In a recent development, the USDCAD pair has broken below the rising trend line on its 4-hour chart. This move insinuates that the uptick from 1.3176, which capped at 1.3541, is now wrapped up. Where are we...
USDCAD has been trapped in a lateral dance between 1.3092 and 1.3977 for months, frustrating traders with its indecisiveness. The pair recently flirted with a downside break but held ground at 1.3092, suggesting that another push towards...
USD/CAD has successfully broken above the resistance level at 1.3694, indicating a potential further rise in the near term. After a period of minor consolidation, the next target for the pair could be around the 1.3750 area....
USD/CAD has experienced a bounce from 1.3379, extending as high as 1.3584. There is a possibility of a further rally in the coming days, with the next target to consider around the 1.3640 area. The immediate support...
USDCAD has broken above the falling trend line on the 4-hour chart, indicating a potential shift in the market sentiment. This breakout suggests that a corrective consolidation phase for the previous downtrend from 1.3694 is currently in...
The USD/CAD currency pair has continued its downward movement from the 1.3694 level and reached as low as 1.3379. With the price still below the falling trend line on the 4-hour chart, the recent bounce from 1.3379...
In recent price action, the USD/CAD pair has broken below the 1.3488 support level, indicating that the previous upside move from 1.3092 to 1.3694 has likely concluded. With the price currently below the falling trend line on...
The USD/CAD currency pair has recently broken below the support of the rising trend line on the 4-hour chart and is currently approaching the 1.3488 support level. If the price breaks below this support level, it would...
USD/CAD is currently approaching the support of a rising trend line on its 4-hour chart. If this trend line support holds, the recent pullback from 1.3694 could be considered a consolidation phase within the larger uptrend that...
USD/CAD has experienced a notable upward move, starting from 1.3092 and reaching as high as 1.3669. Based on the current bullish momentum, there is a possibility for USD/CAD to continue rising in the coming days, with the...
