USDCAD remains in the downtrend from 1.2997, the bounce from 1.2728 is likely correction for the downtrend. Another fall could be expected after the correction and a breakdown below 1.2728 support could trigger further downside movement towards...
USDCAD is now in the downtrend from 1.2997, the bounce from 1.2728 is likely consolidation for the downtrend. Range trading between 1.2728 and 1.2850 would likely be seen in a couple of days. The downtrend could be...
USDCAD failed to breakout of 1.3124 resistance and pulled back from 1.2997. Further decline would likely be seen over the next several weeks and the target would be at the bottom support trend line of the price...
USDCAD broke below 1.2803 support, suggesting that the upside movement from 1.2526 had completed at 1.2997 already. Further decline could be expected after a corrective consolidation and next target would be at 1.2600 area. Resistance levels are...
USDCAD dropped sharply from 1.2997, breaking below 1.2870 support. Deeper decline to test 1.2803 support could be expected, a breakdown below this level would confirm that the upside movement from 1.2526 had completed at 1.2997 already, then...
USDCAD broke above 1.2917 resistance and extended its upside movement from 1.2526 to as high as 1.2997. Further rise is still possible after a minor consolidation and next target would be at 1.3050 area. Near term support...
USDCAD is facing 1.2917 resistance, a breakout of this level could signal resumption of the uptrend from 1.2526, then next target would be at 1.3000 area. Key support is at 1.2803, only a breakdown below this level...
USDCAD moved sideways in a trading range between 1.2803 and 1.2917. The price action in the range is likely consolidation for the uptrend from 1.2526. As long as 1.2803 support holds, the uptrend could be expected to...
USDCAD’s bounce from 1.2526 extended to as high as 1.2917. Further rise is still possible in the coming days and next target would be at 1.3100 area. Near term support is at 1.2785, a breakdown below this...
USDCAD stays in a trading range between 1.2803 and 1.2913. As long as 1.2803 support holds, the price action in the range could be treated as consolidation for the uptrend from 1.2526 and a breakout of 1.2913...
