USDCAD Analysis – September 7 USDCAD buyers are poised to exit the market towards the supply zone at 1.3220. The two major levels, 1.2520 and 1.2900, had been rejecting the price to the upside and downside, respectively, until the price finally broke through the previous resistance at 1.2900 to the upside. Initially, an impression of […]
USDCAD Analysis – August 31 USDCAD bears finally led the market towards a resistance level of 1.3080. The year 2022 has been clumsy, with a barely noticeable upward movement. The 1.2460 support level has been a strong level since the beginning of the year. The market resumes its trend to the upside in the first […]
Key Highlights Solana revisits its previous low at $30SOL/USD resumes downtrend Solana ( SOL) Current StatisticsThe current price:$31.64Market Capitalization: $16,186,270,863Trading Volume: $808,021,277Major supply zones: $50, $70, $90Major demand zones: $40, $20, $10 Solana (Sol) Price Analysis August 31, 2022 Solana’s (SOL) price is in a downtrend as it retests its previous low at $30. The […]
USDCAD Analysis – August 17 USDCAD market continues to respect the upward trendline as it moves downward to hit the trendline. On the daily timeframe, the current market order flow, which began on May 18, 2021, remains bullish. Before the upward movement, the market retested and broke the previous support level of 1.2950 on the […]
USDCAD Analysis – August 10 USDCAD market shows signs of the trend change after hitting the supply zone at 1.3230 on the 14th of July, 2022. The overall market order flow has been bullish since June 1, 2021. The bullish market trend was a result of the market rejection at the demand zone of 1.2000. […]
USDCAD Analysis – August 3 USDCAD market order flow remains bullish. The daily timeframe chart appears bullish due to the higher highs and higher lows in formation. The bullish order flow began on the 1st of June, 2021. Till August 20th, 2021, the upward movement of prices was so steep, indicating the high momentum of […]
USDCAD Analysis – July 27 USDCAD resumes the market trend in a downward direction after consolidating within the Bollinger Bands (BB) of the daily timeframe. After the supply zone of 1.4700 was reached, the market experienced a downtrend throughout 2020. The market has been descending through a creek until May 18th, 2021. The market is […]
USDCAD Analysis – July 19 USDCAD continues market trend in an upward direction. After breaking the 1.3220 level on November 2nd, 2022, the market entered a downtrend for the first half of the year. Following the market crash, USDCAD rallied from its one-year low and broke the previous resistance level of 1.2520 on July 8th, […]
USDCAD Analysis – June 30 USDCAD keeps ranging between its six-month high (1.3000) and its six-month low (1.2500). Until May 31st, 2021, the USDCAD market had been in a bearish move, forming lower highs and lower lows. Between May 2021 and December 2021, the USDCAD was forming higher highs and higher lows, indicating that the […]
