The USD/CAD pair had a back-and-forth type of session during the day on Monday, as we tested the 1.40 level. That area offered enough resistance to turn the market back around and form a somewhat weak looking...
USDCAD remains in long term uptrend from 0.9406 (Jul 26, 2011 low), the fall from 1.4689 could be treated as consolidation of the uptrend. Range trading between 1.3400 and 1.4689 would likely be seen over the next...
The USD/CAD pair broke higher during the course of the day on Friday, clearing the top of the hammer from Thursday. This is a very bullish sign, and the fact that it was at the 50% Fibonacci...
The USD/CAD pair broke down during the course of the day on Thursday, dipping all the way down to roughly the 1.36 handle. Because of this, we look very negative at one point but by the end...
USDCAD has been selling off lately but it is closing in on the rising trend line visible on the daily time frame. Price could make a test of the 1.3500-1.3600 support area, which is in line with...
The USD/CAD pair tried to rally during the course of the session on Tuesday, but turned back around to form a bit of a shooting star. That being the case, the market looks as if it is...
USDCAD’s fall from 1.4689 extended to as low as 1.3947. Further decline to test 1.3800 support is possible next week. As long as this level holds, the fall could be treated as consolidation of the uptrend from...
The USD/CAD pair tried to rally, but failed on Friday. However, we think that sooner or later there will be buyers as this area is so strong in support. Oil has been going higher on a shot-term...
The USD/CAD pair fell significantly during the course of the session on Thursday, testing the 1.40 level for support. We did in fact find it, and at FX Empire we have been waiting for this move. The...
The USD/CAD pair fell slightly during the course of the session on Wednesday, testing the 1.40 level. The area just below is massively supportive in our opinion, so we are waiting to see whether or not we...
