The USD/CAD pair fell rather significantly during the day on Friday, breaking down to the 1.31 level below. Ultimately, we have to see whether or not we get a supportive candle, and if we get that, I...
The US dollar initially tried to rally of the Canadian dollar, but turned gray back around to form a very negative candle. By doing so, we tested the 1.32 level below, and I do believe that sooner...
The USD/CAD pair went back and forth during the course of the session on Wednesday, and as a result we did up forming a fairly neutral candle. This being the case, I feel that the market will...
The USD/CAD pair broke higher during the course of the session on Tuesday, breaking above the 1.32 level again. Ultimately, I feel that this market is going to continue to trade to grind higher, and with that...
The USD/CAD pair initially tried to rally during the day on Monday, but then fell rather significantly as Vladimir Putin suggested that Russia may cut back production of petroleum going forward to help OPEC. However, we still...
USDCAD has formed higher lows and higher highs, creating a rising wedge formation visible on its 4-hour chart. Price is currently testing the wedge support at 1.3185 and could be due for a breakout soon. If support...
USDCAD’s upward movement from 1.3047 extended to as high as 1.3313. Support is located at the bottom of the price channel on 4-hour chart, as long as the channel support holds, the uptrend could be expected to...
USDCAD is testing the resistance of 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...
The USD/CAD pair fell during the course of the session on Friday, but found enough support near the 1.32 level below to turn things back around. With this, it looks as if we are going to continue...
The USD/CAD pair initially rallied during the course of the session on Thursday, but turned around to form a bit of a shooting star. The shooting star is preceded by a shooting star on the previous day...
