The USD/CAD pair went back and forth during the course of the session on Tuesday, as we continue to meander just below the 1.40 level. We believe that a break above this level is a significant move...
The USD/CAD pair went back and forth during the day on Monday, touching the 1.40 level again. However, that area continues to elude the bullish traders out there, so having said that it looks as if we...
USDCAD’s upward movement from 1.2831 extended to as high as 1.40000. Further rise could be expected after a minor consolidation, and next target would be at 1.4500 area. Support is now at 1.3650, as long as this...
The USD/CAD pair went back and forth during the course of the session on Friday, testing the 1.40 level. The 1.40 level above is the target that we have for some time, so having said that it’s...
The USD/CAD pair broke higher during the course of the day on Thursday, showing quite a bit of bullish pressure yet again. We broke above the top of the shooting star like candle from Wednesday, and that...
The USD/CAD pair initially rallied during the day on Wednesday, but pulled back to form a relatively unimpressive candle. However, this is pre-FOMC, so we have no idea what the reaction will be yet. However, we recognize...
The USD/CAD pair went back and forth during the course of the day on Tuesday, forming a rather neutral candle. However, the market is most certainly in an uptrend and any pullback at this point in time...
The USD/CAD pair went back and forth during the day on Monday, as we are starting to struggle to continue the massive move higher. However, we look at any pullback at this point in time is simply...
USDCAD broke above 1.3456 resistance, and reached as high as 1.3757, indicating that the uptrend from 1.1919 (May 14 low) has resumed. Further rise could be seen over the next several weeks, and next target would be...
The USD/CAD pair broke higher during the course of the session on Friday, clearing the 1.37 level. Ultimately, if we pullback from here we should see plenty of buying pressure underneath, and that the 1.35 level should...
