The USD/CAD pair had a positive session on Tuesday again, breaking above the 1.0550 handle that we had suggested would be resistive. However, we could not stay above that area, and as a result the market looks...
The USD/CAD pair fell during the session on Monday, as the 1.05 level continues to be rather resistive. We don’t look at this is a selling opportunity, rather we believe that this market is simply consolidating for...
USDCAD’s upward movement from 1.0137 extends to as high as 1.0556. Further rise is still possible next week, and next target would be at 1.0700 area. Support is at 1.0400, only break below this level could signal...
The USD/CAD pair rallied during the session on Friday, but as you can see the 1.0550 level has offered resistance yet again. The resulting pullback looks like we are going to continue to consolidate between the 1.0550...
The USD/CAD pair had a relatively back and forth session during the Thursday trading hours, but as you can see pick up enough support just above the 1.04 level in order to form a candle the looks...
The USD/CAD pair fell during the session on Wednesday, testing the bottom of the hammer that had been formed on Tuesday. However, most important candle on this chart that we see at the moment is the shooting...
The USD/CAD pair had a back and forth session on Tuesday, essentially ending the day flat. We did managed to break down below the lows from the Monday shooting star, and that more than likely had people...
The US/CAD pair shot straight up during the session on Monday, but as you can see was be back down in order to form a perfect shooting star. Will we find particularly interesting about this shooting star...
USDCAD breaks above 1.0420 previous high resistance, suggesting that the uptrend from 0.9632 (Sep 14, 2012 low) has resumed. Further rise could be expected and next target would be at 1.0600 area.
The USD/CAD pair rose again during the session on Friday, breaking through the 1.04 handle finally. This is been an area that has been very resistive to this market, and as a result we feel that breaking...
