USDCAD broke above 1.0925 resistance, suggesting that a cycle bottom has been formed at 1.0590 level on daily chart. Further rise towards 1.1124 resistance is now in favor, a break above this level will signal further rise...
USDCAD broke below 1.0632 previous low support, suggesting that a cycle top has been formed at 1.1101 level on daily chart. The pair is now in downtrend and deeper decline is expected to 1.0500 zone next week....
No changed in our view, USDCAD remains in range trading between 1.0632 and 1.1124. Another rise towards the upper border of the price channel to reach next cycle top on daily chart is still in favor, and...
USDCAD consolidated in a range between 1.0632 and 1.1124. Another rise towards the upper border of the price channel to reach next cycle top on daily chart would more likely be seen, and a break above 1.1124...
USDCAD traded in a range between 1.0632 and 1.1124 for several weeks. Move towards the upper border of the price channel on daily chart to reach next cycle top on daily chart would more likely be seen,...
USDCAD formed a cycle bottom at 1.0632 level on daily chart and is now in uptrend. The fall from 1.1124 is treated as consolidation of uptrend. As long as 1.0632 support holds, we’d expect uptrend to resume...
USDCAD has formed a cycle bottom at 1.0632 level on daily chart. Further rise towards the upper border of the price channel is expected in a couple of weeks. Near term support is at 1.0632, only fall...
USDCAD breaks above 1.0933 key resistance, suggesting that a cycle bottom has been formed at 1.0632 level on daily chart. The pair is now in uptrend and further rise to 1.1550-1.1600 area is expected. Near term support...
USDCAD remains in downtrend from 1.1723 and deeper decline is possible to 1.0400-1.0500 area. Key resistance is now at 1.0933, a break above this level will indicate that a cycle bottom has been formed at 1.0632 on...
USDCAD breaks below 1.0784 previous low. Deeper decline is still in favor and next target would be at 1.0400-1.0500 area. Near term resistance is at 1.0950, and key resistance is at 1.1113, only rise above this level...
