USDCAD remains in the uptrend from 1.3159, the price action from 1.3444 could be treated as consolidation for the uptrend. Another rise to test 1.3444 resistance is possible and a breakout could trigger further upside movement towards...
USDCAD failed to breakout of 1.3444 resistance and pulled back to 1.3370. However another rise to test 1.3444 resistance is still possible and a breakout of this level could trigger further upside movement towards 1.3500. Support is...
USDCAD is facing 1.3444 resistance, a break of this level could trigger further upside movement towards 1.3500 area. Support is at 1.3300, a breakdown below this level could bring the price back towards 1.3200 area.
USDCAD broke below 1.3330 support, suggesting that the short term uptrend from 1.3159 had completed at 1.3444 already. Deeper decline is still possible and next target would be at 1.3200 area. Near term resistance is at 1.3350,...
USDCAD extended its upside movement from 1.2782 to as high as 1.3444. 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...
USDCAD extended its upside movement from 1.3159 to as high as 1.3444. Support is at 1.3330, as long as this level holds, the upside movement could be expected to continue and next target would be at 1.3500...
USDCAD has broken above 11/29/2018 high (1.336) as well as above 6/27/2018 high (1.3386) creating incomplete bullish sequence. Short term Elliott Wave view suggests the rally to 1.336 on 11/29 ended Intermediate wave (W) and the pullback...
USDCAD’s upside movement from 1.3159 extended to as high as 1.3400. Further rise is still possible after a minor consolidation and next target would be at 1.3450 area. Near term support is at 1.3330, a breakdown below...
USDCAD broke above 1.3250 resistance, suggesting that the short term downtrend from 1.3359 had completed at 1.3159 already. Further rise could be expected and next target would be at 1.3350 area. Support is at 1.3159, only a...
USDCAD broke below the bottom support trend line of the price channel on the 4-hour chart, suggesting that the upside movement from 1.2782 (Oct 1 low) had completed at 1.3359 already. Further decline could be expected in...
