USDCAD broke below 1.2887 support and extended its downside movement from 1.3226 to as low as 1.2884. Further decline could be expected after a minor consolidation and next target would be at 1.2800 area. Near term resistance...
USDCAD extended its downside movement from 1.3226 to as low as 1.2899, facing 1.2887 support. Further decline would likely be seen and next target would be at 1.2800 area. Resistance is at 1.2970, as long as this...
USDCAD broke below 1.2975 support, suggesting that the downside movement from 1.3226 has resumed. Further decline could be expected in the coming days and next target would be at 1.2887 support. Resistance levels are at 1.3000 and...
USDCAD broke above the top trend line of the price channel on the 4-hour chart, suggesting that the downside movement from 1.3226 had completed at 1.2975 already. Further rally is possible in a couple of days and...
USDCAD is facing the resistance of the price channel on the 4-hour chart. As long as the channel resistance holds, the bounce from 1.2975 could be treated as consolidation for the downtrend from 1.3226 and further decline...
USDCAD is now in uptrend from 1.2887, the fall from 1.3226 would possibly be correction for the uptrend. Another rise would likely be seen after the correction and a break of 1.3226 resistance could trigger further upside...
USDCAD extended its downside movement from 1.3226 to as low as 1.2975. Near term resistance is at the top trend line of the price channel on the 4-hour chart, as long as the channel resistance holds, the...
USDCAD dropped sharply to as low as 1.3041. However, as long as 1.3000 support holds, the fall from 1.3226 could be treated as consolidation for the uptrend from 1.2887 and another rise towards 1.3350 is still possible...
USDCAD remains in the uptrend from 1.2887, the pullback from 1.3226 is likely consolidation for the uptrend. Deeper decline is still possible and the target would be at 1.3000. However, as long as 1.3000 support holds, the...
USDCAD is in consolidation for the uptrend from 1.2887. Range trading between 1.3000 and 1.3226 would likely be seen in a couple of days. As long as 1.3000 support holds, the uptrend could be expected to resume...
