Tag: USDCAD

The USD/CAD pair fell rather significantly during the session on Wednesday, and managed to close at the very lows of the daily range. However, we still see the 1.03 level as very supportive, and that this market...

USD/CAD’s uptrend is still very strong as the rising channel on its shorter-term time frame is still holding. The pair recently found support at the bottom, which is near 1.0350, and bounced right back up when the...

The USD/CAD pair rose during the session on Monday, but it must be stated that the Memorial Day holiday was being celebrated in the United States, and since most of the trading in this marketplace takes place...

The USD/CAD pair went back and forth on Friday, and formed a shooting star in the end. However, we are sitting just above the 1.03 support level, and as a result we may not get the bearish...

The USD/CAD currency pair fell during the session on Thursday, testing the 1.03 level for support. Although we close the very bottom of the candle, it must be said that the market did stop at that general...

The USD/CAD pair rose during the session in reaction to an overall US dollar rally. The Federal Reserve Chairman spoke in front of Congress during the day suggesting that monetary policy could be changing relatively soon.

The USD/CAD pair rallied during the session on Tuesday, breaking above the 1.03 level yet again. However, the level offers enough resistance that the market is struggling with the area.

The dollar seems to have retreated from its rallies at the start of this week, as traders may have booked profits off key inflection points for the major pairs. USD/CAD, in particular, has found resistance at the...

The USD/CAD pair fell during the session on Monday, as the 1.03 level offered resistance again. The candle does look rather negative, but it did not wipe out the gains from the Friday session, meaning that we...