USD/CAD daily chart, March 06, 2017 The USD/CAD pair continues to show bullish pressure, as the market rallied on Friday. We are starting to get a little bit overextended, so I would not be surprised at all...
USDCAD continued its upward movement from 1.3009, and the rise extended to as high as 1.3436. Further rise could be expected after a minor consolidation and next target would be at 1.3500 zone.
USDCAD broke above 1.3387 resistance, indicating that the long term uptrend from 1.2460 (May 3, 2016 low) has resumed. Further rise could be expected over the next several weeks, and next target would be at 1.4000 area....
The USD/CAD pair rallied again during the day on Thursday, breaking above the top of the shooting star from Wednesday. This is a very bullish sign, and it should send this market higher. Pullbacks should have plenty...
USDCAD’s upward movement from 1.3009 extended to as high as 1.3401. Further rise could be expected after a minor consolidation, and next target would be at 1.3500 area. Support is at 1.3300, as long as this level...
USDCAD remains in uptrend from 1.3009. Further rise could be expected after a minor consolidation, and next target would be at 1.3500 area. Support level is at 1.3250, only break below this level could signal completion of...
The USD/CAD pair broke higher on Tuesday as oil markets drifted lower. We now must contend with the 1.33 level above and I think that’s where this pair is going. Short-term pullbacks will be buying opportunities, as...
USDCAD continued its upward movement from 1.3009, and the rise extended to as high as 1.3325. Further rise is still possible over the next several days, and next target would be at 1.3500 area. Support is at...
The USD/CAD pair had a slightly positive session on Monday, as the 1.31 level attracted buying pressure. The fact that we formed a hammer on Friday was the first significant sign that we could bounce, and a...
USDCAD remains in downtrend from 1.3598, the rise from 1.2968 is likely consolidation of the downtrend. Further decline could be expected after consolidation, and next target would be at 1.2600 area. Resistance is at 1.3387, only break...
