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 ...
USDCAD Outlook

Intraday bias in USD/CAD remains neutral as consolidation from 1.2354 continues. As long as 1.2623 support turned resistance holds, deeper decline is expected. Break of 1.2354 will extend the fall fro...
USDCAD Outlook

Intraday bias in USD/CAD remains neutral as consolidation from 1.2354 continues. As long as 1.2623 support turned resistance holds, deeper decline is expected. Break of 1.2354 will extend the fall fro...
USDCAD Outlook

USD/CAD is still staying in range above 1.2354 and intraday bias remains neutral. More consolidative trading could be seen in near term. But still, as As long as 1.2623 support turned resistance hol...
USDCAD Outlook

Intraday bias in USD/CAD stays neutral as correction from 1.2354 continues. As long as 1.2623 support turned resistance holds, deeper decline is expected. Break of 1.2354 will extend the fall from 1....
USDCAD Outlook

USD/CAD's recovery from 1.2354 is still in progress but outlook is unchanged. Intraday bias stays neutral first. As long as 1.2623 support turned resistance holds, deeper decline is expected. Break o...
USDCAD Outlook

A temporary low is formed at 1.2354 after USD/CAD hit 61.8% retracement of 1.2061 to 1.2919 at 1.2389. Intraday bias is turned neutral first for consolidations. As long as 1.2623 support turned resi...
USDCAD Outlook

With 1.2480 minor resistance intact, intraday bias in USD/CAD remains on the downside. Current momentum argues that larger down trend from 1.4689 might be resuming. Deeper fall should be seen back to ...
USDCAD Outlook

Intraday bias in USD/CAD remains on the downside for the moment. Current momentum argues that larger down trend from 1.4689 might be resuming. Deeper fall should be seen back to retest 1.2061 low firs...
USDCAD Outlook

USD/CAD's decline accelerated last week and breached 61.8% retracement of 1.2061 to 1.2919 at 1.2389. Based on the momentum, the pair is likely resuming larger down trend from 1.4689. Initial bias st...
USDCAD Outlook

Dollar's fall accelerates to as low as 1.2366 so far and breaks 61.8% retracement of 1.2061 to 1.2919 at 1.2389. Based on current momentum, it's getting more likely that fall from 1.2919 is resuming l...
USDCAD Outlook

USD/CAD's decline resumed after brief consolidation and reaches as low as 1.2480 so far. Intraday bias is back on the downside. Current fall from 1.2919 should target 61.8% retracement of 1.2061 to ...
USDCAD Outlook

A temporary low is in place at 1.2499 in USD/CAD and intraday bias is turned neutral first. As long as 4 hour 55 EMA (now at 1.2363) holds, deeper decline is expected. Below 1.2499 will extend the fal...
USDCAD Outlook

USD/CAD drops to as low as 1.2499 so. It's losing some downside momentum on oversold condition in 4 hour RSI. But intraday bias stays on the downside as long as 1.2566 minor resistance holds. Current ...
USDCAD Outlook

USD/CAD's decline from 1.2919 is still in progress. Intraday bias remains on the downside for 61.8% retracement of 1.2061 to 1.2919 at 1.2389 or possibly below. On the upside, break of 1.2697 minor ...
USDCAD Outlook

USD/CAD's decline accelerates again and reaches as low as 1.2547 today so far. The break of 1.2598 support now argues that whole rebound from 1.2061 has completed at 1.2919 already. Near term outlook ...
USDCAD Outlook

USD/CAD drops further today but it's staying in consolidation pattern from 1.2916. Intraday bias stays neutral at this point. As long as as long as 1.2598 resistance turned support holds, near term ou...
USDCAD Outlook

Intraday bias in USD/CAD remains neutral as sideway trading from 1.2916 is still extending. Deeper fall could be seen. But after all, as long as 1.2598 resistance turned support holds, near term outlo...