The capitalization of positions of CFE-accountable participants of the CME Group on derivatives for Canadian dollar increased by 1%. The total capitalization of derivative markets for the Canadian Dollar reached $ 25 billion 21 million. The preponderance...
USDCAD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.3339. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...
USDCAD broke below 1.3195 support, suggesting that the upside movement from 1.3068 had completed at 1.3339 already. Deeper decline would likely be seen and next target would be at 1.3100 area. Resistance is at 1.3280, only break...
USDCAD moved sideways in a trading range between 1.3195 and 1.3339. As long as 1.3195 support holds, the price action in the range could be treated as consolidation for the uptrend from 1.3068, further rise towards 1.3450...
USDCAD is facing 1.3195 support, a breakdown below this level would indicate that the upside movement from 1.3068 had completed at 1.3339 already, then another fall towards 1.3100 could be seen. On the upside, as long as...
USDCAD BUY/LONG Trade Setup: USDCAD is forming a bullish inverted Head and Shoulders market breakout pattern. Price has already broke above the neck line which can be a signal that possibly more bulls will be entering LONGS...
USDCAD moved sideways in a trading trading range between 1.3068 and 1.3375. As long as 1.3375 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.3664, another fall towards 1.2900 is still...
USDCAD broke above 1.3329 resistance, suggesting that the upside movement from 1.3068 has resumed. Further rise could be expected in the coming days and next target would be at 1.3450 area. Key support is at 1.3195, only...
USDCAD is now in the downtrend from 1.3329, the bounce from 1.3195 is likely consolidation for the downtrend. Further decline could be expected after the consolidation and next target would be at 1.3100 area. Resistance is at...
USDCAD broke below 1.3230 support, suggesting that the upside movement from 1.3068 had completed at 1.3329 already. Further decline could be expected and next target would be at 1.3100 area. Near term resistance is at 1.3240, above...
