USDCAD’s upward movement from 1.1560 extended to as high as 1.1889. Further rise could be expected, and next target would be at 1.2000 area. Support is at 1.1731, only break below this level will indicate that the...
USDCAD stays above the upward trend line on daily chart, and remains in uptrend from 1.0619 (Jul 3, 2014 low), and the rise extended to as high as 1.1889. Further rise could be expected after a minor...
The USD/CAD pair bounced off of the 1.18 level to find support and show strength during the session on Friday. Ultimately, the market will more than likely head to the 1.20 handle, given enough time. We believe...
The USD/CAD pair initially fell during the course of the day on Thursday, but found support at the 1.18 level to turn things back around and form a little bit of a hammer. This hammer of course...
USDCAD remains in uptrend from 1.1560, the fall from 1.1873 is likely consolidation of the uptrend. Support is at 1.1731, as long as this level holds, the uptrend could be expected to continue, and next target would...
The USD/CAD pair broke higher during the session on Wednesday, as we continue to grind away towards the 1.20 handle. That being said, we believe the pullbacks are buying opportunities, but recognize that both countries have a...
USDCAD’s upward movement from 1.1156 extended to as high as 1.1873. Further rise could be expected, and next target would be at 1.2000 area. Support is at 1.1730, only break below this level will indicate that the...
The USD/CAD pair rose during the session on Tuesday, trying to break out to the upside. If we can break above to a fresh, new high, we believe this market will continue to go much higher, probably...
USDCAD is facing 1.1841 resistance, a break of this level will signal resumption of the uptrend from 1.1191, then next target would be at 1.2000 area. Support is at 1.1700, only break below this level will indicate...
The USD/CAD pair fell during the course of the day on Monday, showing the 1.18 level to be resistive as we had anticipated. This coincides with support being found have to $50 level in the light sweet...
