysis – Jun 4, 2008
USDCAD is testing the resistance of the price channel. Pullback from the channel resistance to form a cycle top on daily chart is expected. Key resistance is located at 1.0242, only break above this level will signal...
USDCAD Analysis – May 31, 2008
No changed in our view, USDCAD is forming a sideways consolidation in a range between 0.9709 (Feb 28 low) and 1.0378 (Jan 22 high). Initial bias is on down side and deeper decline is expected to retest...
USDCAD Analysis – May 28, 2008
No changed in our view, USDCAD is forming a sideways consolidation in a range between 0.9709 (Feb 28 low) and 1.0378 (Jan 22 high). Deeper decline is expected to retest 0.9709 level, and break below this level...
USDCAD Analysis – May 24, 2008
USDCAD is forming a sideways consolidation in a range between 0.9709 (Feb 28 low) and 1.0378 (Jan 22 high). Further pullback is expected to retest 0.9709 level, and break below this level to reach the next cycle...
USDCAD Analysis – May 21, 2008
No changed in our view, USDCAD is forming a sideways consolidation in a range between 0.9709 (Feb 28 low) and 1.0378 (Jan 22 high). Pullback to retest 0.9709 support is expected in the next few days. Key...
USDCAD Analysis – May 17, 2008
USDCAD formed a sideways consolidation in a range between 0.9709 (Feb 28 low) and 1.0378 (Jan 22 high). Pullback to retest 0.9709 support is expected in the next few days. Key resistance is now located at 1.0326,...