USDCAD Outlook

Intraday bias in USD/CAD remains mildly on the upside for the moment. The corrective decline from 1.3534 should have completed already. Further rise would be seen to retest 1.3534 resistance first. Br...
USDCAD Outlook

USD/CAD's strong rally today and break of 1.3413 resistance indicates that corrective fall from 1.3534 has completed already. Intraday bias is turned back to the upside for retesting 1.3534 first. Bre...
USDCAD Outlook

USD/CAD rebounded strongly after defending 1.3263 support but it's held below 1.3413 resistance so far. Intraday bias remains neutral for the moment. Fall from 1.3534 is seen as a correction, no chang...
USDCAD Outlook

Intraday bias in USD/CAD remains neutral for the moment. Outlook is unchanged that fall from 1.3534 is seen as a correction. below 1.3263 will bring deeper fall. But we'd expect strong support from 1...
USDCAD Outlook

USD/CAD weakened mildly last week but recovered ahead of 1.3263 support. The development argues that corrective decline from 1.3534 is noted completed yet. And, another fall could be seen. But in that...
USDCAD Outlook

USD/CAD was supported above 1.3263 and recovered. Intraday bias is turned neutral again. Overall, fall from 1.3534 is seen as a correction. Below 1.3263 will bring deeper decline. But we'd expect stro...
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...