USDCAD Outlook

A temporary low is in place at 1.3387 as USD/CAD recovered and intraday bias is turned neutral first. Some consolidation would be seen but upside should be limited by 1.3570 resistance and bring anoth...
USDCAD Outlook

USD/CAD's decline continues today and reaches as low as 1.3394 so far today. Intraday bias remains on the downside as the fall from 1.3793 is targeting 1.3222 support next. As noted before, corrective...
USDCAD Outlook

USD/CAD's break of 1.3455 indicates resumption of decline from 1.3793. Intraday bias is turned back to the downside for 1.3222 support next. As noted before, corrective rally from 1.2460 could have fi...
USDCAD Outlook

Intraday bias in USD/CAD is turned neutral with a temporary low in place at 1.3455. Some consolidation would be seen but recovery should be limited by 1.3641 support turned resistance and bring anothe...
USDCAD Outlook

Intraday bias in USD/CAD remains on the downside as fall from 1.3793 continues. Current decline should target 1.3222 support next. As noted before, corrective rally from 1.2460 could have finished ah...
USDCAD Outlook

Intraday bias in USD/CAD remains on the downside for the moment. Rise from 1.2968 should be completed at 1.3793, ahead of 1.3838 key fibonacci resistance. Deeper fall would be seen for 1.3222 support ...
USDCAD Outlook

USD/CAD's fall from 1.3793 extended to as low as 1.3507 last week and broke 1.3534 resistance turned support. The development confirmed completion of rise from 1.2968. Initial bias remains on the down...
USDCAD Outlook

No change in USD/CAD's outlook. With 1.3721 minor resistance intact, deeper fall is expected to 1.3534 resistance turned support. Break there should confirm completion of the rise from 1.2968 and targ...
USDCAD Outlook

USD/CAD is losing some downside momentum with 4 hour MACD crossed above signal line. But with 1.3721 minor resistance intact, deeper decline is expected to 1.3534 resistance turned support. Break ther...
USDCAD Outlook

USD/CAD's fall from 1.3793 is still in progress and intraday bias stays cautiously on the downside for 1.3534 resistance turned support. Break there should confirm completion of the rise from 1.2968 a...
USDCAD Outlook

Intraday bias in USD/CAD remains cautiously on the downside for 1.3534 resistance turned support Break there should confirm completion of the rise from 1.2968 and target 1.3222 support next. On the u...
USDCAD Outlook

USD/CAD's fall from 1.3793 resumes by diving to as low as 1.3600 so far. Based on accelerating downside momentum, intraday bias is cautiously on the downside for 1.3534 resistance turned support. Brea...