USDCAD extended its downside movement from 1.3124 to as low as 1.2731. Resistance is at 1.2810, as long as this level holds, the downside move could be expected to continue and next target would be at 1.2650...
USDCAD broke below 1.2803 support, suggesting that the upside movement from 1.2248 had completed at 1.3124 already. Further decline would likely be seen over the next several weeks and next target would be at 1.2650, followed by...
USDCAD continued its downside movement from 1.2943 to as low as 1.2744. Further decline is still possible and next target would be at 1.2650 area. Near term resistance at 1.2810, only break above this level could trigger...
USDCAD extended its downside movement from 1.3124 to as low as 1.2756. Further decline is still possible in the coming days and next target would be at 1.2650 area. Resistance levels are at 1.2860 and 1.2948, only...
The US dollar has rolled over a bit against the Canadian dollar after initially trying to rally on Tuesday but found the 1.2925 level to be a bit resistive. We pulled back from there to reach towards...
USDCAD broke below 1.2803 support, suggesting that the downside movement from 1.3124 has resumed. Further decline could be expected in a couple of days and next target would be at 1.2650 area. Resistance levels are at 1.2860...
USDCAD continued its sideways movement in a trading range between 1.2814 and 1.2948. The key resistance is at 1.2948, a breakout of this level would confirm that the downside movement from 1.3124 had completed at 1.2814 already,...
USDCAD is facing 1.2803 support. A breakdown below this level would indicate that the upside movement from 1.2248 had completed at 1.3124 already, then the pair would find next support level at 1.2650, followed by 1.2350. On...
Looking at this market, the first thing that I notice is that the 1.2950 level has been resistance several times. However, the lows are starting to get higher, and that suggests that we are going to go...
USDCAD failed to break above 1.2948 resistance and stays in a trading range between 1.2814 and 1.2948. Another rise to test 1.2948 resistance is possible, a breakout of this level could bring price to 1.3000, followed by...
