Tag: USDCAD

USDCAD stays in a bullish price channel on the 4-hour chart and remains in the uptrend from 1.3253. As long as the price is in the channel the pullback from 1.3617 could be treated as consolidation for...

USDCAD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 1.3253. 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 1.3529. As long as the prices are above the bullish trend line on the 4-hour chart, the upside movement could be expected to continue and next...

USDCAD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.3253. As long as the trend line support holds, the upside movement could be expected to continue and next target...

USDCAD broke above 1.3444 resistance and extended its upside movement from 1.3159 to as high as 1.3496. Further rise is still possible and next target would be at 1.3550 area. Support is located at the bullish trend...

USDCAD is facing 1.3444 resistance once again, a break of this level could trigger further upside movement towards 1.3500. Near term support is at 1.3365, a breakdown below this level could bring the price back towards 1.3200.

USDCAD moved sideways in a trading range between 1.3253 and 1.3444. The price action in the range is likely consolidation for the uptrend from 1.3159 and further rise towards 1.3500 is still possible. Support is at 1.3300,...

No changed in our view, USDCAD remains in the uptrend from 1.3159, the price action from 1.3444 is likely consolidation for the uptrend. As long as 1.3300 support holds, another rise to test 1.3444 resistance is possible,...