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 ...
USDCAD Outlook

Break of 1.3164 support indicates resumption of fall from 1.3793. Intraday bias in USD/CAD is turned back to the downside for 1.2968 cluster support, 61.8% retracement of 1.2460 to 1.3793 at 1.2969. ...
USDCAD Outlook

USD/CAD's consolidation from 1.3614 is still unfolding and intraday bias stays neutral. In case of another recovery, upside should be limited by 1.3387 support turned resistance to bring fall resumpti...
USDCAD Outlook

Intraday bias in USD/CAD remains neutral at this point as consolidation from 1.3164 continues. While the consolidation might extend, upside of recovery should be limited by 1.3387 support turned resis...
USDCAD Outlook

USD/CAD stayed in consolidation above 1.3164 last week and outlook is unchanged. Initial bias remains neutral this week first. Upside of recovery should be limited by 1.3387 support turned resistance ...
USDCAD Outlook

USD/CAD is still staying above 1.3164 and intraday bias remains neutral at this point. Consolidation from 1.3164 might extend but upside should be limited by 1.3387 support turned resistance and brin...
USDCAD Outlook

USD/CAD drops sharply in early US session but it's staying above 1.3164. Intraday bias remains neutral first. Consolidation from 1.3164 might extend but upside should be limited by 1.3387 support turn...
USDCAD Outlook

USD/CAD's corrective rise from 1.3164 is still in progress. But it's kept below 1.3387 support turned resistance. Intraday bias remains neutral with bearish outlook. We're holding on to the view that ...
USDCAD Outlook

Intraday bias in USD/CAD remains neutral as consolidation from 1.3164 continues. Another recovery could be seen. But upside should be limited by 1.3387 support turned resistance and bring fall resumpt...