The USD/CAD pair fell during the course of the session on Monday, as we continue to see quite a bit of resistance of the 1.30 level. That being the case, it’s likely that we will test significant...
USDCAD is now in uptrend from 1.2460. Further rally could be expected over the next several weeks, and the target would be at 1.3600 area. Support levels are at 1.2700 and 1.2460, only break below these levels...
The USD/CAD pair broke higher during the course of the session on Friday, clearing the top of the Thursday hammer. With this being the case, looks as if we are reaching towards the 1.30 level, and as...
The USD/CAD pair fell during the day on Thursday, as we continue to see weakness in this market. This of course is exacerbated by the oil markets rising, and the fact that the 1.30 psychologically significant level...
The USD/CAD currency pair fell during the course of the session on Wednesday, as the 50 day exponential moving average sits just above. The 1.30 level above has been resistive, and it now looks as if we...
The USD/CAD pair gapped higher at the open on Monday, testing the 1.30 level above, which of course is a psychologically significant number. If we can break above there on a daily close, then we may see...
The USD/CAD pair initially fell during the course of the day on Friday, but turned right back around to continue the bullish pressure. With this being the case, we are now ready to test the 1.30 level...
USDCAD broke above the downward trend line on daily chart, indicating that the downtrend from 1.4689 had completed at 1.2460 already. Further rally could be expected over the next several weeks, and the target would be at...
The USD/CAD pair initially fell during the course of the day on Thursday, but turn right back around to form a bit of a hammer. We are approaching the 1.30 level, and what will be interesting today...
The USD/CAD pair broke higher during the course of the day on Wednesday, as it looks like we are ready to try to reach towards the 1.30 level. This is an area that should be massively resistive...