USDCAD failed to break above 1.3224 resistance and stays in a trading range between 1.3063 and 1.3224. However, another rise to test 1.3224 resistance is still possible and a breakout of this level could trigger further upside...
USDCAD is facing 1.3224 resistance. A break of this level could take the price to 1.3350 area. Support is at 1.3130, only a breakdown below this level could trigger another fall towards 1.2950.
USDCAD broke above the bearish trend line on the 4-hour chart, suggesting that the downside movement from 1.3385 had completed at 1.3065 already. Further rally is still possible in the coming days and next target would be...
USDCAD stays below a falling trend line on its 4-hour chart and remains in the downtrend from 1.3385. As long as the price is below the trend line, the bounce from 1.3065 could be treated as consolidation...
USDCAD’s downside movement from 1.3385 extended to as low as 1.3076. Further decline is still possible after a minor consolidation and next target would be at 1.2950 area. Resistance is now at 1.3150, only break above this...
USDCAD’s fall from 1.3385 extended to as low as 1.3076. Further decline is still possible in a couple of weeks and next target would be at 1.2850 area, followed by the bottom support trend line of the...
USDCAD remains in the downtrend from 1.3385, the price action from 1.3129 is likely consolidation for the downtrend. As long as 1.3224 resistance holds, the downtrend could be expected to resume and further decline towards 1.2950 area...
USDCAD remains in the downtrend from 1.3385. As long as 1.3224 resistance holds, the downside movement could be expected to continue and next target would be at 1.2950, followed by 1.2860. Only a breakout of 1.3224 resistance...
USDCAD broke below 1.3129 support, suggesting that the downside movement from 1.3385 has resumed. Further decline could be expected in the coming days and next target would be at 1.2860 area. Resistance is at 1.3225, only a...
USDCAD remains in the downtrend from 1.3385, the bounce from 1.3129 is likely consolidation for the downtrend. Resistance is at 1.3260, as long as this level holds, the downtrend could be expected to continue and a breakdown...
