USDCAD remains in the downtrend from 1.3664, the bounce from 1.3179 is likely consolidation for the downtrend. Another fall could be expected after the consolidation and next target would be at 1.3000 area. Near term resistance is...
USDCAD failed to break above 1.3322 resistance and stays in a trading range between 1.3179 and 1.3322. As long as 1.3322 resistance holds, the price action in the trading range could be treated as consolidation for the...
USDCAD continued its sideways movement in the trading range between 1.3179 and 1.3322. As long as 1.3322 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.3664, and further decline to 1.3100...
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, another fall towards 1.3100 is still possible after the consolidation. Key resistance is at 1.3400,...
USDCAD is in consolidation for the downtrend from 1.3664. Range trading between 1.3179 and 1.3400 would likely be seen in a couple of days. As long as 1.3400 resistance holds, the downtrend could be expected to resume,...
Cash investments among major participants of the CME Group on derivatives trading for the Canadian dollar increased by 18%. The total capitalization of investments in dollars amounted to $ 31 billion 182 million. The predominance of bulls...
USDCAD’s bounce from 1.3179 extended to as high as 1.3278. Further rally is still possible and the target would be at 1.3322 resistance. As long as 1.3322 resistance holds, the bounce could be treated as consolidation for...
USDCAD extended its downside movement from 1.3664 to 1.3180 area, breaking below the bullish support trend line on the daily chart, indicating that the upside movement from 1.2782 had completed at 1.3664 already. Further decline would likely...
USDCAD is in consolidation for the downtrend from 1.3664. Range trading between 1.3179 and 1.3322 would likely be seen in a couple of days. As long as 1.3322 resistance holds, the downtrend could be expected to resume...
USDCAD continued its downside movement from 1.3664 and the fall extended to as low as 1.3179. Further decline is still possible and next target would be at 1.3100 area. Near term resistance is at 1.3250, above this...
