The USD/CAD pair fell during the bulk of the session on Thursday, as we continue to consolidate just above the 1.24 handle. Because of that, it appears that the market will continue to consolidate as we await...
USDCAD remains in uptrend from 1.1191 (Nov 21, 2014 low), the fall from 1.2797 would possibly be consolidation of the uptrend. Range trading between 1.2200 and 1.2797 would likely be seen over the next several days.
The USD/CAD pair broke down during the course of the session on Tuesday, slicing through the 1.25 handle. In fact, we dipped all the way down to the 1.24 level by the time the day was over...
USDCAD broke below 1.2380 support, indicating that the uptrend from 1.1803 had completed at 1.2797 already. Range trading between 1.2200 and 1.2797 would likely be seen over the next several days.
The USD/CAD pair broke down during the course of the day on Monday as oil markets rebounded a bit. However, the 1.25 level below should be rather supportive, so we are looking for some type of supportive...
USDCAD remains in uptrend from 1.1803, the fall from 1.2797 is likely consolidation o f the uptrend. Range trading between 1.2380 and 1.2797 could be seen in a couple of days. Support is at 1.2380, as long...
USDCAD remains in uptrend from 1.1803. Further rise could be expected after a minor consolidation, and next target would be at 1.2800 area. Support is at 1.2380, only break below this level could signal completion of the...
USDCAD’s upward movement from 1.0619 (Jul 3, 2014 low) extended to as high as 1.2797. Further rise could be expected after a minor consolidation, and next target would be at 1.3500 area. Near term support is at...
The USD/CAD pair broke higher during the course of the session on Friday, but turned back around and give up about half of the gains. Ultimately, the market ended up forming a shooting star, which of course...
The USD/CAD pair broke higher during the course of the session on Thursday, cleanly breaking well above the 1.25 handle. With the oil markets looking is soft as they do, the Bank of Canada surprising the market...
