USDCAD continued its upward movement from 1.1803, and the rise extended to as high as 1.2677. Key support is now at 1.2380, as long as this level holds, the uptrend could be expected to continue, and next...
The USD/CAD pair went back and forth during the course of the session on Wednesday, as the market continues to try to come up with enough momentum to break above the 1.25 handle. With that, we are...
USDCAD’s upward movement from 1.1560 extended to as high as 1.2536. Near term support is at the upward trend line on 4-hour chart, as long as the trend line support holds, the uptrend could be expected to...
The USD/CAD pair fell during the course of the day on Tuesday, breaking the back of a hammer from Monday. That essentially makes the hammer from Monday a “handyman”, which of course is a very bearish sign....
USDCAD remains in uptrend from 1.1560, the fall from 1.2500 is likely consolidation of the uptrend. Support is at 1.2250, as long as this level holds, the uptrend could be expected to continue, and next target would...
The USD/CAD pair initially fell during the course of the session on Monday, but as you can see bounced enough to form a hammer. That hammer of course suggests that the market is ready to go higher,...
USDCAD’s upward movement from 1.1560 extended to as high as 1.2494. Further rise could be expected after a minor consolidation, and next target would be at 1.2700 area. Support is at 1.2250, only break below this level...
Here are the Top Forex Developments for the trading week between 01/19/15 and 01/23/15: Number One: European Central Bank Interest Rate Announcement & Economic Stimulus As widely expected the ECB left interest rate on hold at 0.05%....
USDCAD remains in uptrend from 1.1560. Near term support is at 1.2250, as long as this level holds, the uptrend could be expected to continue, and next target would be at 1.2700 area. Key support is located...
USDCAD continued its upward movement from 1.0619 (Jul 3, 2014 low), and the rise extended to as high as 1.2456. Further rise is still possible after a minor consolidation, and next target would be at 1.3000 area....
