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 […]
Heerarka iska caabinta Muhiimka ah: 1.4200, 1.4400, 1.4600 Heerarka Taageerada Furaha: 1.1900, 1.1800, 1.1700 USD/CAD Qiimaha Muddada dheer Isbeddelka: BearishUSD/CAD waxay ku jirtaa horumar sare. Tan iyo bishii Maarso, lammaanaha lacagta ayaa la dagaallamayay si ay u jebiyaan iska caabbinta heerka 1.2600. Kor u kaca ayaa dib u bilaaban doona haddii heerka iska caabinta la jebiyo. Isbeddellada dhinacyadu way sii socon doonaan haddii iska caabintu ay sii jirto […]
USD / CAD waxay ilaalinaysaa eexasho ba'an ka dib markii ay ka baxsatay qaab jaantus yar. Sidoo kale, waxay ku guuleysatay inay ka sarreyso barta muhiimka ah ee maalinlaha ah (1.2498) oo muujinaysa iibsadayaal xoog leh. Sicir barar sare oo ay soo tebisay Mareykanku wuxuu sare uqaaday dib u celinta cagaaran ee fadhigii shalay. USD / CAD ayaa hoos udhacay mudada gaaban, laakiin eexashadu wali wey kacsan tahay. Waa inaad noqotaa […]
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 […]
