The USD/CAD pair went back and forth during the course of the session on Tuesday, bouncing around the 1.32 level. Now that we have broken above to a fresh, new high at one point during the session,...
The USD/CAD pair initially rallied during the course of the session on Monday, but turn right back around to form a shooting star. The shooting star testing the 1.32 level of course is a sign that we...
USDCAD continued its upward movement from 1.3000, and the rise extended to as high as 1.3275. Further rise is still possible in a couple of days, and next target would be at 1.3300 area. Support is at...
USDCAD broke above 1.3150 resistance, indicating that the pair is now in uptrend from 1.3000. Further rise to test 1.3248 resistance could be expected after a minor consolidation. Support level is at 1.3090, as long as this...
USDCAD is testing the resistance of the price channel on daily chart. A clear break above the channel resistance could bring price to 1.3600 zone. Near term support is at 1.3100, a breakdown below this level could...
The bestseller rallied against the Canadian dollar during the day on Friday, breaking above the top of the hammer from the Thursday session. By doing so, we started to reach towards the 1.32 level above, which I...
Be USD/CAD pair broke down during the course of the session on Thursday, touching the 1.30 level. However, that area offered quite a bit of support, and therefore the large, round, psychologically significant number gives us a...
USDCAD broke below 1.3100 support, indicating that the uptrend from 1.2822 had completed at 1.3248 already. Further decline could be expected over the next several days, and the target would be at 1.2800 area. Resistance is at...
The USD/CAD pair broke higher during the course of the day on Tuesday, clearing the top of the hammer that had been formed during the Monday session. By doing so, looks as if the market is trying...
The USD/CAD pair initially fell during the course of the session, and then turn right back around to form a very positive candle. A hammer sitting at the 1.32 level shows that we are still trying to...
