USDCAD is facing 1.3456 resistance, a break of this level will indicate that the uptrend from 1.1919 has resumed, then the following upward movement could bring price to 1.4000 area. On the downside, as long as 1.3456...
The USD/CAD pair initially fell during the course of the session on Friday, but turned back around to show a slightly positive candle. Ultimately, we feel that this market continues to grind its way towards the 1.3450...
The USD/CAD pair rose during the course of the day on Thursday, breaking above the 1.33 handle. Although we did not keep all of the gains, the reality is that the market looks as if it is...
The USD/CAD pair initially fell during the day on Wednesday, but then turned back around to form a bit of a positive candle. It looks as if the market is ready to continue grinding higher and we...
The USD/CAD pair initially tried to rally but turned back around at the 1.33 level to form a bit of a shooting star. While this is a somewhat negative candle, the reality is that there is enough...
USDCAD’s rise from 1.2831 extended to as high as 1.3317. Further rise to test 1.3456 resistance is possible next week, a break of this level will signal resumption of the uptrend from 1.1919, then next target would...
The USD/CAD pair broke out to the upside during the course of the session on Friday, making a fresh, new high. The 1.33 level being tested isn’t a big surprise, but quite frankly we feel that we...
The USD/CAD pair went back and forth during the course of the day on Thursday, which of course makes a lot of sense as we have the Nonfarm Payroll number coming out of the United States as...
The USD/CAD pair broke higher during the course of the session on Wednesday, testing the top of the shooting star for the Tuesday session. This of course is a very bullish sign and we now feel that...
The USD/CAD pair tried to rally during the course of the day on Tuesday, but found far too much resistance in the way of the 1.3150 handle. Because of this, we feel that the markets probably to...
