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USDCAD Outlook

Intraday bias in USD/CAD remains on the downside as the pull back from 1.3534 could extend lower. We'd expect strong support at 1.3211 cluster level (61.8% retracement at 1.3209) to contain downside a...
USDCAD Outlook

USD/CAD's pull back from 1.3534 accelerates to as low as 1.3282 so far. The strong break of 38.2% retracement of 1.3008 to 1.3534 at 1.3333 indicates deeper decline is underway. We'd expect strong sup...
USDCAD Outlook

USD/CAD is still bounded in consolidation below 1.3534 and intraday bias remains neutral for the moment. Another fall cannot be ruled out as the consolidation extends. But downside should be contained...
USDCAD Outlook

USD/CAD is staying in consolidation from 1.3534 and intraday bias remains neutral first. Deeper retreat cannot be ruled out. But we'd expect downside to be contained by 38.2% retracement of 1.3008 to ...
USDCAD Outlook

Intraday bias in USD/CAD remains neutral for the moment as the consolidation from 1.3534 continues. Deeper retreat could be seen back to 4 hour 55 EMA (now at 1.3391). But downside should be contained...
USDCAD Outlook

USD/CAD's rise from 1.2968 extended last week to high as 1.3534. Subsequent pull back and bearish divergence condition suggests that a short term top could be formed ahead of 1.3598 resistance. Some c...
USDCAD Outlook

Intraday bias in USD/CAD remains on the upside as rise from 1.2968 is still in progress. The pair should target 1.3598 high next. Decisive break there will resume the medium term rally from 1.2460 and...
USDCAD Outlook

USD/CAD's rally continues today and intraday bias remains on the upside for retesting 1.3598 high. Decisive break there will resume the medium term rally from 1.2460 and target next fibonacci level a...
USDCAD Outlook

USD/CAD's break of 1.3436 temporary top indicates resumption of whole rebound from 1.2968. Intraday bias is back on the upside for retesting 1.3598 high. Decisive break there will resume the medium te...
USDCAD Outlook

Intraday bias in USD/CAD remains neutral for the moment as consolidation continues below 1.3436 temporary top. Deeper retreat cannot be ruled out. But we'd expect downside to be contained well above 1...
USDCAD Outlook

USD/CAD is staying in consolidation below 1.3436 temporary top and intraday bias remains neutral first. While deeper retreat cannot be ruled out, downside should be contained well above 1.3209 resista...
USDCAD Outlook

Intraday bias in USD/CAD stays neutral for the moment for consolidation below 1.3436 temporary top. Downside of retreat should be contained well above 1.3209 resistance turned support and bring anothe...