The USD/CAD pair went back and forth during the course of the session on Friday, struggling to continue going higher as the 1.25 level has offered a bit of resistance. That level needs to be broken above...
The USD/CAD pair did very little during the session on Thursday, which actually is a good sign considering that it had been so impulsive beforehand. In other words, we did not pullback after that massive move higher....
USDCAD’s upward movement from 1.1560 extended to as high as 1.2419. Further rise could be expected, and next target would be at 1.2500 area. Near term support is at 1.2250, and the key support is located at...
The USD/CAD pair broke higher during the course of the session on Wednesday, as the Bank of Canada cut interest rates by 0.25%, to make them now at the 0.75% level. With that being the case, the...
USDCAD continued its upward movement from 1.1560, and the rise extended to as high as 1.2393. Further rise could be expected after a minor consolidation, and next target would be at 1.2600 area. Support is at 1.2100,...
The USD/CAD pair broke higher during the course of the session on Tuesday, clearing the top of the shooting star from last week as well. We are now broken out above the 1.20 handle, which of course...
USDCAD’s upward movement from 1.1560 extended to as high as 1.2114. Further rise could be expected, and next target would be at 1.2200 area. Support is now at 1.1900, only break below this level could signal completion...
The USD/CAD pair did very little during the session on Monday which of course was not a surprise. Most of the volume in this market comes out of North America, and the fact that it was Martin...
USDCAD remains in uptrend from 1.1560, the fall from 1.2046 could be treated as consolidation of the uptrend. Support levels are at 1.1880 and 1.1800, only break below these levels could bring price back to 1.1600 zone.
USDCAD’s upward movement from 1.1560 extended to as high as 1.2046. Further rise could be expected, and next target would be at 1.2200 area. Support levels are at 1.1880 and 1.1800, only break below these levels could...
