Tag: USDCAD

The USD/CAD pair fell during the course of the day and sliced well below the 1.35 handle. Because of this, looks at the pair is ready to continue going lower, but we recognize that oil markets will...

The USD/CAD pair went back and forth during the course of the day on Monday, but ultimately settled for a fairly flat and neutral candle. With that being the case, the market looks as if it is...

The USD/CAD pair did very little during the day on Friday as we said just at the 1.35 level. This is an area that should be rather supportive though, so having said that if we break down...

The USD/CAD pair fell rather significantly during the course of the day on Thursday, breaking all the way down towards the 1.35 handle. This is an area where we would anticipate a bit of support to focus....

The USD/CAD pair initially tried to rally during the course of the day on Wednesday but turned back around. As we continue to consolidate, we cannot help but recognize that there could be a buying opportunity in...

The USD/CAD pair tried to rally during the course of the session on Tuesday, but turned right back around to form a somewhat negative candle. Because of this, the market should continue to chop around back and...

The USD/CAD pair fell initially during the course of the day on Monday, but found enough support near the 1.3650 level to turn things around and form a somewhat hammer like candle. Ultimately, we do think that...

USDCAD has formed lower highs on its 1-hour chart and has been finding support at the 1.3650-1.3700 area, creating a descending triangle chart pattern. Price appears to have found resistance at the top of the formation once...