The USD/CAD pair initially fell during the day on Thursday but found enough support below to turn the market back around and form a hammer yet again. With this, it looks as if we are going to...
The USD/CAD pair initially fell during the course of the session on Wednesday, but turned around to form a bit of a hammer. This is the third day in a row that we have seen a hammer,...
USDCAD is facing 1.3397 resistance, a break of this level will signal resumption of the uptrend from 1.3005, then next target would be at 1.3600 area. Support is at 1.3276, only break below this level will indicate...
The USD/CAD pair went back and forth during the day on Tuesday, as we continue to see quite a bit of volatility in this market. We recently had a nice move higher, and I believe at this...
The USD/CAD pair rallied slightly during the day on Monday, as we continue to see bullish pressure in this market and the Canadian dollar continues to fall as energy markets are looking a bit heavy at this...
USDCAD’s upward movement from 1.3005 extended to as high as 1.3397, the subsequent fall indicate that consolidation of the uptrend is underway. Range trading between 1.3200 and 1.3397 would likely be seen over the next several days.
USDCAD continued its upward movement from 1.3005, and the rise extended to as high as 1.3358. Further rise could be expected after a minor consolidation, and next target would be at 1.3600 area. Support levels are at...
USDCAD has reached the top of the price channel on daily chart. A clear break above the channel resistance could bring price to 1.3600 zone. Support is at 1.3000, only break below this level could bring price...
The USD/CAD pair broke higher during the course of the day on Friday, as we continue to see bullish pressure in the US dollar overall. It makes sense that we continue to grinder way to the upside...
The USD/CAD pair broke higher during the course of the session on Thursday, clearing the 1.32 level at one point. Any pullback at this point in time should continue to find plenty of support below, as we...
