Tag: USDCAD

The USD/CAD pair had a very negative session during the day on Tuesday, testing the 1.40 region. There is a massive amount of support all the way down to the 1.38 level as far as we can...

The USD/CAD pair initially tried to rally during the course of the day on Monday, as the markets are starting to show signs of continuing the longer-term uptrend. The 1.45 level above will be targeted, and as...

The USD/JPY pair fell significantly during the course of the session on Friday, as we continue to see bearishness in this market. However, the longer-term trend is most certainly positive, and even though oil markets have rallied,...

The USD/CAD pair fell rather significantly during the day on Thursday, breaking well below the 1.43 level at one point. We believe that there is still a way to go to the downside, but we also recognize...

USDCAD has been trending higher on its long-term time frames, with the recent selloff offering an opportunity to catch the uptrend. On the 4-hour time frame, an ascending trend line can be drawn to connect the recent...

The USD/CAD pair fell initially during the day on Wednesday, but found enough support at the 1.45 level to turn things around and form a hammer. We had a Bank of Canada interest-rate announcement and policy statement...

The USD/CAD pair fell initially during the day on Tuesday but found enough support below the 1.45 level to turn things back around and form a bit of a hammer. The hammer of course is a very...

The USD/CAD pair had a fairly flat session during the day on Monday, testing the 1.45 level for support. This market is ultimately bullish in general as you can see, and therefore we approach the market from...