USDCAD remains in uptrend from 1.1919, the fall from 1.3213 is likely consolidation of the uptrend. Near term support is at 1.2850, as long as this level holds, the uptrend could be expected to continue, and next...
The USD/CAD pair initially fell during the course of the session on Friday, but found enough buying pressure underneath to turn things back around and form a hammer. The hammer of course is a very bullish sign...
The USD/CAD pair bounced enough during the course of the session on Thursday to prove the 1.30 level supportive. We believe that there is support extending all the way down to the 1.28 handle anyways, so at...
The USD/CAD pair fell hard during the course of the session on Wednesday, but found support at the 1.30 level. With this, we feel that the buyers are coming back into this marketplace and it’s probably time...
The USD/CAD pair initially fell during the course of the session on Tuesday, testing the 1.30 level for support. That level was massive resistive previously, so it should now be supportive. This was the long-term resistance barrier...
The USD/CAD pair initially tried to rally on Monday but turned back around and slammed into the 1.30 level as well got a bit of a bid for the day. However, we recognize that there is a...
USDCAD’s upward movement from 1.1919 extended to as high as 1.3213. Further rise could be expected over the next several weeks, and next target would be at 1.4000 area. Support is at 1.2850, as long as this...
The USD/CAD pair went back and forth during the course of the session on Friday, showing quite a bit of volatility but at the end of the day we really went nowhere. Because of this, we feel...
The USD/CAD pair initially fell during the course of the session on Wednesday, but just as a bit on Tuesday, the buyers came back into the marketplace to push this market higher. With this, we feel that...
The USD/CAD pair initially fell during the course of the session on Tuesday, but found enough support below to turn things back around and form a hammer. The hammer of course is a bullish sign, so we...
