ActionForex.com
Apr 02 03:07 GMT

Sponsors

Forex Expos

Action Insight: USDCAD Technical Outlook

Action Insight is the most popular section of the site, read by traders around the world. Our team of analysts work around the clock, analyzing the markets from technical and fundamental perspectives in providing the reports in this section to you.



USD/CAD Mid-Day Outlook Print E-mail
USDCAD Outlook | Written by ActionForex.com | Apr 01 15 15:56 GMT
Intraday bias in USD/CAD remains neutral for the moment. More sideway trading could be seen in range of 1.2406/2834. , with 1.2406 support intact, recent up trend is expected to resume later. Above 1.2834 will target 1.3063 key resistance. However, decisive break of 1.2406 will indicate trend reversal and in such case, deeper correction should be seen back to 38.2% retracement of 1.0620 to 1.2834 at 1.1988.
Read more...
 
USD/CAD Daily Outlook Print E-mail
USDCAD Outlook | Written by ActionForex.com | Apr 01 15 04:00 GMT
Intraday bias in USD/CAD remains neutral for the moment. More sideway trading could be seen in range of 1.2406/2834. , with 1.2406 support intact, recent up trend is expected to resume later. Above 1.2834 will target 1.3063 key resistance. However, decisive break of 1.2406 will indicate trend reversal and in such case, deeper correction should be seen back to 38.2% retracement of 1.0620 to 1.2834 at 1.1988.
Read more...
 
USD/CAD Mid-Day Outlook Print E-mail
USDCAD Outlook | Written by ActionForex.com | Mar 31 15 13:22 GMT
While the rebound from 1.2410 was strong, USD/CAD is still held below 1.2834 resistance. Intraday bias remains neutral for the moment and we could see more sideway consolidations. But again, with 1.2406 support intact, recent up trend is expected to resume later. Above 1.2834 will target 1.3063 key resistance. However, decisive break of 1.2406 will indicate trend reversal and in such case, deeper correction should be seen back to 38.2% retracement of 1.0620 to 1.2834 at 1.1988.
Read more...
 
USD/CAD Daily Outlook Print E-mail
USDCAD Outlook | Written by ActionForex.com | Mar 31 15 05:38 GMT
USD/CAD reboudned strongly but stayed below 1.2834 resitsance. Intraday bias remains neutral and more sideway consolidation could still be seen. With 1.2406 support intact, recent up trend is expected to extend higher. Above 1.2834 will target 1.3063 key resistance. However, decisive break of 1.2406 will indicate trend reversal and in such case, deeper correction should be seen back to 38.2% retracement of 1.0620 to 1.2834 at 1.1988.
Read more...
 
USD/CAD Daily Outlook Print E-mail
USDCAD Outlook | Written by ActionForex.com | Mar 30 15 02:29 GMT
Intraday bias in USD/CAD remains neutral for the moment. With 1.2406 support intact, recent up trend is USD/CAD is expected to extend higher. Above 1.2834 will target 1.3063 key resistance. However, decisive break of 1.2406 will indicate trend reversal and in such case, deeper correction should be seen back to 38.2% retracement of 1.0620 to 1.2834 at 1.1988.
Read more...
 
USD/CAD Weekly Outlook Print E-mail
USDCAD Outlook | Written by ActionForex.com | Mar 28 15 08:59 GMT
Despite edging lower to 1.2410 last week, USD/CAD got strong support from 1.2406 and recovered. Near term outlook remains unchanged. As long as 1.2406 holds, recent up trend is still expected to extend through 1.2834 to 1.3063 key resistance. However, note that firstly, the rise from 1.2406 to 1.2834 could be the terminal thrust after a triangle consolidation. Secondly, break of of 1.2406 will highly likely complete a double top reversal pattern (1.2797, 1.2834). And in such case, deeper correction would be seen back to 38.2% retracement of 1.0620 to 1.2834 at 1.1988.
Read more...
 
USD/CAD Daily Outlook Print E-mail
USDCAD Outlook | Written by ActionForex.com | Mar 27 15 09:12 GMT
Intraday bias in USD/CAD remains neutral as the pair stays in range of 1.2406/2834. As long as 1.2406 holds, recent up trend is still expected to extend through 1.2834 to 1.3063 key resistance. However, note that firstly, the rise from 1.2406 to 1.2834 could be the terminal thrust after a triangle consolidation. Secondly, break of of 1.2406 will highly likely complete a double top reversal pattern (1.2797, 1.2834). And in such case, deeper correction would be seen back to 38.2% retracement of 1.0620 to 1.2834 at 1.1988.
Read more...
 
USD/CAD Daily Outlook Print E-mail
USDCAD Outlook | Written by ActionForex.com | Mar 26 15 06:31 GMT
Intraday bias in USD/CAD remains neutral as the pair stays in range of 1.2406/2834. As long as 1.2406 holds, recent up trend is still expected to extend through 1.2834 to 1.3063 key resistance. However, note that firstly, the rise from 1.2406 to 1.2834 could be the terminal thrust after a triangle consolidation. Secondly, break of of 1.2406 will highly likely complete a double top reversal pattern (1.2797, 1.2834). And in such case, deeper correction would be seen back to 38.2% retracement of 1.0620 to 1.2834 at 1.1988.
Read more...
 
USD/CAD Daily Outlook Print E-mail
USDCAD Outlook | Written by ActionForex.com | Mar 25 15 04:17 GMT
Intraday bias in USD/CAD remains neutral as the pair stays in range of 1.2406/2834. As long as 1.2406 holds, recent up trend is still expected to extend through 1.2834 to 1.3063 key resistance. However, note that firstly, the rise from 1.2406 to 1.2834 could be the terminal thrust after a triangle consolidation. Secondly, break of of 1.2406 will highly likely complete a double top reversal pattern (1.2797, 1.2834). And in such case, deeper correction would be seen back to 38.2% retracement of 1.0620 to 1.2834 at 1.1988.
Read more...
 
USD/CAD Daily Outlook Print E-mail
USDCAD Outlook | Written by ActionForex.com | Mar 24 15 03:52 GMT
Intraday bias in USD/CAD remains neutral as the pair stays in range of 1.2406/2834. As long as 1.2406 holds, recent up trend is still expected to extend through 1.2834 to 1.3063 key resistance. However, note that firstly, the rise from 1.2406 to 1.2834 could be the terminal thrust after a triangle consolidation. Secondly, break of of 1.2406 will highly likely complete a double top reversal pattern (1.2797, 1.2834). And in such case, deeper correction would be seen back to 38.2% retracement of 1.0620 to 1.2834 at 1.1988.
Read more...
 
<< Start < Prev 1 2 3 4 5 6 7 8 9 10 Next > End >>

Page 1 of 74

Latest in Technical Outlook

Facebook MySpace Twitter Digg Delicious Google Bookmarks 

Forex Brokers

Action Insight Newsletter
ActionForex.com © 2015 All rights reserved.