The USD/CAD pair fell below the 1.04 level again, and now looks suspiciously weak. This is a pair that has been decidedly resilient lately, and below level I.03 level there is a significant support to keep this...
The USD/CAD pair fell hard during the session on Wednesday, as the Federal Reserve releases its minutes from the last meeting.
The USD/CAD pair fell during the session on Tuesday, pulling back to the 1.05 handle roughly. This continues to grind higher, but we have seen over the last couple of weeks.
USD/CAD is trending higher on its 1-hour time frame after it found support around the 1.0500 area. The Loonie is currently being supported by the rise in oil prices, which was spurred by the conflict in Egypt,...
The USD/CAD pair fell during the session on Monday, but as you can see not very far. It appears that the market is trying to find support somewhere near the 1.0550 level, and because of that we...
The Loonie has been edging lower against the U.S. dollar gradually, as the pair has formed a shallow rising channel on its 1-hour time frame. The pair is currently testing the top of the channel, with stochastic...
USDCAD continues its upward movement from 1.0137, and the rise extends to as high as 1.0608. Further rise could be expected after a minor consolidation, and next target would be at 1.0800 area. Support is at 1.0460,...
The USD/CAD pair rallied during the session on Friday, as the nonfarm payroll numbers in the United States came out much stronger than anticipated.
The USD/CAD pair rose during a majority of the session on Thursday, but as you can see sellers stepped in and push this market back down.
The USD/CAD pair fell during the session on Wednesday, but as you can see we remain above the 1.05 handle, and as a result we think this market is winding its way up higher, and will eventually...
