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...
USDCAD Outlook

Intraday bias in USD/CAD remains on the downside for the moment. Current decline from 1.3793 should target a test on 1.2460 low next. On the upside, break of 1.3013 resistance is needed to signal sho...
USDCAD Outlook

USD/CAD' fall continued last week and reached as low as 1.2858. Initial bias remains on the downside this week. Current decline from 1.3793 should target a test on 1.2460 low next. On the upside, brea...
USDCAD Outlook

Intraday bias in USD/CAD remains neutral for the moment. Considering bullish convergence condition in 4 hour MACD, break of 1.3013 will indicate short term bottoming. In such case, stronger rebound wo...
USDCAD Outlook

A temporary top is in place at 1.2911 after touching 1.3013 minor resistance. Intraday bias in USD/CAD is turned neutral first. Considering bullish convergence condition in 4 hour MACD, break of 1.301...
USDCAD Outlook

USD/CAD edges lower to 1.2911 as recent decline continues. Intraday bias stays on the downside. Sustained trading below 1.2968 cluster support, 61.8% retracement of 1.2460 to 1.3793 at 1.2969 will ...
USDCAD Outlook

No change in USD/CAD's outlook as it's gyrating in tight range around 1.3 cluster support. With 1.3045 minor resistance intact, further decline is expected. Sustained trading below 1.2968 cluster su...
USDCAD Outlook

With 1.3045 minor support intact, further decline is still expected in USD/CAD. Sustained trading below 1.2968 cluster support, 61.8% retracement of 1.2460 to 1.3793 at 1.2969 will pave the way to re...
USDCAD Outlook

USD/CAD's decline accelerated last week to as low as 1.2945. 1.2968 cluster support, 61.8% retracement of 1.2460 to 1.3793 at 1.2969 was already met but there is no clear sign of bottoming yet. Initia...
USDCAD Outlook

USD/CAD fall continues and reaches as low as 1.2971 so far, just inch above 1.2968 cluster support, 61.8% retracement of 1.2460 to 1.3793 at 1.2969. There is no sign of bottoming yet and intraday bias...
USDCAD Outlook

USD/CAD's decline extends to as low as 1.3005 so far. Intraday bias remains on the downside for 1.2968 cluster support, 61.8% retracement of 1.2460 to 1.3793 at 1.2969. Decisive break there will confi...
USDCAD Outlook

USD/CAD's fall extends to as low as 1.3075 so far today. Intraday bias remains on the downside for 1.2968 cluster support, 61.8% retracement of 1.2460 to 1.3793 at 1.2969. Decisive break there will ...