The USD/CAD pair fell during the course of the session on Thursday, but found enough support near the 1.24 level to turn things back around at the end of the day. We believe the market still continues...
USDCAD stays in the trading range between 1.2352 and 1.2797. As long as 1.2352 support holds, the sideways movement could be treated as consolidation of the uptrend from 1.1191 (Nov 21, 2014 low), another rise towards 1.3000...
The USD/CAD pair tried to go higher during the course of the session on Wednesday, but gave back about half of the gains in order to form a shooting star like candle. That being the case, the...
USDCAD continued its sideways movement in a range between 1.2352 and 1.2797. As long as 1.2352 support holds, the sideways movement could be treated as consolidation of the uptrend from 1.1191 (Nov 21, 2014 low), another rise...
The USD/CAD pair broke higher during the session on Tuesday, clearing the 1.25 level. That area is a bit of a magnet for the market at the moment, and we believe that the pair will ultimately head...
USDCAD is forming a sideways consolidation in a range between 1.2352 and 1.2797. The sideways movement could be expected to continue in a couple of days. As long as 1.2352 support holds, the uptrend from 1.1191 (Nov...
The USD/CAD pair initially fell during the course of the session on Monday, as we continue to meander around the 1.25 handle. Because of this, the market looks as if it’s ready to grind sideways for a...
USDCAD is now in downtrend from 1.2797, the rise from 1.2352 is likely consolidation of the downtrend. Another fall could be expected after consolidation, and next target would be at 1.2100 area. Resistance is at 1.2600, only...
The USD/CAD pair fell during the course of the session on Friday, but found enough support near the 1.2350 level to turn things back around and form a nice hammer. That hammer suggests that the buyers are...
USDCAD stays above the upward trend line on daily chart, and remains in uptrend from 1.0619 (Jul 3, 2014 low), the fall from 1.2797 is likely consolidation of the uptrend. Range trading between 1.2250 and 1.2797 would...
