The USD/CAD pair initially rose during the course of the session on Monday, but turned back around just below the 1.24 level. By doing so, they ended up forming a shooting star for the day, and it...
USDCAD is showing signs of a pullback on its 1-hour time frame, as the pair bounced off the 1.2200 major psychological support area. Price is now testing resistance at the 38.2% Fibonacci retracement level, which lines up...
USDCAD broke below 1.2350 support, indicating that the uptrend from 1.1919 had completed at 1.2563 already. The pair is now in downtrend, further decline to test 1.1919 support could be expected, a breakdown below this level will...
The USD/CAD pair initially tried to rally during the course of the session on Friday, but found the area above to be far too resistive. However, the 1.24 level above is resistance, followed by the 1.25 level...
The USD/CAD pair initially rallied during the session on Thursday, but found the area above to be a bit too resistive, and therefore formed a shooting star. However, we see a bit of support below to keep...
The USD/CAD pair fell rather hard during the session on Wednesday, testing the 1.220 support level. It found support there, and the market ended up bouncing to form something along the lines of a hammer. Because of...
The USD/CAD pair had a very volatile session on Tuesday, as we continue to bang around just below the 1.24 level. It looks as if the market is probably going to continue to drift a little bit...
The USD/CAD pair fell during the session on Monday, testing the 1.24 level yet again. By doing so, we are at the bottom of the recent consolidation area, and it now appears that we will more than...
USDCAD continued its upward movement from 1.1919, and the rise extended to as high as 1.2563. Support is at 1.2350, as long as this level holds, the uptrend could be expected to continue, and next target would...
The USD/CAD pair initially rallied during the session on Friday, but found a bit of resistance at the 1.2550 level to turn things back around and form a rather negative candle. If we can break down below...
