USDCAD Outlook

Despite dipping to 1.2246 last week, subsequent rebound suggests that a short term bottom is formed, on bullish convergence condition in 4 hour MACD. Initial bias is back on the upside this week for 1...
USDCAD Outlook

Intraday bias in USD/CAD remains on the downside for the moment. Current decline from 1.2919 would extend to retest 1.2061 low. Decisive break there will resume larger down trend. However, considering...
USDCAD Outlook

Intraday bias in USD/CAD remains on the downside for the moment. Current decline from 1.2919 would extend to retest 1.2061 low. Decisive break there will resume larger down trend. However, considering...
USDCAD Outlook

USD/CAD drops to as low as 1.2246 so far and break of 1.2281 indicates fall resumption. Intraday bias is turned back to the downside. Fall from 1.2919 should target a test on 1.2061 low. On the upside...
USDCAD Outlook

USD/CAD is staying in range above 1.2281 temporary low and intraday bias stays neutral. As long as 1.2490 resistance holds, near term outlook remains bearish and deeper decline is expected. On the dow...
USDCAD Outlook

USD/CAD's consolidation from 1.2281 temporary low is still unfolding and intraday bias remains neutral. As long as 1.2490 resistance holds, near term outlook stays bearish and deeper decline is expect...
USDCAD Outlook

Intraday bias in USD/CAD remains neutral for consolidation above 1.2281 temporary low. Near term outlook will remain bearish as long as 1.2490 resistance holds. Below 1.2281 will extend the decline fr...
USDCAD Outlook

USD/CAD's decline from 1.2919 resumed last week and reached as low as 1.2281. As a temporary low is in place, initial bias is neutral this week for consolidations. But outlook will stay bearish as lon...
USDCAD Outlook

A temporary low is in place at 1.2281 and intraday bias is turned neutral first. Outlook stays bearish as long as 1.2490 resistance holds. Below 1.2281 will resume the fall from 1.2919 and target 1.20...
USDCAD Outlook

Intraday bias in USD/CAD remains on the downside. Fall from 1.2919 is in progress and should target to retest 1.2061 low. On the upside, break of 1.290 minor resistance is needed to indicate short ter...
USDCAD Outlook

USD/CAD drops to as low as 1.2322 so far. Break of 1.2354 indicates resumption of fall from 1.2919. Intraday bias is back on the downside for retesting 1.2061 low. On the upside, break of 1.290 minor ...
USDCAD Outlook

USD/CAD is staying in consolidation from 1.2354 and intraday bias remains neutral. With 1.2623 support turned resistance intact, near term outlook remains mildly bearish. On the downside, break of 1....
USDCAD Outlook

USD/CAD is staying in consolidation from 1.2354 and intraday bias remains neutral. With 1.2623 support turned resistance intact, near term outlook remains mildly bearish. On the downside, break of 1....
USDCAD Outlook

Intraday bias in USD/CAD remains neutral as range trading continues. Near term outlook stays mildly bearish as long as 1.2623 support turned resistance holds. Brea of 1.2354 will extend the decline to...
USDCAD Outlook

USD/CAD stayed in range trading above 1.2354 last week and outlook is unchanged. Initial bias is neutral this week first. Near term outlook stays mildly bearish as long as 1.2623 support turned resist...
USDCAD Outlook

Intraday bias in USD/CAD remains neutral for the moment as consolidation from 1.2354 continues. But again, as long as 1.2623 support turned resistance holds, deeper decline is expected. Break of 1.235...
USDCAD Outlook

USD/CAD is staying in range above 1.2354 and intraday bias remains neutral. More consolidations could be seen. But again, 1.2623 support turned resistance holds, deeper decline is expected. Break of 1...
USDCAD Outlook

USD/CAD rebounds strongly ahead of 1.2354, after dovish BoC rate hike. Technically, consolidation from 1.2354 is still in progress and intraday bias remains neutral. Still, as long as 1.2623 support ...