USDCAD remains in uptrend from 1.3080, the fall from 1.3417 is likely consolidation of the uptrend. Support is at 1.3200, as long as this level holds, the uptrend could be expected to resume, and further rise to...
The USD/CAD pair initially tried to rally on Friday but gave back some of the gains in order to form something akin to a shooting star. I think we are going to roll over from here but...
USDCAD failed to break below the bottom of the price channel on daily chart, indicating that the pair remains in uptrend from 1.2460. As long as the channel support holds, the uptrend could be expected to continue,...
The USD/CAD pair rallied on Thursday, as we continue to see quite a bit of bullish pressure in this market. The 1.34 level of course is a large, round, psychologically significant number, but I believe that the...
USDCAD is in uptrend from 1.3080, the fall from 1.3417 could be treated as consolidation of the uptrend. Support is at 1.3200, as long as this level holds, the uptrend will continue, and next target would be...
The US dollar initially fell during the session on Wednesday but found enough support at the previous uptrend line that we turned around and formed a bit of a hammer. The suggest that we could rally, but...
USDCAD broke above the downward price channel on 4-hour chart, indicating that the downtrend from 1.3536 had competed at 1.3080 already. Further rally could be expected after a minor consolidation and next target would be at 1.3500...
The USD/CAD pair did very little during the day on Tuesday as we continue to hug the previous uptrend line. Oil looks a little bit soft, so we could see the market turned things back around and...
The USD/CAD pair gapped slightly lower at the open on Monday, hanging about the previous uptrend line. Because of the Canadian dollar did not rally as drastically as the oil markets did, I am a bit suspicious...
USDCAD stays in the downward price channel on 4-hour chart and remains in downtrend from 1.3536. Further decline could be expected and next target would be at 1.3000 area. Resistance is located at the top of the...
