USDCAD’s downward movement from 1.4689 extended to as low as low as 1.3167. Further decline could be expected after a minor consolidation, and next target would be at 1.3000 area. Resistance is at 1.3500, only break above...
The USD/CAD pair fell slightly during the course of the session on Friday, as we continue to see bearish pressure in this market. The oil markets have been very strong lately, so that of course has been...
The USD/CAD pair went back and forth during the day on Thursday, as we continue to try to find some type of support in order to rally again. With this being the case, it’s likely that the...
The USD/CAD pair broke down during the day on Wednesday, slicing through the bottom half of a hammer that could have turned the market completely around. We will have to see what happens with the oil next,...
The USD/CAD pair broke higher during the course of the session on Tuesday, as we broke above the top of the hammer on Monday. By doing so, this is considered to be a buy signal, and that...
The USD/CAD pair initially tried to rally during the course of the day on Monday, as we continue to see the oil markets rally and of course the Canadian dollar strengthened. With this, we still believe that...
USDCAD continued its downward movement from 1.4689, and the fall extended to as low as 1.3312. Further decline is still possible in a couple weeks, and next target would be at 1.3000 area. Resistance is at 1.3600,...
The USD/CAD pair initially tried to rally during the course of the day on Friday, but found the 1.35 level a bit too resistive and then we broke down significantly. With this being the case, looks as...
The USD/CAD pair initially tried to rally during the course of the session on Thursday, but turned back around to form a shooting star for the day. That being the case, we also noticed that there was...
The USD/CAD pair initially rallied during the course of the session on Wednesday, testing the 1.35 level. Having said that, the market turned back around to form a shooting star, and with that being the case it...
