The USD/CAD pair initially tried to rally during the course of the day on Friday but turned back around in order to form a shooting star. Because of this, it does not look like market is ready...
The USD/CAD pair rose during the course of the day on Thursday, bouncing off of the 1.3650 region in order to show signs of life. This is a market that sooner or later we expect the buyers...
The USD/CAD pair fell during the course of the day on Wednesday, testing the 1.37 handle. This is an area that has been supportive in the past, but quite frankly we think that there’s much more support...
The USD/CAD pair initially fell during the day on Tuesday, but turned around and shot higher. By doing so, the market looks fairly healthy and it also looks as if it should reach towards the 1.40 handle....
The USD/CAD pair rallied a bit during the course of the session on Monday, but at this point in time it appears that we are simply not ready to go anywhere. If we can break above the...
USDCAD is in consolidation of the long term uptrend from 0.9406 (Jul 26, 2011 low). Range trading between 1.3400 and 1.4689 would likely be seen over the next several weeks. Support is at 1.3400, as long as...
The USD/CAD pair went back and forth during the course of the day on Friday but the 1.40 level above is proving itself to be massively resistive. That being the case, we think that we will pullback...
The USD/CAD pair initially rose during the course of the day on Thursday, testing the 1.40 level which of course is a massive round number. That being the case, we turned back around to form something akin...
During the day on Wednesday, we ended up going back and forth during the course of the session in order to form a rather neutral candle. We tested the 1.40 level, and it now appears that if...
The USD/CAD pair fell during the course of the day on Tuesday, but found enough support near the 1.38 level to turn things back around and form a bit of a hammer. However, the 1.40 level above...
