Tag: USDCAD

USDCAD remains in the downtrend from 1.3289. Further decline would likely be seen after a corrective consolidation and next target would be at 1.2900 area. Resistance is at 1.3220, only a break of this level could trigger...

USDCAD is now in the downtrend from 1.3289, the bounce from 1.3114 is likely consolidation for the downtrend. Further decline is possible after the consolidation and next target would be at 1.2900 area. Resistance is at 1.3220,...

USDCAD broke below the bottom support trend line of the price channel on the 4-hour chart, suggesting that the upside movement from 1.3063 had completed at 1.3289 already. Further decline to test 1.3063 support is possible in...

USDCAD extended its upside movement from 1.3063 to as high as 1.3289. 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 1.3063 to as high as 1.3259. Support is located at the bottom trend line of the price channel on the 4-hour chart. As long as the channel support holds, the upside...

USDCAD is facing 1.3224 resistance, a breakout of this level could take the price to 1.3300 area. Support is at 1.3150, only a breakdown below this level could take the price to test 1.3063 support. Below here...

USDCAD failed to breakout of 1.3224 resistance and pulled back to 1.3100 area. Further decline to test 1.3063 support would likely be seen and a breakdown below this level could take the price to 1.2900 area. Only...

USDCAD failed to break above 1.3224 resistance once again. However, another rise to test this resistance is still possible and a breakout this level could trigger further upside movement towards 1.3350. Support is at 1.3130, below this...