USDCAD continued its sideways movement 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 1.2663,...
The USD/CAD pair initially fell during the session on Tuesday, dipping well below the 1.25 handle. However, we found enough support below to turn things back around and form a nice-looking hammer. The hammer of course is...
USDCAD stayed in the trading range between 1.2352 and 1.2797. Key resistance is now at 1.2663, a break of this level will signal resumption of the long term uptrend from 1.1191 (Nov 21, 2014 low), then the...
The USD/CAD pair went back and forth on Monday, essentially using the 1.25 level as support. However, when you look at the overall marketplace, you can see that a descending triangle seems to be forming. The descending...
USDCAD moved sideways without trend in a trading range between 1.2352 and 1.2797. The sideways movement could be expected to continue in a couple of days. Support is at 1.2352, as long as this level holds, the...
USDCAD stayed in a trading range between 1.2352 and 1.2797. The sideways movement could be expected to continue in a couple of days. Support is at 1.2352, as long as this level holds, the sideways movement could...
USDCAD remains in uptrend from 1.0619 (Jul 3, 2014 low), the fall from 1.2797 is likely consolidation of the uptrend. Key support is at the upward trend line on daily chart, as long as the trend line...
The USD/CAD pair went back and forth during the course of the session on Friday, as we continue to hug the 1.25 handle. Because of this, the market looks as if it is simply going to grind...
The USD/CAD pair initially fell during the course of the session on Thursday, but found enough support to pop back over the 1.25 handle. Because of this, we believe that the market will continue to go higher...
USDCAD failed to break below 1.2352 support, indicating that the pair remains in uptrend from 1.1191 (Nov 21, 2014 low), and the price action from 1.2797 could be treated as consolidation of the uptrend. Sideways movement in...
