USDCAD has been trending higher and moving inside an ascending channel on its 4-hour time frame. Price is currently testing the resistance and seems to be indicating that a test of support is in order. Stochastic...
USDCAD’s upward movement from 1.3005 extended to as high as 1.3465. Key support is at 1.3276, as long as this level holds, the uptrend could be expected to continue, and next target would be at 1.3600 area.
USDCAD’s upward movement from 1.2460 extended to as high as 1.3465. Key support is at 1.3000, as long as this level holds, the uptrend could be expected to continue, and next target would be at 1.3700 area....
The USD/CAD pair initially tried to rally on Friday but turned around just below the 1.35 resistance barrier to form a massive shooting star. This is a negative sign, but there are a lot of hammers just...
The USD/CAD pair fell slightly during the course of the session on Thursday, but found enough support to turn things around and form a bit of a hammer. The hammer of course is a bullish sign and...
The USD/CAD pair went back and forth during the day on Wednesday, as the market looks very exhausted at the moment. However, I would be the first one point out that there is quite a bit of...
The USD/CAD pair initially fell during the day on Monday but turned around to form a hammer. The hammer of course is a bullish sign, so I look at this is a market that’s ready to continue...
USDCAD’s upward movement from 1.3005 extended to as high as 1.3433. Further rise could be expected in a couple of days, and next target would be at 1.3600 area. Support levels are at 1.3345 and 1.3276, as...
USDCAD broke above the top of the price channel on daily chart. Further rise could be expected over the next several weeks, and next target would be at 1.3700 area. Support is at 1.3200, only break below...
The USD/CAD pair went back and forth during the course of the session on Friday, showing a bit of neutrality. Ultimately though, there is a bit of exhaustion showing itself in this market, so it looks as...
