Tag: USDCAD

USDCAD breaks above 1.2765 resistance and reaches as high as 1.2933 level. Further rise to test 1.3015 long term key resistance is expected in a couple of days. A break above this level will indicate that the...

USDCAD breaks out of the triangle pattern on daily chart and is testing the 1.2765 resistance. A break above this level will signal further rally to test 1.3015 long term key resistance. Above this level will indicate...

USDCAD has reaches the upper border of the triangle pattern. Pullback would more likely be seen and target would be at 1.1850-900 area. However, a break below 1.2280 level is needed to confirm such case. Initial resistance...

No changed in our view, USDCAD formed a sideways consolidation in a range between 1.1464 and 1.3015 for several months. The price action from 1.3015 is more likely a triangle pattern. Consolidation in a range between 1.1761...

USDCAD formed a sideways consolidation in a range between 1.1464 and 1.3015 for several months. The price action from 1.3015 is more likely a triangle pattern. Consolidation in a range between 1.1761 and 1.2765 is now in...

USDCAD formed a cycle top at 1.2765 level on daily chart. Consolidation in a range between 1.1761 and 1.2765 is now in favor in a couple of weeks. Long term key resistance is located at 1.3015, a...

USDCAD pulled back from 1.2765 and formed a cycle top on daily chart. Further fall could be seen to 1.1900 zone in next several days. Initial resistance is at 1.2765, only rise above this level will signal...

USDCAD continues to move sideways between 1.1761 and 1.3015. Further rise is still possible to 1.2900 next week, and pullback would more likely be seen before breaking above 1.3015 previous high resistance.

USDCAD breaks above 1.2394 resistance, suggesting that a short term uptrend is underway. Further rise is expected to 1.2700 zone, and sideways consolidation in a range between 1.1761 and 1.3015 is expected in next several weeks.

USDCAD remains in range trading between 1.1464 and 1.3015. Further pullback could be seen to 1.1600 level next week. Initial resistance is at 1.2070 and followed by 1.2394, and near term support is at 1.1464 level.