USDCAD broke below 1.2700 support and extended its downside movement from 1.2916 to as low as 1.2666, facing the support of the bullish trend line on the daily chart. Near term resistance is at the...
Type: Posts; User: forexcycle
USDCAD broke below 1.2700 support and extended its downside movement from 1.2916 to as low as 1.2666, facing the support of the bullish trend line on the daily chart. Near term resistance is at the...
USDCAD failed to breakout of 1.2916 resistance and pulled back to break below a bullish trend line on the 4-hour chart, suggesting that lengthier consolidation for the uptrend from 1.2433 is...
USDCAD extended its short term downtrend from 1.2778 to as low as 1.2444, facing the previous low support at 1.2413. A breakdown below this level could signal resumption of the downtrend from 1.3793...
USDCAD’s short term downtrend from 1.2778 extended to as low as 1.2505. As long as the price is in the falling price channel on the 4-hour chart, the downtrend could be expected to continue and...
USDCAD broke above 1.2575 resistance, indicating that the downtrend from 1.3347 had completed at 1.2413 already. Further rally could be expected in a couple of days and next target would be at around...
USDCAD’s bearish movement from 1.3347 extended to as low as 1.2483, facing the import support at 1.2460 (May 2016 low). Near term resistance is at the falling trend line on the 4-hour chart. As long...
USDCAD remains in the downtrend from 1.3347, the bounce from 1.2540 could be treated as consolidation of the downtrend. Near term resistance is at the downward trend line on its 4-hour chart. As long...
USDCAD remains in downtrend from 1.3347, the bounce from 1.2859 could be treated as consolidation of the downtrend. Near term resistance is at the top trend line of the price channel on its 4-hour...
USDCAD continued its downward movement from 1.3347 and the fall extended to as low as 1.2971, facing the important support level of 1.2968 (Jan 31 low). Near term resistance is at 1.3045, as long as...
After touching 1.3540 resistance, USDCAD pulled back to 1.3480, indicating that the pair remains in downtrend from 1.3793 and the bounce from 1.3387 could be treated as consolidation of the...
USDCAD remains in downtrend from 1.3793, the rise from 1.3387 is likely consolidation of the downtrend. Near term resistance is at the top trend line of the price channel on the 4-hour chart. As long...
USDCAD stays in a rising price channel on 4-hour chart and remains in uptrend from 1.3223. As long as the pair is in the channel, the fall from 1.3647 could be treated as consolidation of the...