USDCAD broke below the bottom of the price channel on daily chart, indicating that the downtrend from 1.4689 has resumed. Further decline could be expected over the next several weeks, and next target would be at 1.1500...
The USD/CAD pair fell significantly during the course of the day on Thursday, as we continue to see weakness in the US dollar, and of course massive strength in the oil markets. With this being the case,...
The USD/CAD pair initially tried to rally on Tuesday but then turn right back around to form a bit of a shooting star. There is support just below though, so I think what we’re going to see...
The USD/CAD pair fell during the course of the day on Tuesday, slicing through the 1.28 level at one point. However, we did bounce a bit so I don’t think this market necessarily ready to meltdown. It...
The USD/CAD pair fell rather significantly during the course of the session on Monday, but once the Americans came back they did attempt to push this market higher. With this being the case, the market breaking above...
The USD/CAD pair fell during the day on Friday, but did bounce a bit towards the end of the day. I believe that this market is still well supported below, and quite frankly oil markets aren’t going...
USDCAD stays in the upward price channel on daily chart, and remains in short term uptrend from 1.2654. Near tern support is at the bottom of the channel. As long as the channel support holds, the uptrend...
The USD/CAD pair initially tried to rally during the course of the session on Thursday and then turned right back around to form a negative candle. We are approaching the 1.30 level, and subsequently a nice trend...
The USD/CAD pair fell rather significantly during the course of the session on Wednesday, testing the 1.30 level. This is an area that offers quite a bit of support, so the fact that we bounced from there...
USDCAD seems to be tired from its uptrend, as a reversal pattern can be seen on its 4-hour time frame. Price is forming a head and shoulders formation and is gearing up to test the neckline at...
