USD/CAD daily chart, March 13, 2017 The USD/CAD pair fell initially during the day on Friday, but you can see found plenty of support just above the 1.34 level, sending the market back towards the 1.35 handle....
USDCAD remains in uptrend from 1.2460 (May 3, 2016 low). The price action from 1.3598 is likely consolidation of the uptrend. Further rise could be expected after the consolidation and next target would be at 1.4000 area....
USD/CAD daily chart, March 10, 2017 The USD/CAD pair broke higher during the day on Thursday, clearing the 1.35 handle. Now that we have broken above there, it’s likely that the market will continue to go higher...
USDCAD’s upward movement from 1.3009 extended to as high as 1.3535. Support is at the bottom of the price channel on 4-hour chart. As long as the pair stays in the channel, the uptrend could be expected...
USD/CAD daily chart, March 09, 2017 The USD/CAD pair fell initially, but turned around after the Crude Oil Inventories announcement came out 8 times larger than anticipated. This sends this market looking towards the 1.35 handle, but...
After consolidation, USDCAD continued its upward movement from 1.3009 and the rise extended to as high as 1.3500. Further rise is still possible after a minor consolidation and next target would be at 1.3600 area. Key support...
USD/CAD daily chart, March 08, 2017 USD/CAD fell initially during the day on Tuesday, but found enough support underneath to turn things around and form a hammer. It looks as if we are trying to break out...
USDCAD moved sideways in a narrow range between 1.3372 and 1.3436. As long as 1.3330 support holds, the sideways movement could be treated as consolidation of the uptrend from 1.3009 and further rise to 1.3500 area is...
USD/CAD daily chart, March 07, 2017 The USD/CAD pair initially rallied on Monday, but just as we saw on Friday, the sellers came in and pushed the market back below the 1.34 handle. By breaking down below...
USDCAD remains in uptrend from 1.3009, the fall from 1.3436 is likely consolidation of the uptrend. Support is at 1.3330, as long as this level holds, the uptrend could be expected to continue and next target would...