Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.1900, 1.1800, 1.1700 USD/CAD Price Long-term Trend: RangingUSD/CAD is in a range-bound move since May 10. The currency pair has rebounded to break above the 21-day SMA. The pair will resume an uptrend if price breaks above the 50-day SMA. The market is presently fluctuating between levels […]
USD/CAD extends its range movement ahead of the US inflation data. Surprisingly or not, the pair has rallied after the BOC and now is almost approaching critical resistance levels. First of all, the ECB could bring some action on the USD soon. The monetary policy could be left unchanged in today’s meeting. USD/CAD could register […]
USD / CAD beweeg op kort termyn sywaarts en wag op 'n bullish vonk om 'n nuwe been hoër te kan ontwikkel. Tegnies het die paar oorverkoopte tekens getoon, maar dit is nog voortydig om lank hiervandaan te gaan. Die VSA het sterk steun van die Amerikaanse ekonomie nodig om te begin toeneem teenoor sy teenstanders. Die VSA […]
Belangrikste weerstandsvlakke: 1.4200, 1.4400, 1.4600 Belangrike ondersteuningsvlakke: 1.1900, 1.1800, 1.1700 USD / CAD Prys Langtermyn-neiging: wissel USD / CAD is in 'n afwaartse beweging. Sedert 10 Mei is die verslechtering neiging beëindig, aangesien die geldeenheidspaar 'n reeksbeweging hervat. Die afgelope maand wissel die geldeenheidspaar tussen vlakke 1.2000 en 1.2200. Hierdie reeksgebonde vlakke [...]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.1900, 1.1800, 1.1700 USD/CAD Price Long-term Trend: BearishUSD/CAD is presently rising on the upside. Since May 10, the pair has been fluctuating between levels 1.2050 and 1.2200. Today the upward move is facing resistance at the 21-day SMA. On the upside, if price breaks above the moving […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.1900, 1.1800, 1.1700 USD/CAD Price Long-term Trend: BearishUSD/CAD has continued to fall after rejection at level 1.2300. The market has declined to the low of level 1.2096. Further downside is expected. On the daily chart, a retraced candle body tested the 38.2% Fibonacci retracement level. The retracement […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 USD/CAD Price Long-term Trend: BearishUSD/CAD has continued its downward move as the market dropped to 1.2280 and resumed consolidation above the current support. Meanwhile, on March 19 downtrend, a retraced candle body tested the 38.2% Fibonacci retracement level. The retracement indicates that the market […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 USD/CAD Price Long-term Trend: BearishFor the past 48 hours, the USD/CAD pair slumped to the low of 1.2384. This was the previous low of March 17. On March 17 price action; the bears push the currency price to the historical price level as bulls […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 USD/CAD Price Long-term Trend: BearishUSD/CAD pair is in a bullish moventum for the past three days. The currency pair has been rising on the upside. Buyers have broken above the moving averages. However, the uptrend is facing resistance at level 1.2600. The implication is […]
