The USD/CAD pair initially fell significantly during the course of the session on Friday, but found enough buyers below to turn things back around and form a hammer. The hammer of course suggests that we could bounce...
The USD/CAD pair fell significantly during the day on Thursday, testing the 1.30 level. However, this is a huge supportive level for the market, and as a result we believe that a buying opportunity could present itself...
The USD/CAD pair initially broke down during the course of the day on Wednesday, slicing through the 1.30 level. This is an area that we have been talking about for some time as being vital, and with...
The USD/CAD pair initially tried to rally during the course of the session on Tuesday, but found the 1.31 level above to be resistive. We ended up turning back around to form a shooting star like candle,...
The USD/CAD initially fell during the course of the day on Monday, but found enough support towards the end of the day to bounce a little bit and form a bit of a hammer. The 1.30 level...
USDCAD is forming a sideways consolidation in a range between 1.3011 and 1.3456. As long as 1.3011 support holds, the uptrend from 1.1919 could be expected to resume, and further rise to 1.4000 area is possible after...
The USD/CAD pair initially tried to rally on Friday but then turned back around to form a rather negative candle. With that being the case, the market looks as if it is to continue dropping from here....
The USD/CAD pair initially fell during the course of the session on Thursday, but found enough buying pressure near the 1.32 level to turn things back around and form a hammer. That being the case, the market...
The USD/CAD pair went back and forth during the course of the day on Wednesday, as we simply went sideways overall. Quite frankly, this is a pair that has a nice bullish under tone to it, and...
The USD/CAD pair went back and forth during the day on Tuesday, showing quite a bit of volatility. Ultimately though, we ended up forming a slightly positive candle which of course shows that the market is ready...