USD/CAD Forecast January 18, 2016, Technical Analysis
The USD/CAD pair broke higher during the course of the day on Friday, finally clearing the 1.45 handle. This was a target for some time, and as a result we are now above that and it should...
Tag: USDCAD
USD/CAD Forecast January 15, 2016, Technical Analysis
The USD/CAD pair went back and forth during the course of the day on Thursday, as we slowed down and what has been a very strong uptrend. At this point, we think this pair could pull back,...
USD/CAD Forecast January 14, 2016, Technical Analysis
The USD/CAD pair fell during the course of the session on Wednesday, but then turn right back around and broke well above the 1.43 level. Because of this, the market should continue to go higher as the...
USD/CAD Forecast January 13, 2016, Technical Analysis
The USD/CAD pair initially fell during the course of the day on Tuesday but found enough support below the 1.42 level to turn things around and go higher. This is a very strong uptrend at this point...
USD/CAD Forecast January 12, 2016, Technical Analysis
The USD/CAD pair initially fell during the course of the session on Monday, but turned back around to form a massive hammer. The hammer at the top of the uptrend of course is a very positive sign,...
USDCAD Weekly Analysis – January 10, 2016
USDCAD’s upward movement from 1.2831 extended to as high as 1.4176. Support is at the upward trend line on daily chart. As long as the trend line support holds, the uptrend could be expected to continue, and...
USD/CAD Forecast January 11, 2016, Technical Analysis
The USD/CAD pair rose during the course of the day on Friday, as we continue to see quite a bit of strength. In fact, we have a shooting star from the Thursday session, and that been broken...
USD/CAD Forecast January 8, 2016, Technical Analysis
The USD/CAD pair initially tried to rally during the course of the session on Thursday, but turned back around just below the 1.42 level. That of course is a round number, and that of course will attract...
USDCAD Retracement Setup (Jan 8, 2016)
USDCAD has been breaking past one high after another in the past few days, as risk aversion and falling oil prices have weighed on the Canadian dollar. It seems that the pair has topped at around 1.4170...
USD/CAD Forecast January 7, 2016, Technical Analysis
The USD/CAD pair rose again during the course of the session on Wednesday, breaking above the 1.40 level. Ultimately, this is a market that is in a very strong uptrend, and we have broken above a significant...