USDCAD is facing 1.2916 resistance once again. A breakout of this level will signal resumption of the uptrend from 1.2061, then next target would be at 1.3200 area. Near term support is at 1.2623, a breakdown below...
USDCAD dropped sharply from 1.2892 to as low as 1.2713. Further decline is still possible after consolidation and next target would be at 1.2623 support. Near term resistance is at 1.2815, only break above this level could...
USDCAD broke below 1.2804 support, suggesting that the upside movement from 1.2623 had completed at 1.2892 already. Further decline towards 1.2623 would likely be seen in the coming days. Resistance is at 1.2892, only break above this...
The US dollar has been sideways during the Wednesday session as we await the Federal Reserve statement, but any signs of hawkishness out of the Federal Reserve will more than likely send this pair towards the...
usdcad The US dollar initially fell during the trading session on Tuesday, reaching down towards the 1.28 level underneath, where we have seen buyers. A breakout above the 1.2875 level has happened late in the trading session,...
USDCAD extended its upside movement from 1.2623 to as high as 1.2892. Near term support is at 1.2804. As long as the price is above this level, the upside movement could be expected to continue and further...
The US dollar continues to go sideways against the Canadian dollar, after rallying so hard during the previous week. The market will more than likely continue to tread water over the next couple of sessions, as...
USDCAD is still trading sideways, finding resistance at 1.2900 and bouncing off support at 1.2675 on the latest test. Price is now nearing the top of the range once more and technical indicators are signaling the resistance...
USDCAD continued its upside movement from 1.2623 and the rise extended to as high as 1.2879. Further rise to test 1.2916 resistance is possible in the coming days. A breakout of this level could signal resumption of...
USDCAD continued its sideways movement in a trading range between 1.2623 and 1.2916. As long as 1.2623 support holds, the price action in the range could be treated as consolidation of the uptrend from 1.2061, and a...
