USDCAD broke below 1.3018 support, indicating that the downtrend from 1.3598 has resumed. Further decline could be expected over th next several days, and next target would be at 1.2800 area. Near term resistance is at 1.3168,...
USDCAD remains in downtrend from 1.3387, the rise from 1.3053 could be treated as consolidation of the downtrend. Further decline could be expected after consolidation, and next target would be at 1.2900 area. Resistance is at 1.3230,...
Being contained by 1.3018 support, USDCAD rebounded from 1.3053. However, the bounce is likely consolidation of the downtrend from 1.3387, further decline to 1.2900 area is still possible after consolidation. Resistance is at 1.3230, only break above...
USDCAD is testing that support of the bottom of the price channel on daily chart. As long as the channel support holds, the price action from 1.3588 could be treated as consolidation of the uptrend from 1.2460...
The USD/CAD pair broke higher on Friday, testing and slicing through the top of the shooting star from Thursday. This is a bullish sign, so I think we will reach towards the previous uptrend lined again, if...
The USD/CAD pair initially fell of it during the day on Thursday, but found enough support to turn things around in form a bullish candle. It looks as if the market is trying to make a stand...
USDCAD remains in downtrend from 1.3387. Further decline would likely be seen after a minor consolidation and next target would be at 1.2900 area. Resistance is at 1.3230, as long as this level holds, the downtrend will...
The US dollar fell again against the Canadian dollar, and it now looks as if we’re going to go looking for the 1.30 level below. That is an area that has a significant amount of support attached...
USDCAD broke below 1.3240 support, indicating that the pair is back in downtrend. Further decline could be expected over the next several days, and next target would be at 1.2900 area. Resistance is at 1.3230, as long...
USDCAD remains in uptrend from 1.3018, the fall from 1.3387 is likely consolidation of the uptrend. Range trading between 1.3240 and 1.3387 is possible in a couple of days. Near term support is at 1.3240, as long...
