The USD/CAD pair initially broke down to the upside during the session on Monday, but turned back around to test the 1.25 handle. This is the beginning of significant support, and we believe that it extends all...
USDCAD is facing 1.2447 support, as long as this level holds, the sideways movement in a range between 1.2447 and 1.2835could be expected to continue. On the downside, a breakdown below 1.2447 support will indicate that the...
USDCAD stays in the trading range between 1.2447 and 1.2835. The sideways movement could be expected to continue over the next several days. Key support is at 1.2447, as long as this level holds, one more rise...
USDCAD failed to break above 1.2797 resistance, and stayed in the trading range between 1.2351 and 1.2797. Deeper decline to test the support of the upward trend line on daily chart could be seen, as long as...
The USD/CAD pair initially rallied during the course of the session on Friday, but turned back around to race back down towards the 1.25 handle. However, this is an area that features quite a bit of support,...
The USD/CAD pair rose during the session on Thursday, as we have all but wiped out the losses from the Wednesday session. On top of that, the oil markets have fallen apart, so that of course puts...
USDCAD is forming a sideways consolidation in a range between 1.2447 and 1.2835. The sideways movement could be expected to continue over the next several days. Key support is at 1.2447, as long as this level holds,...
The USD/CAD pair found support at the 1.25 level, but only after smashing through it at one point. In fact, the market broke down significantly and as a result it looks like we are going to continue...
USDCAD is now in downtrend from 1.2835. Further decline could be expected over the next several days, and next target would be at 1.2300 area. Resistance levels are at 1.2700 and 1.2835, only break above these levels...
The USD/CAD pair fell during the session on Tuesday, but found enough support below to turn things back around and form a hammer. This is the second hammer in a row, so we do believe that the...
