The US dollar has fallen against the Canadian dollar over the last several sessions, and we are now at lower levels than we had been in the past. However, I think that breaking below the 1.27...
After touching 1.2916 resistance, USDCAD pulled back from 1.2920 and continued its sideways movement above 1.2623 key support. As long as 1.2623 support holds, the sideways movement could be treated as consolidation of the uptrend from 1.2061,...
USDCAD dropped sharply from 1.2920 to as low as 1.2699, breaking below 1.2713 support. Further decline is still possible after a minor consolidation and next target would be at 1.2623 support. Below this level could bring price...
usdcad The US dollar pulled back a bit during the trading session on Wednesday, but seems to be finding support near the 1.2850 level, an area that I think will continue to be important, but I think...
USDCAD once again bounced off the top of its range on the 4-hour time frame and could be due for a move back down to support at 1.2675. Stochastic is heading south to show that sellers are...
USDCAD broke below 1.2835 support, indicating that the short term uptrend from 1.2623 had completed at 1.2920 already. Deeper decline towards 1.2713 support could be expected in the coming days. A breakdown below this level could trigger...
USDCAD pulled back from 1.2920 after touching 1.2916 (Oct 27 high) resistance. Near term support is at 1.2835, a breakdown below this level will indicate that lengthier sideways movement in the trading range between 1.2623 and 1.2920...
The US dollar went back and forth during the trading session on Monday, as the Canadian dollar continues to be somewhat range bound and the 1.2850 level later in the day. The explosive moved to the...
USDCAD is testing 1.2916 (Oct 27 high) resistance. A breakout above this level could take price to 1.3100 area. Support is at 1.2800, below this level could bring price back towards 1.2713 support. A breakdown below this...
USDCAD is facing 1.2916 resistance once again. A breakout of this level could trigger further upside movement towards 1.3100. Near term support is at 1.2800, a breakdown below this level could bring price back to next support...
