USDCAD failed to break above 1.3598 resistance and pulled back from 1.3534. Deeper decline would likely be seen in a couple of weeks, and next target would be at 1.3100 area. Resistance is now at 1.3534, only...
USD/CAD daily chart, March 20, 2017 The US dollar initially rallied against the Canadian dollar during the session on Friday, but found enough resistance at the 1.3350 level to turn things around and form a shooting star....
USD/CAD daily chart, March 17, 2017 The US dollar gains lightly against the Canadian dollar after falling precipitously on Wednesday. The 1.33 level offering support, and of course the fact that the oil markets looks so soft...
USDCAD is now in downtrend from 1.3535, the rise from 1.3276 is likely consolidation of the downtrend. Further decline is still possible after the consolidation and next target would be at 1.3100 area. Resistance is at 1.3380,...
USDCAD broke below 1.3421 key support and is now in downtrend from 1.3535. Near term resistance is at 1.3380, as long as this level holds, the downtrend could be expected to continue, and next target would be...
USD/CAD daily chart, March 15, 2017 The USD/CAD pair broke higher during the session on Tuesday, testing the 1.35 handle. That’s an area that should continue to see resistance, but with the oil market is looking so...
USDCAD stays in a ascending price channel on 4-hours chart, and remains in uptrend from 1.3009. As long as the channel support holds, the fall from 1.3535 could be treated as consolidation of the uptrend and further...
USD/CAD daily chart, March 14, 2017 The USD/CAD pair gap lower at the open on Monday, but turned around to fill that gap immediately. We then found enough resistance to turn around and form a shooting star...
Under pressure by the resistance of 1.3598 (Dec 28, 2016 high), USDCAD pulled back from 1.3535. However, as long as the pair stays in the upward price channel on 4-hours chart, the fall from 1.3535 could be...
USDCAD remains in uptrend from 1.3009, the fall from 1.3535 is likely consolidation of the uptrend. Near term support is at the bottom of the price channel on 4-hour chart. As long as the channel support holds,...
