The USD/CAD pair rallied at the open on Thursday, but found the 1.35 level to be resistive enough to turn the market around. Because of this, I think that the market is going to look for buyers...
USDCAD’s upward movement from 1.3223 extended to as high as 1.3499. Further rise is still possible after a minor consolidation and next target would be at 1.3550 area. Support levels are at 1.3420 and 1.3380, as long...
The USD/CAD pair broke higher during the day after oil markets tumbled. The 1.35 level should be resistance, but I think we will break above it given enough time. If we can break above there, we will...
USDCAD moved above 1.3455 resistance and reached as high as 1.3490. Further rise could be expected after consolidation and next target would be at 1.3550 area. Support levels are at 1.3420 and 1.3380, as long as these...
The USD/CAD pair broke out to the upside during the day on Tuesday, breaking the top of the hammer from Monday. We look as if we are ready to continue the consolidation, and that means that the...
USDCAD’s upward movement from 1.3223 extended to as high as 1.3400. Further rise is still possible and next target would be at 1.3500 area. Support is at 1.3330, as long as this level holds, the uptrend will...
The USD/CAD pair fell during the day on Monday, as we go looking for the 1.3150 level underneath. That’s an area that has been supportive recently, so a break below the bottom of the Friday session would...
No changed in our view, USDCAD remains in uptrend from 1.3223, the fall from 1.3338 is likely correction of the uptrend. Further rise could be expected in a couple of days, and next target would be at...
USDCAD is now in uptrend from 1.3223, the fall from 1.3338 is likely correction of the uptrend. Another rise could be expected after the correction and next target would be at 1.3400 area. Support levels are at...
The USD/CAD pair did very little on Friday as most markets are finding little in the way of volume. The market breaking above the 1.3350 level should send this market to the upside, and if oil markets...
