The USD/CAD pair rose during the day on Tuesday, reaching towards the 1.30 level. Ultimately, this is a market that should continue to be very volatile, but on top of that highly influenced by the oil markets....
The USD/CAD pair fell during the day on Monday, and fairly light trading. After all, the Americans were celebrating Independence Day, which of course ways upon liquidity. The amount of money coming out of the United States...
The USD/CAD pair fell significantly during the day but gave back some of the losses before the day was done. At this point in time, it looks that we could drift a little lower but I’m not...
USDCAD continued its sideways movement in a range between 1.2460 and 1.3188. Resistance is at 1.3188, a break of this level will indicate that the uptrend from 1.2460 has resumed, then next target would be at 1.3600...
The USD/CAD pair broke higher during the course of the session on Thursday, slicing through the 1.30 level. However, we have been consolidating in general, and as a result I think it can be difficult to trade...
USDCAD has formed lower highs and higher lows, creating a symmetrical triangle pattern on its daily time frame. Price is just coming off a test of the triangle resistance and looks ready to make a test of...
The USD/CAD pair initially fell during the day in a bit of a “risk on” type of move. However, the 1.30 level has offered enough support to turn the market back around and form a bit of...
The USD/CAD pair rose during the day on Monday, breaking above the 1.30 level as oil markets fell, and of course the US dollar was purchased in order to get away from other currencies. At this point...
USDCAD moved sideways in a range between 1.2460 and 1.3188 for several weeks. Another rise to 1.3600 area would likely be seen after the sideways movement, and a break of 1.3188 resistance could signal resumption of the...
The USD/CAD pair broke higher during the course of the day on Friday, breaking above the 1.30 level at one point. We did find quite a bit of resistance above there though, so having said that it...
