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31-01-2006 Downtrend of USDCAD would continue in the next few days.
28-01-2006 USDCAD would move lower under 1.1425.
24-01-2006 Downtrend of USDCAD would continue after a slightly correction.
20-01-2006 USDCAD has topped. I am waiting for a trading signal to take a short position. 19-01-2006 USDCAD is topping. Key support is 1.1550. A break of this level would begin the downtrend.
17-01-2006 USDCAD has continued to move sideways between 1.1425 and 1.1760. No trading signal at this moment. 07-01-2006 The key resistance had broken, up trend confirmed. I am waiting for a trading signal of this currency pair.
06-01-2006 USDCAD is in a range between 1.1425 (the cycle bottom) and 1.1750 (the cycle top). It’s very hard to say where USDCSD would go at this time. I can’t give any suggestion until the key support or key resistance to be broken. The key support is at 1.1450, and the key resistance is at 1.1705. If the key resistance to be broken, 1.1425 low would be a cycle bottom on the weekly chart, USDCAD would go higher above 1.1970. If the key support to be broken, the down trend would continue.
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