USDCAD continued its short term uptrend from 1.2061 and the rise extended to as high as 1.2413, facing the resistance of the top trend line of the price channel on the daily chart. Near term support is...
The US dollar fell slightly against the Canadian dollar during the Monday trading hours. The market looks likely to continue the volatility that we have seen as of late, and I recognize that the markets are testing...
USDCAD extended its short term upside movement from 1.2061 to as high as 1.2390. Further rally is still possible after a minor consolidation and next target would be at the top trend line of the price channel...
USDCAD’s bounce from 1.2061 extended to as high as 1.2390. Further rally is still possible next week and next target would be at the top trend line of the price channel on the daily chart now at...
The US dollar fell against the Canadian dollar initially on Friday but found support as the Canadian CPI numbers came out less than anticipated. This works against the Loonie overall, and therefore we rallied back towards the...
The US dollar has been slightly positive against the Canadian dollar during the trading session on Thursday, testing the underneath of an uptrend line that had been broken previously as the Bank of Canada raised interest rates....
USDCAD remains in the short term uptrend from 1.2061. Further rise towards the bearish trend line on the daily chart would likely be seen. As long as the price is below the trend line, the bounce from...
The US dollar drifted a bit lower during the trading session on Wednesday against the Canadian dollar as the weekly trendline that had been broken recently has offered resistance. Overall, this could be a nice pullback that...
USDCAD extended its upside movement from 1.2061 to as high as 1.2390. Further rise would likely be seen in a couple of days and next target would be at the bearish trend line on the daily chart...
The US dollar chop around against the Canadian dollar during the session on Tuesday, as we are testing the previous uptrend line from the weekly chart. We are underneath it, so I think that there should be...
