Tag: USDCAD

USDCAD consolidated in a range between 1.1818 and 1.2394 for two weeks. Deeper decline towards 1.1600 level would more likely be seen next week, and a break down below 1.1818 will confirm such case.

USDCAD is forming a sideways consolidation in a range between 1.1464 and 1.3015. Deeper decline is still possible to retest 1.1464 previous low support in next several days, and rebound would more likely be seen before breaking...

No changed in our view, USDCAD is forming a sideways consolidation in a range between 1.1464 and 1.3015. Deeper decline is still possible to retest 1.1464 previous low support and rebound would more likely be seen before...

USDCAD drops below 1.2125 support and reach 1.1986 level, suggesting that the pair is back to range treading between 1.1464 and 1.3015. Deeper decline is expected to test 1.1464 level in next several days, and rebound would...

USDCAD fails to test 1.2125 support and rebounds from 1.2158. The pair might be forming a cycle bottom at 1.2158 level on daily chart. Further rise to retest 1.3015 is now in favor. Initial support is at...

USDCAD fails to test the previous high resistance at 1.3015, and pulls back from 1.3005 level. Further fall would more likely be seen to 1.2300 zone next week. However, a break above 1.3015 will signal further rally...

USDCAD is forming a sideways consolidation in a range between 1.1464 and 1.3015. Pullback to 1.1700 zone to reach the next cycle bottom on daily chart is now in favor in next several days, and a break...

USDCAD fails to test 1.3015 resistance and pulls back from 1.2984 level. Deeper decline could be seen to 1.2000 zone. Sideways consolidation in a range between 1.1464 and 1.3015 is expected in next several weeks. Only rise...

USDCAD’s rebound extends to as high as 1.2445 level. Further rally is still possible to 1.2800 zone. However, pullback would more likely be seen before breaking above 1.3015 previous high. Initial support is now at 1.2095, a...

USDCAD rebounds from 1.1464 level. Further rise towards 1.2500 zone could be seen next week. The price action from 1.3015 is treated as consolidation to long term up trend, and trading in a range between 1.1464 and...