The US dollar initially tried to rally against the Canadian dollar on Thursday but with the oil markets rallying, that gave a bit of a boost to the Canadian dollar and we turned right back around and...
USDCAD moved sideways in a trading range between 1.3378 and 1.3455. Key support is at 1.3378, as long as this level holds, the uptrend from 1.3277 could be expected to continue, and further rise to 1.3500 area...
The USD/CAD pair initially fell during the Wednesday trading session, but turned around to form a bullish candle as the oil inventory number out of the United States was worse than expected. Ultimately, it looks as if...
USDCAD is facing 1.3455 resistance, a break of this level will signal resumption of the uptrend from 1.3277, then next target would be at 1.3500 area. Support is at 1.3378, only break below this level will indicate...
USDCAD recently broke out of its range and reached the 1.3450 minor psychological resistance before pulling back down to the broken resistance. Applying the Fib tool on the latest swing low and high shows that the 38.2%...
USDCAD’s bounce from 1.3264 extended to as high as 1.3455. The subsequent fall from 1.3455 is likely resumption of the downtrend from 1.3535. Deeper decline to test 1.3264 support is possible in a couple of days. Resistance...
USD/CAD daily chart, April 04, 2017 The USD/CAD pair shot higher during the day as oil got pummeled. Because of this, I think if we can break above the 1.34 handle, we should then go to the...
USDCAD has been moving sideways on its 1-hour time frame, bouncing off support at the 1.3285 area and resistance at 1.3400. Price is currently testing the top of the range at the moment and if it holds...
USDCAD moved sideways in a trading range between 1.3264 and 1.3414. The pair is now testing 1.3414 resistance, a break of this level will confirm that the downward movement from 1.3535 had completed at 1.3264 already, then...
USDCAD is facing 1.3264 support, a breakdown below this level will indicate that the downtrend from 1.3535 has resumed, then next target would be at 1.3100 area. Resistance is at 1.3414, a break of this level will...
