USDCAD remains in uptrend from 1.2822, the fall from 1.3248 could be treated as consolidation of the uptrend. Key support is at 1.3100, as long as this level holds, the uptrend could be expected to continue, and...
USDCAD’s upward movement from 1.2822 extended to as high as 1.3248. Further rise is still possible after a minor consolidation, and next target would be at 1.3300 area. Key support is at 1.3100, only break below this...
USDCAD is facing 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 USD/CAD pair rose during the course of the session on Thursday, slicing through the 1.32 level. By doing so, we continue to test serious resistance and I think we are trying to break out to the...
Being contained by 1.3252 (Jul 27 high) resistance, USDCAD pulled back from 1.3235, indicating that consolidation of the uptrend from 1.2822 is underway. Range trading between 1.3080 and 1.3235 would likely be seen in a couple of...
The USD/CAD pair went back and forth during the course of the day on Wednesday, as we turned right back around to form a slightly positive candle. However, I think the 1.32 level of course is resistive...
USDCAD has formed higher lows and found resistance at the 1.3200 major psychological level, creating an ascending triangle pattern on its 4-hour time frame. Price is currently testing the resistance, still deciding whether to go for a...
USDCAD’s upward movement from 1.2822 extended to as high as 1.3208. Further rise could be expected after a minor consolidation, and next target would be at 1.3400 area. Support level is now at 1.3125, as long as...
The USD/CAD pair broke much higher during the course of the day on Tuesday, breaking well above the top of the shooting star from the Monday session. By doing so, it shows that the USD/CAD pair should...
USDCAD broke above 1.3147 resistance. Further rise could be expected over the next several days, and next target would be at 1.3400 area. Support is at 1.3020, as long as this level holds, the uptrend will continue.
