The US dollar rallied against the Canadian dollar initially during the session on Monday, reaching towards the 1.2525 handle. We did pullback a little bit later in the day though, as we continue to see quite a...
USDCAD stays above a bullish trend line on its 4-hour chart and remains in the uptrend from 1.2061. As long as the trend line support holds, the uptrend could be expected to continue and further rise to...
USDCAD extended its upside movement from 1.2061 to as high as 1.2532. As long as the price is above the rising trend line on the 4-hour chart, the uptrend could be expected to continue and next target...
USDCAD broke above the top trend line of the price channel on its daily chart. Further rise towards 1.2778 key resistance could be expected in a couple of weeks, a breakout of this level would confirm that...
The US dollar rallied against the Canadian dollar on Friday, as we continue to pound towards the 1.25 handle. This is an area that’s offered a significant amount of resistance though, so I think this market is...
The US dollar initially tried to rally against the Canadian dollar, but has found the 1.25 level to be resistive. I think it’s pretty simple from this point, if we can break above the 1.25 level on...
USDCAD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 1.2061. As long as the price is above the trend line, the fall from 1.2519 could be treated as consolidation...
The US dollar had a very volatile session against the Canadian dollar as it was suggested by members of the Bank of Canada that they would be cautious about raising rates, and perhaps the Canadian dollar gained...
USDCAD extended its bullish movement from 1.2061 to as high as 1.2493, breaking above the top trend line of the price channel on the daily chart. Near term support is at the rising trend line on the...
The US dollar rallied against most currencies during the session on Tuesday, and the Canadian dollar was no different. We are pressing the 1.24 level, an area that is resistive, and is also the scene of a...
