USDCAD Outlook

USD/CAD's break of 1.3220 minor support suggests that whole fall from 1.3534 is likely resuming. Intraday bias is turned back to the downside for 1.3263 and possibly below. Nonetheless, price actions ...
USDCAD Outlook

Intraday bias in USD/CAD is turned neutral as recovery lost moment after hitting 1.3413. On the downside, below 1.330 minor support will extend the corrective fall from 1.3534 through 1.3263. But in t...
USDCAD Outlook

Prior breach of 1.3408 minor resistance argues that rebound from 1.3263 is resuming. Intraday bias is mildly on the upside for 1.3534 resistance. Break will target 1.3598 key resistance next. On the...
USDCAD Outlook

The breach of 1.3408 minor resistance suggests that rebound from 1.3263 is resuming. Intraday bias in USD/CAD is back on the upside for 1.3534 resistance. Break will target 1.3598 key resistance next....
USDCAD Outlook

Intraday bias in USD/CAD remains neutral for the moment as it's bounded in range of 1.3263/3408. On the upside, above 1.3408 will turn bias to the upside for 1.3534. Break will target 1.3598 high nex...
USDCAD Outlook

USD/CAD edged lower to 1.3263 last week and then drew support from 55 day EMA and recovered. Subsequent recovery was relatively weak as it was limited by 1.3408. Overall development is unchanged thoug...
USDCAD Outlook

Intraday bias in USD/CAD stays neutral for the moment. On the upside, above 1.3408 will affirm the case that pull back from 1.3534 has completed. And, intraday bias will be back on the upside for rete...
USDCAD Outlook

USD/CAD's rebound lost momentum after hitting 1.3408. 4 hour MACD crossed below signal line again and it's held by near term trend line too. Intraday bias is turned neutral first. On the upside, above...
USDCAD Outlook

USD/CAD dipped to 1.3263 but quickly recovered. The breach of 1.3377 minor resistance argues that the corrective fall from 1.3534 has completed already. Intraday bias is turned back to the upside for...
USDCAD Outlook

USD/CAD's fall from 1.3534 resumed by taking out 1.3275 and reaches as low as 1.3263 so far. Intraday bias is back on the downside for 1.3211 cluster level (61.8% retracement of 1.3008 to 1.3534 at...
USDCAD Outlook

USD/CAD is staying in tight range above 1.3275 temporary low and intraday bias remains neutral first. Fall from 1.3534 might extend lower. But still, such decline is viewed as a correction pattern. He...
USDCAD Outlook

Intraday bias in USD/CAD remains neutral as it's staying in the consolidation from 1.3275 temporary low. Decline from 1.3534 might extend lower and below 1.3275 will turn bias to the downside. But suc...