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USDCAD Outlook

USD/CAD's rally extends after brief retreat and drew support from 4 hour 55 EMA. The break of 1.3543 resistance confirms resumption of rise from 1.2968. Intraday bias stays on the upside for 1.3598. F...
USDCAD Outlook

With 1.3456 minor support intact, intraday bias remains mildly on the upside for 1.3534 resistance. Break will target 1.3598 high next. Decisive break there will confirm resumption whole medium term r...
USDCAD Outlook

USD/CAD's strong rally and break of 1.3455 resistance argues that consolidation pattern from 1.3534 is completed at 1.3222 already. Rises from 1.2968 and 1.2460 are likely resuming. Further upside sho...
USDCAD Outlook

Intraday bias in USD/CAD remains mildly on the upside for 1.3399 minor support intact. Rallies from 1.2968 and 1.2460 are possibly resuming. Break of 1.3534 resistance will confirm this bullish case a...
USDCAD Outlook

Intraday bias in USD/CAD remains on the upside for the moment. The break of 1.3455 resistance confirmed that consolidation from 1.3534 has completed with three waves down to 1.3222. And the rises fro...
USDCAD Outlook

USD/CAD's rise from 1.3222 continues and reaches as high as 1.3421 so far. Intraday bias remains on the upside for 1.3455 resistance. As noted before, correction from 1.3534 is likely finished with th...
USDCAD Outlook

Intraday bias in USD/CAD remains mildly on the upside for the moment. As noted before, correction from 1.3534 is likely finished with three waves down to 1.3222. Further rise should be seen to 1.3455 ...
USDCAD Outlook

USD/CAD dipped to as low as 1.3222 last week but recovered strongly since then. The is no change in the view that price actions from 1.3534 are forming a consolidation pattern. Therefore, rise from 1....
USDCAD Outlook

USD/CAD's fall extends to as low as 1.3225 so far and intraday bias remains on the downside. Firm break of 1.3263 support confirms resumption of whole fall from 1.3534. At this point, such decline is ...
USDCAD Outlook

USD/CAD's fall accelerates in early US session and reaches as low as 1.3270 so far. Intraday bias remains on the downside for 1.3263 support. Break there will confirm resumption of whole decline from ...
USDCAD Outlook

Intraday bias in USD/CAD remains on the downside for the moment. Corrective fall from 1.3534 is resuming and break of 1.3263 will confirm. In that case, we'd expect strong support from 1.3184 cluster...
USDCAD Outlook

Intraday bias in USD/CAD is back on the downside after taking out 1.3341 minor support. Correction fall from 1.3534 is resuming for 1.3263 and below. In that case, we'd expect strong support from 1.3...