USDCAD Outlook

Intraday bias in USD/CAD remains on the downside as fall from 1.3793 continues. Current decline should target 1.3222 support next. As noted before, corrective rally from 1.2460 could have finished ah...
USDCAD Outlook

Intraday bias in USD/CAD remains on the downside for the moment. Rise from 1.2968 should be completed at 1.3793, ahead of 1.3838 key fibonacci resistance. Deeper fall would be seen for 1.3222 support ...
USDCAD Outlook

USD/CAD's fall from 1.3793 extended to as low as 1.3507 last week and broke 1.3534 resistance turned support. The development confirmed completion of rise from 1.2968. Initial bias remains on the down...
USDCAD Outlook

No change in USD/CAD's outlook. With 1.3721 minor resistance intact, deeper fall is expected to 1.3534 resistance turned support. Break there should confirm completion of the rise from 1.2968 and targ...
USDCAD Outlook

USD/CAD is losing some downside momentum with 4 hour MACD crossed above signal line. But with 1.3721 minor resistance intact, deeper decline is expected to 1.3534 resistance turned support. Break ther...
USDCAD Outlook

USD/CAD's fall from 1.3793 is still in progress and intraday bias stays cautiously on the downside for 1.3534 resistance turned support. Break there should confirm completion of the rise from 1.2968 a...
USDCAD Outlook

Intraday bias in USD/CAD remains cautiously on the downside for 1.3534 resistance turned support Break there should confirm completion of the rise from 1.2968 and target 1.3222 support next. On the u...
USDCAD Outlook

USD/CAD's fall from 1.3793 resumes by diving to as low as 1.3600 so far. Based on accelerating downside momentum, intraday bias is cautiously on the downside for 1.3534 resistance turned support. Brea...
USDCAD Outlook

USD/CAD dips mildly today but it's staying in tight range below 1.3793. Intraday bias remains neutral for the moment. Outlook is unchanged that choppy rise from 1.2460 is seen as a corrective move. He...
USDCAD Outlook

USD/CAD stayed in consolidation below 1.3793 last week and outlook is unchanged. Initial bias remains neutral this week. We're seeing choppy rise from 1.2460 as a corrective move. Hence, in case of an...
USDCAD Outlook

Intraday bias in USD/CAD remains neutral for the moment. With 1.3534 support intact, further rise cannot be ruled out. However, the choppy rally from 1.2450 is seen as a corrective pattern. Hence, in...
USDCAD Outlook

USD/CAD is trying to draw support from 4 hour 55 EMA and stays well above 1.3534 support. Intraday bias remains neutral and further rise cannot be ruled out yet. But rise from 1.2460 is seen as a cor...