USDCAD stays in a upward price channel on daily chart, and remains in uptrend from 1.1919, the fall from 1.3353 is likely consolidation of the uptrend. Near term support is at the bottom of the channel. As...
The USD/CAD pair initially fell during the course of the day on Friday, but found enough support near the 1.3150 level to turn things back around and form a nice hammer. The hammer matches the one that...
The USD/CAD pair initially fell during the day on Thursday, but found enough support near the 1.31 level to turn things back around and form a hammer. With that being the case, the market looks as if...
The USD/CAD pair rose during the course of the session on Wednesday, testing the highs yet again. By doing so, we did pullback a little bit to form something akin to a shooting star, but this market...
The USD/CAD pair initially broke higher during the course of the session on Tuesday, but found enough resistance above to turn things back around and form a shooting star. This will be interesting to pay attention to,...
USDCAD’s upward movement from 1.1919 extended to as high as 1.3353. Near term support is at the bottom of the price channel on daily chart. As long as the channel support holds, the uptrend could be expected...
USDCAD moved sideways in a narrow range between 1.2860 and 1.3213. Support is at 1.2860, as long as this level holds, the sideways movement could be treated as consolidation of the uptrend from 1.1919, and further rise...
The USD/CAD pair initially fell on Friday, but found enough support near the 1.30 level to turn things back around. By doing so, it looks as if the market is ready to continue to try to go...
The USD/CAD pair initially fell during the day on Wednesday but turned back around to form a very bullish candle as we charged towards the 1.32 handle. With this, we feel that the market is trying to...
The USD/CAD pair initially tried to rally on Tuesday, but turned back around to form a shooting star. Because of this we feel that the market is going to pull back a little bit and look for...
