USDCAD’s upward movement from 1.0619 (Jul 3, 2014 low) extended to as high as 1.2046. Near term support is at 1.1800, as long as this level holds, the uptrend could be expected to continue, and next target...
The USD/CAD pair broke out during the session on Friday, but found enough resistance above the 1.20 level in order to turn things back around and form a shooting star. The shooting star courses negative, but at...
The USD/CAD pair initially fell during the course of the day on Thursday, testing the 1.18 handle. We did however find enough support there that the market formed a massive hammer and as a result the analysis...
USDCAD broke below the bottom of the price channel on 4-hour chart, indicating that consolidation of the uptrend from 1.1191 (Nov 21, 2014 low) is underway. Range trading between 1.1750 and 1.2017 would likely be seen over...
The USD/CAD pair went back and forth during the course of the day on Wednesday, testing the 1.20 level during the session. With that, we did pullback a little bit but it appears that any pullback will...
USDCAD continued its upward movement from 1.1560, and the rise extended to as high as 1.2017. Near term support is at the bottom of the price channel on 4-hour chart, as long as the channel support holds,...
The USD/CAD pair went back and forth during the course of the session on Tuesday, showing the 1.20 level to be resistive still, and as a result we believe that the market is probably going to pull...
USDCAD’s upward movement from 1.1560 extended to as high as 1.1993. Further rise is still possible after a minor consolidation, and next target would be at 1.2100 area. Support is at 1.1850, only break below this level...
The USD/CAD pair broke much higher during the course of the session on Monday as you can see, mainly in reaction to the way the oil markets have fallen apart. We have been targeting the 1.20 level...
USDCAD continued its upward movement from 1.1560, and the rise extended to as high as 1.1977. Further rise could be expected, and next target would be at 1.2100 area. Support is at 1.1850, only break below this...
