• USDCAD broke support area • Likely to fall to support level 1.2200 USDCAD currency pair recently broke the support area lying between the key support level 1.2365 (former monthly low from the middle of…
USDCAD Technical Analysis Report 9 March, 2021
• USDCAD reversed from resistance level 1.2730 • Likely to reach support level 1.2500 USDCAD currency pair recently reversed down once again from the key, multi-day resistance level 1.2730 (which has been reversing the price…
USDCAD Technical Analysis Report 16 February, 2021
• USDCAD reversed from support area • Likely to rise to resistance level 1.2765 USDCAD currency pair earlier reversed up from the support area lying between the key support level 1.2630 (which has been steadily…
USDCAD Technical Analysis Report 2254 November, 2020
USDCAD reversed from multi-month support level 1.2980 Likely to rise to 1.3100 USDCAD today reversed up from the support area lying between powerful, multi-month support level 1.2980 (which has been reversing the price from the…
Ichimoku Cloud Analysis for Thursday, September 17th
EURUSD, “Euro vs US Dollar” EURUSD is trading at 1.1764; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at…
Japanese Candlesticks Analysis 02.09.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD, “US Dollar vs Canadian Dollar” On H4, the pair tested the lower border of the channel and formed an Engulfing pattern. Currently, regardless of the downtrend being so pronounced, the quotations keep working off…
Ichimoku Cloud Analysis 24.08.2020 (EURUSD, USDCAD, XAUUSD)
EURUSD, “Euro vs US Dollar” EURUSD is trading at 1.1801; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s upside border…
USD/CAD: The Pair is Trading with Clear Positive…
[caption id="attachment_369529" align="alignnone" width="610"] USD/CAD Hourly (H1) Chart[/caption] USD/CAD: The pair is trading with clear positive bias but still remains below 1.34 mark for now. USD rebound in later European market hours failed to trigger…
USD/CAD is Trading Flat as Both Currencies Lack…
[caption id="attachment_369496" align="alignnone" width="628"] USD/CAD Hourly (H1) Chart[/caption] USD/CAD: The pair is trading flat as both currencies lack directional bias. Crude oil weekly data record from the US seems to mismatch with previous reports as…
USD/CAD: The Pair is Trading with Clear Dovish…
[caption id="attachment_369469" align="alignnone" width="610"] USD/CAD Hourly (H1) Chart[/caption] USD/CAD: The pair is trading with clear dovish bias as a rally driven by a rebound in the crude oil price to multi-month highs pushed the price…
