The USD/CAD pair went back and forth on Friday, as we continue to drift around. We have the OPEC and non-OPEC countries meeting over the course of the weekend, to discuss some type of production cut. If...
USDCAD stays in the upward price channel on daily chart, and remains in uptrend from 1.2460, as long as the channel support support holds, the fall from 1.3588 could be treated as consolidation of the uptrend. Another...
The USD/CAD pair fell after initially trying to rally on Thursday, forming a relatively suspect looking candle at the 1.32 level. This is an area that has quite a bit of support based upon a previous uptrend...
USDCAD’s downward movement from 1.3588 extended to as low as 1.3183. Further decline is still possible after a minor consolidation, and next target would be at 1.3100 area. Resistance is at 1.3355, only break above this level...
The USD/CAD pair initially tried to rally during the day on Wednesday but continued to drop a bit as it looks like we are going to reach towards the 1.32 handle now. This is an area where...
USDCAD continued its downward movement from 1.3588 and the fall extended to as low as 1.3213. Further decline is still possible after a minor consolidation, and next target would be at 1.3100 area. Resistance is at 1.3355,...
The US dollar went back and forth during the day on Tuesday, showing signs of support below. The 1.32 level is massively supportive, so we can break above the top of the candle for the session on...
USDCAD’s downward movement from 1.3588 extended to as low as 1.3235. Further decline is still possible, and next target would be at 1.3100 area. Resistance levels are at 1.3360 and 1.3390, only break above these levels will...
USDCAD is trending lower, moving inside a descending channel on its 1-hour time frame. Price just bounced off the channel support and is making its way up to the resistance at the 1.3400 major psychological level. ...
USDCAD continued its downward movement from 1.3588 and the fall extended to as low as 1.3254. Deeper decline is still possible, and next target would be at 1.3100 area. Resistance is at 1.3390, only break above this...
