Short term Elliott Wave view in USDCAD shows that the decline from 12/31/2018 high (1.3669) is unfolding as a 5 waves impulse Elliott Wave structure. Down from 1.3669, Wave 1 ended at 1.3563, wave 2 ended at...
USDCAD’s downside movement from 1.3664 extended to as low as 1.3241. Further decline is still possible and next target would be at 1.3200 area. Resistance is at 1.3330, above this level could bring the price back to...
USDCAD extended its downside movement from 1.3664 to as low as 1.3273. Further decline is still possible in a couple of days and next target would be at 1.3200 area. Resistance is at 1.3330, above this level...
USDCAD’s downside movement from 1.3664 extended to as low as 1.3365. Further decline is still possible after a minor consolidation and next target would be at 1.3300 area. Resistance is at 1.3430, above this level could bring...
USDCAD is facing the support of the bullish trend line on the daily chart, a breakdown below the trend line support would indicate that the upside movement from 1.2782 had completed at 1.3664 already, then deeper decline...
USDCAD broke below the bottom of the rising price channel on the 4-hour chart, suggesting that the upside movement from 1.3253 had completed at 1.3664 already. Further decline could be expected and next target would be at...
USDCAD remains in the uptrend from 1.3253. As long as the price is in the bullish price channel on the 4-hour chart, the upside movement could be expected to continue and next target would be at 1.3700...
USDCAD stays in a bullish price channel on the 4-hour chart and remains in the uptrend from 1.3253. As long as the channel support holds, the upside movement could be expected to continue and next target would...
USDCAD stays above a bullish trend line on the daily chart and remains in the uptrend from 1.2782. As long as the trend line support holds, the upside movement could be expected to continue and next target...
USDCAD extended its upside movement from 1.3253 to as high as 1.3660. As long as the price is in the rising price channel on the 4-hour chart, the upside movement could be expected to continue and next...
