USDCAD Outlook

USD/CAD continued to lose downside momentum last week. But after all, the down trend still extended. Initial bias stays on the downside this week for 1.2460 low. Considering bullish convergence condit...
USDCAD Outlook

With 1.2700 minor resistance intact, intraday bias stays on the downside. Current fall from 1.3793 should extend to retest 1.2460 low. Meanwhile, considering bullish convergence condition in 4 hour M...
USDCAD Outlook

With 1.2700 minor resistance intact, intraday bias stays on the downside. Current fall from 1.3793 should extend to retest 1.2460 low. Meanwhile, considering bullish convergence condition in 4 hour M...
USDCAD Outlook

USD/CAD continues to lose downside momentum as seen in 4 hour MACD. But there is no sign of bottoming yet. Intraday bias stays on the downside. Current decline from 1.3793 should target a test on 1.24...
USDCAD Outlook

USD/CAD lost some downside momentum with 4 hour MACD crossed above signal line. But with 1.2770 minor resistance intact, intraday bias remains on the downside for further fall. Current decline is expe...
USDCAD Outlook

Intraday bias in USD/CAD remains on the downside for the moment. Current decline is expected to target a test on 1.2460 low. On the upside, above 1.2770 minor resistance will turn bias neutral and bri...
USDCAD Outlook

USD/CAD's fall from 1.3793 extended last week to as low as 1.2638. Break of near term falling channel showed further downside acceleration. Initial bias remains on the downside this week for 1.2460 l...
USDCAD Outlook

Intraday bias in USD/CAD remains on the downside. Current fall is expected to extend to retest 1.2460 low. On the upside, break of 1.2938 resistance is needed to indicate short term bottoming. Otherwi...
USDCAD Outlook

USD/CAD's fall from 1.3793 is still in progress and extends to as low as 1.2679 so far. The break of near term channel support indicates downside acceleration. Intraday bias stays on the downside. Cur...
USDCAD Outlook

USD/CAD's decline continues today and reaches as low as 1.2815. Intraday bias remains on the downside. Current decline from 1.3793 is on course to retest 1.2460 low. On the upside, break of 1.2942 res...
USDCAD Outlook

USD/CAD continues to lower downside momentum. But at this point, it's staying below 1.3013 resistance. Thus, deeper fall is expected for 1.2460 low. However, break of 1.3013 will indicate short term ...
USDCAD Outlook

USD/CAD lost some downside momentum with 4 hour MACD crossed above signal line. But with 1.3013 resistance intact, further decline is still expected. Current fall from 1.3793 should extend to retest 1...