USDCAD’s downside movement from 1.3374 extended to as low as 1.3118. Further decline is still possible after a minor consolidation and next target would be at 1.3000 area. Resistance is at the bearish trend line on the...
USDCAD remains in the downtrend from 1.3374, the bounce from 1.3202 is likely consolidation for the downtrend. Another fall could be expected after the consolidation, a breakdown below 1.3200 support could trigger another fall towards 1.3100. Resistance...
Being contained by 1.3179 support, USDCAD rebounded from 1.3202. However, the bounce is likely correction for the downtrend from 1.3374, another fall towards 1.3100 could be expected after the correction. Resistance is at 1.3300, only break above...
USDCAD broke below the rising price channel on the 4-hour chart, suggesting that the upside movement from 1.3179 had completed at 1.3374 already. Deeper decline could be expected after a minor consolidation and next target would be...
USDCAD remains in the downtrend from 1.3664. Further decline could be expected after consolidation and next target would be at 1.3000 area. Resistance is at 1.3375, only break above this level could signal completion of the downtrend.
USDCAD’s upside movement from 1.3179 extended to as high as 1.3374. As long as the price is in the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next target...
USDCAD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.3179. As long as the price is in the channel, the upside movement could be expected to continue and next...
USDCAD broke above 1.3322 resistance, suggesting that lengthier correction for the downtrend from 1.3664 is needed. Further rally could be expected and next target would be at 1.3400 area. Support is located at the bottom of the...
USDCAD is facing 1.3322 resistance once again, a break of this level could take the price to next resistance level at 1.3400. Support is at 1.3179, below this level would indicate that the downtrend has resumed, then...
USDCAD moved sideways in a trading range between 1.3179 and 1.3322. The sideways movement is likely consolidation for the downtrend from 1.3664. As long as 1.3322 resistance holds, the downtrend could be expected to resume and further...
