USDCAD stays in a ascending price channel on daily chart, implying that the pair remains in uptrend from 1.2968, and the fall from 1.3534 would possibly be correction of the uptrend. As long as the pair is...
USD/CAD daily chart, March 24, 2017 The USD/CAD pair initially tried to rally on Thursday, but found enough resistance to turn things around to form a shooting star. The shooting star of course is a negative sign...
USDCAD is now in uptrend from 1.3264, the fall from 1.3409 is likely correction of the uptrend. Further rise is possible in a couple of days and next target would be at 1.3500 area. Support is at...
USD/CAD daily chart, March 23, 2017 The USD/CAD pair initially tried to rally on Wednesday, but found enough resistance above the 1.34 level to turn around and form a shooting star. I think we’re going to enter...
USDCAD broke above 1.3377 resistance, indicating that the downtrend from 1.3535 had completed at 1.3264 already. Further rally could be expected in a couple of days, and next target would be at 1.3500 area.
USD/CAD daily chart, March 22, 2017 The USD/CAD pair fell during the day on Tuesday, breaking towards the 1.3250 level. However, the Crude Oil Inventories announcement coming out today of course will cause quite a bit of...
USDCAD is facing 1.3377 resistance, a break of this level will indicate that the downward movement from 1.3535 had completed at 1.3264 already, then the following upward move could bring price to 1.3600 area. On the downside,...
USD/CAD daily chart, March 21, 2017 The USD/CAD pair fell slightly during the day on Monday, testing the 1.33 level IV support. We turn around and form of supportive looking candle, reaching towards the 1.3350 handle. I...
USDCAD stays in the descending price channel on 4-hours chart and remains in downtrend from 1.3535. As long as the channel resistance holds, the rise from 1.3276 could be treated as consolidation of the downtrend, and further...
USDCAD remains in downtrend from 1.3535, the rise from 1.3276 could be treated as consolidation of the downtrend. Near term resistance is at the top of the price channel on 4-hours chart, and the key resistance is...
