The USD/CAD pair broke higher during the course of the day on Monday, testing the upper reaches of the shooting star that had formed the last week. Because of this, looks like the market is ready to...
USDCAD broke above 1.3353 resistance, indicating that the uptrend from 1.1919 has resumed. Further rise could be expected over the next several weeks, and next target would be at 1.4000 area. Key support is now at 1.3011,...
The USD/CAD pair went back and forth during the course of the session on Friday, and as a result we ended up forming a fairly neutral candle. However, the market looks like it’s ready to fight the...
The USD/CAD pair initially broke higher during the course the day on Thursday, even getting above the 1.34 handle. We found enough resistance in that area to turn things back around though, and as a result we...
The USD/CAD pair initially tried to fall during the course of the day on Wednesday but found enough support to turn things back around and form a bit of a hammer. We believe that this market is...
The USD/CAD pair had a slightly positive session during the day on Tuesday, as we continue to press upon the 1.3350 level. This is an area that if we can get above, should signal the next leg...
The USD/CAD pair initially fell during the course of the session on Monday, as we broke the top of the hammer that was formed on Friday. With that, we believe that the market will continue to try...
USDCAD stays in the upward price channel on daily chart, and remains in uptrend from 1.1919, the fall from 1.3353 is likely consolidation of the uptrend. As long as the channel support holds, the uptrend could be...
The USD/CAD pair fell during the course of the session on Friday, testing the 1.30 level. However, we turned back around and formed a very positive looking candle. With that, it appears of the market should continue...
The USD/CAD pair fell during the course of the session on Wednesday, but as you can see is still within the consolidation area that we have seen for some time. Today is the FOMC Statement, and that...
