USDCAD Outlook

USD/CAD's recovery suggests that pull back from 1.2598 has completed at 1.2432 already. Intraday bias is turned back to retest 1.2598 first. Break will extend the rebound from 1.2061 to 1.2777 resista...
USDCAD Outlook

No change in USD/CAD's outlook. With 1.2529 minor resistance intact, pull back from 1.2598 could extend lower to 38.2% retracement of 1.2061 to 1.2598 at 1.2393, or even further to 61.8% retracement a...
USDCAD Outlook

USD/CAD's pull back from 1.2598 extended lower last week. As long as 1.2529 minor resistance holds, deeper fall is in favor this week to 38.2% retracement of 1.2061 to 1.2598 at 1.2393, or even furth...
USDCAD Outlook

At this point, pull back from 1.2598 short term top is expected to extend lower to 38.2% retracement of 1.2061 to 1.2598 at 1.2393, or even further to 61.8% retracement at 1.2266. But we'll look for b...
USDCAD Outlook

USD/CAD's break of 1.2448 minor support suggest that a short term top is formed at 1.2598, after failing to sustain above 55 day EMA. Intraday bias is turned back to the downside for 38.2% retracement...
USDCAD Outlook

For the moment, further rise is in favor with 1.2448 minor support intact. Rally from 1.2061 would target 1.2777 resistance first. Decisive break there will target key medium term fibonacci level at...
USDCAD Outlook

USD/CAD continues to lose upside momentum as seen in 4 hour MACD. But with 1.2448 minor support intact, further rise is in favor. Rally from 1.2061 would target 1.2777 resistance first. Decisive b...
USDCAD Outlook

Further rise is expected in USD/CAD with 1.2448 minor support intact even though upside momentum isn't convincing. Rally from 1.2061 would target 1.2777 resistance first. Decisive break there will...
USDCAD Outlook

USD/CAD's rebound from 1.2061 extended 1.2598 last week even though upside momentum isn't convincing. As long as 1.2448 minor support holds, further rally is expected this week to 1.2777 resistance fi...
USDCAD Outlook

Intraday bias in USD/CAD remains on the upside. Current rise from 1.2061 should target 1.2777 resistance next. Decisive break there will target key medium term fibonacci level at target 38.2% retrace...
USDCAD Outlook

Break of 1.2537 suggests that rebound form 1.2061 has resumed. Intraday bias is back on the upside for 1.2777 resistance next. Decisive break there will target key medium term fibonacci level at targ...
USDCAD Outlook

Intraday bias in USD/CAD remains neutral at this point. With 1.2326 minor support intact, further rise is expected. Above 1.2537 will target 1.2777 resistance first. Decisive break of 1.2777 will targ...
USDCAD Outlook

A temporary top is formed at 1.2537 in USD/CAD and intraday bias is turned neutral first. With 1.2326 minor support intact, further rise is expected. Above 1.2537 will target 1.2777 resistance first. ...
USDCAD Outlook

USD/CAD's rebound from 1.2061 is still in progress. Intraday bias remains on the upside for 1.2777 resistance first. As noted before, current development argues that the pair has successfully defende...
USDCAD Outlook

Intraday bias in USD/CAD remains on the upside as the rebound from 1.2061 is still in progress. Current development argues that the pair has successfully defended 1.2048 fibonacci level. Further rise ...
USDCAD Outlook

USD/CAD's rebound from 1.2061 extended higher last week. The development argues that the pair has successfully defended 1.2048 fibonacci level. Further rise is expected this week as long as 1.2326 min...
USDCAD Outlook

With 1.2326 minor support intact, further rally is expected in USD/CAD. The pair should have successfully defended key long term fibonacci level at 2.1048. Rise from 1.2061 should extend to 1.2777 r...
USDCAD Outlook

USD/CAD's rebound from 1.2061 extended to as high as 1.2503 so far. The strong break of 1.2412 support turned resistance and upside acceleration carries bullish implications. The pair should have now ...