USD/CAD Forecast April 17, 2015, Technical Analysis
The USD/CAD pair continue to fall during the session on Thursday, and now looks like it’s ready to head all the way down to the 1.20 level. We expect to see a bit of support there, as...
Tag: USDCAD
USD/CAD Forecast April 16, 2015, Technical Analysis
The USD/CAD pair finally break out of consolidation during the day on Wednesday, slicing down to the 1.23 handle. Because of this, we feel that the market is then going to head to the 1.20 level, as...
USD/CAD Forecast April 15, 2015, Technical Analysis
The USD/CAD pair fell hard during the course of the session on Tuesday, breaking below the 1.25 level. With that, the market should continue to find buyers below there, and a supportive candle is reason enough to...
USD/CAD Forecast April 14, 2015, Technical Analysis
The USD/CAD pair fell slightly during the session on Monday, as we continue to bounce around in the overall consolidation area. We believe that this market will probably pull back slightly during the session today, as it...
USDCAD Daily Analysis – April 13, 2015
USDCAD continued its sideways movement in a range between 1.2352 and 1.2835. The price action in the range is likely consolidation of the long term uptrend from 1.0619 (Jul 3, 2014 low). Another rise to test 1.2835...
USDCAD Weekly Analysis – April 12, 2015
USDCAD continued its sideways movement in a range between 1.2351 and 1.2835. As long as 1.2351 support holds, the price action in the range could be treated as consolidation of the uptrend from 1.0619 (Jul 3, 2014...
USD/CAD Forecast April 13, 2015, Technical Analysis
The USD/CAD pair initially broke higher during the course of the session on Friday, but turned back around to form a massively bearish shooting star. At the end of the day though, we think this will simply...
USD/CAD Forecast April 10, 2015, Technical Analysis
The USD/CAD pair eventually rose during the session on Thursday, but not after dipping slightly. By doing so, we have formed a hammer like candle yet again and have broken above the 1.26 level during the session....
USD/CAD Forecast April 9, 2015, Technical Analysis
The USD/CAD pair initially fell hard during the session on Wednesday, but bounced enough to form a pretty nice-looking hammer. This hammer is at the bottom of the overall consolidation, and as a result we believe that...
USD/CAD Forecast April 8, 2015, Technical Analysis
The USD/CAD pair broke higher during the course of the day on Tuesday, clearing the 1.25 handle. Because of this, the market looks as if it is ready to continue going higher. We recognize that the market...