The USD/CAD pair initially fell during the session on Tuesday, but found enough support below the 1.26 level to turn things back around and form a positive candle. The candle in fact ended up being a hammer,...
USDCAD broke above 1.2663 resistance, indicating that the uptrend from 1.1191 (Nov 21, 2014 low) has resumed. Further rise could be expected, and next target would be at 1.3000 area. Support is at 1.2530, only break below...
The USD/CAD pair tried to fall during the course of the session on Monday, but found a little bit of support below, and formed a bit of a hammer. Because of this, the market looks as if...
USDCAD is testing 1.2663 resistance, a break of this level will indicate that the uptrend from 1.1191 (Nov 21, 2014 low) has resumed, then the following upward movement could bring price to 1.3000 area. However, as long...
USDCAD is facing 1.2663 resistance, a break of this level will signal resumption of the long term uptrend from 1.1191 (Nov 21, 2014 low), then the following upward movement could bring price to 1.3000 area. On the...
USDCAD moved sideways in a trading range between 1.2351 and 1.2797. Near term support is at 1.2351, and the key support is located at the upward trend line on daily chart. As long as the trend line...
The USD/CAD pair initially tried to fall during the session on Thursday, but bounced back towards the 1.25 handle. With that, the market looks as if it is ready to continue the volatility, but with today being...
USDCAD is forming a sideways consolidation in a range between 1.2352 and 1.2797. Another fall to test 1.2352 support would likely be seen, a breakdown below this level will target 1.2200 area. Key resistance is now at...
The USD/CAD pair initially tried to rally during the course of the day on Wednesday, but struggled above the 1.25 level yet again. By doing so, we ended up breaking down again, heading to the 1.24 region....
USDCAD is gearing up to test the bottom of its descending triangle pattern once more, after finding resistance around the 1.2500 levels. Price is nearing the support at the 1.2400 major psychological mark and may be due...
