USDCAD remains in uptrend from 1.2460, the fall from 1.3188 is likely consolidation of the uptrend. Further rise could be expected, and next target would be at 1.3600 area. Support level is at 1.2750, as long as...
The USD/CAD pair fell slightly during the day on Wednesday, as it looks like we are trying to roll over. However, we should have quite a bit of support at the 1.30 level, and of course would...
The USD/CAD pair went back and forth during the course of the day on Tuesday, as we continue to see quite a bit of volatility. We have an interest rate decision coming out of the Bank of...
USDCAD has been trending higher on its short-term time frame, moving above a rising trend line connecting the latest lows of price action on the 1-hour chart. Price appears to be hitting a resistance at the 1.3150...
The USD/CAD pair did very little during the course of the day on Monday, as we continue to meander around the 1.31 handle. Quite frankly, it looks a little bit exhausted, so we could very well pullback....
USDCAD’s upward movement from 1.2460 extended to as high as 1.3162. Further rise could be expected over the next several weeks, and next target would be at 1.3600 area. Support level is at 1.2750, as long as...
The USD/CAD pair rose during the course of the session on Friday, as we continue to see gains in the US dollar. However, there is a bit of a barrier at the 1.32 level, so having said...
The USD/CAD pair rose during the session on Thursday, breaking clear above the 1.30 level. This is an area that has been resistive, and now that we have broken above there, it looks likely that we could...
The USD/CAD pair initially tried to rally during the course of the day on Wednesday, but found the 1.30 level to be far too resistive again as we ended up forming a shooting star. This is preceded...
The USD/CAD pair went back and forth during the course of the day on Tuesday, showing that we continue to struggle just below the 1.30 level. If we can break above there, that would be a very...