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 downward move has reached bearish exhaustion as the market resumed upward move. Since July 20, the currency pair has been in a downward move as price fell to level 1.2525 and pulled back. Meanwhile, on July 19 uptrend; a […]
Key Resistance: 1.2550 Key Support: 1.2500 – 1.2450 The USDCAD rallied yesterday on the Bank of Canada monetary report and rate decision to keep it at 0.25% and continue its asset purchasing program. This is bearish for the currency and the reason the USDCAD rallied. In the long term, the USDCAD has dipped more than […]
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 in an upward move. Since March, the currency pair has been battling to break the resistance at level 1.2600. The uptrend will resume if the resistance level is breached. The sideways trend will continue if the resistance remains […]
ഒരു ചെറിയ ചാർട്ട് പാറ്റേണിൽ നിന്ന് രക്ഷപ്പെട്ടതിന് ശേഷം യുഎസ്ഡി / സിഎഡി ഒരു ബുള്ളിഷ് ബയസ് നിലനിർത്തുന്നു. കൂടാതെ, ശക്തമായ വാങ്ങലുകാരെ സൂചിപ്പിക്കുന്ന ദൈനംദിന പിവറ്റ് പോയിന്റിന് (1.2498) മുകളിൽ നിൽക്കാൻ ഇതിന് കഴിഞ്ഞു. യുഎസ് റിപ്പോർട്ട് ചെയ്ത ഉയർന്ന പണപ്പെരുപ്പം ഇന്നലത്തെ സെഷനിൽ ഗ്രീൻബാക്ക് ഉയർത്തി. ഹ്രസ്വകാലത്തേക്ക് യുഎസ്ഡി / സിഎഡി കുറഞ്ഞു, പക്ഷേ പക്ഷപാതം ബുള്ളിഷ് ആയി തുടരുന്നു. നിങ്ങൾ തീർച്ചയായും […]
Key Support: 1.2450 Key Resistance: 1.2515 – 1.255 The USDCAD has rallied 4.88% from the June 1st lows. That about a 585 pip move from low to high. After hitting those highs around 1.2590 on July 8th we´ve seen a -1.17% pullback (-147.5 pips) right to the previous broken key level. This level confluence with […]
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 resumed an upward move after reaching the low of 1.2300. The currency pair has broken the previous resistance at level 1.2450 as the pair approaches the target price of 1.2750. Meanwhile, on June 18 uptrend; a retraced candle […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.1900, 1.1800, 1.1700 USD/CAD Price Long-term Trend: BearishSince June 21, the USD/CAD upward move has been interrupted. The currency pair is facing rejection at the 1.2500 resistance level. The market is declining on the downside. If price breaks below the moving averages, it will accelerate the downward […]
Key Resistance: 1.2500 Key Support: 1.2350 – 1.2300 – 1.2200 After last week’s big rally the USDCAD hit a big key level, the previous broken base at the 1.2500 level. This level is key because it held as support for more than 1 month (Feb. 25 – April 26) before the bearish move continued. This […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.1900, 1.1800, 1.1700 USD/CAD Price Long-term Trend: BullishUSD/CAD has resumed upward move. The currency pair has broken above the moving averages. The market will continue to rise as long as the price bars are above the moving averages. In the previous price action, the market was fluctuating […]
