The USD/CAD pair broke higher during the course of the day on Tuesday, testing the 1.40 level yet again. This is an area that’s been massively resistive recently, and if we can break above it is of...
The USD/CAD pair broke higher during the course of the session on Monday, testing the 1.40 level yet again. This is an area that offers more than enough resistance to keep the market at bay though, so...
USDCAD stays in a upward price channel on daily chart, and remains in uptrend from 1.2831. As long as the channel support holds, the uptrend could be expected to continue, and next target would be at 1.5000...
The USD/CAD pair initially tried to rally during the day on Thursday but then ended up selling off. Quite frankly, we believe that this market is simply trying to build up enough momentum to break above the...
The USD/CAD pair initially tried to rally during the course of the session on Wednesday, but turned back around. That being the case, the market looks as if it is not quite ready to break above the...
The USD/CAD pair tried to rally initially during the day on Tuesday, but turned back around to form a bit of a shooting star. This market looks as if it is not quite ready to break out...
The USD/CAD pair broke higher during the day on Monday, using the 1.38 level as support. It looks as if the market is going to make another attack on the 1.40 level, which of course is going...
USDCAD remains in uptrend from 1.2831, the fall from 1.4000 is likely consolidation of the uptrend. Support is located at the bottom of the price channel on daily chart. As long as the channel support holds, the...
The USD/CAD pair did very little during the session on Thursday, as we essentially formed a neutral candle. Ultimately, we believe that this market has quite a bit of bullish pressure underneath, and with this we think...
The USD/CAD pair broke down during the course of the day on Wednesday, as we have seen far too much in the way of resistance at the 1.40 level. That’s not a surprise though, it is of...
