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...
USDCAD Outlook

Intraday bias in USD/CAD is neutral for the moment but overall outlook is unchanged. Corrective fall from 1.3534 is not completed yet. Below 1.3341 will turn bias to the downside to 1.3263 and below. ...
USDCAD Outlook

Despite jumping to 1.3455 last week, subsequent sharp fall in USD/CAD argues that the corrective fall from 1.3534 is not completed yet. That is, such decline is in favor to extend through 1.3263 befor...
USDCAD Outlook

USD/CAD's sharp fall and break of 1.3373 minor support suggests that recovery from 1.3263 has completed with three waves up to 1.3455. The corrective structure in turns indicates that decline from 1.3...
USDCAD Outlook

With 1.3373 minor support intact, further rise is mildly in favor in USD/CAD. Break of 1.3534 resistance will extend whole rise from 1.2698 to 1.3598 resistance. On the downside, below 1.3373 minor su...
USDCAD Outlook

With 1.3373 minor support intact, intraday bias in USD/CAD remains on the upside for 1.3534 resistance. Break will extend whole rise from 1.2698 to 1.3598 resistance. On the downside, below 1.3373 min...