USDCAD has been trading in an ascending channel on its 4-hour time frame but might encounter resistance on this uptrend soon. Price is making its way towards the top of the channel at the 1.3200 major psychological...
The USD/CAD pair initially rose during the course of the day but ended up turning around to form a shooting star. This coincides nicely with the oil markets falling and then bouncing. With this, the market looks...
The USD/CAD pair broke higher during the course of the day on Tuesday, breaking above the 1.30 level. Because of this, looks as if the market is ready to continue grinding higher, but it is going to...
The USD/CAD pair initially rallied during the course of the day on Monday, but found the area above the 1.30 level a bit too exhausted, and as a result we turn right back around to form a...
USDCAD is testing 1.3188 resistance, a break of this level will indicate that the uptrend from 1.2460 has resumed, then the following upward movement could bring price to 1.3600 area. Support is at 1.2460, only a breakdown...
The USD/CAD pair broke down during the course of the session on Tuesday, breaking below the 1.30 level slightly. However, there is a lot of support just below so it’s very likely that the market could find...
The USD/CAD pair broke higher during the day on Monday, as we continue to see bullish pressure in this market. Oil markets look a little bit soft at this point in time, and as a result I...
USDCAD is facing 1.3188 resistance, a break of this level will indicate that the uptrend from 1.2460 has resumed, then next target would be at 1.3600 area. Support is at 1.2460, only a breakdown below this level...
The USD/CAD pair initially fell during the day on Thursday but turned right back around and form a massive hammer. As we press the 1.30 level I cannot help but notice that this is the place to...
The USD/CAD pair went back and forth during the course of the session on Wednesday, as we continue to see the market attracted to the 1.30 level. Ultimately, the market should continue to try to go higher,...
