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usdcad steps lower but finds support buyers at the 100 hour ma
The USDCAD has been stepping lower in trading today, but after reaching the 100 hour MA, there has been dip buyers against that technical target at 1....
October 20, 2023, 2:23 pm
usdcad steps higher and in the process finds the next upside target area and stalls.
The USDCAD experienced an upward move yesterday, surpassing a significant swing area range spanning from 1.3687 to 1.3700. This ascent led the price i...
October 19, 2023, 3:12 pm
usdcad spikes higher and comes back down. what next for the pair technically?
Arguably, there is nothing worse than getting fundamental news that is bullish - like the US retail sales data today. Then have the dollar move higher...
October 17, 2023, 3:42 pm
Usd/cad slides as oil surprisingly follows suit on potential us-venezuela oil deal
usdcad slides with Oil following suit on news of US-Venezuela deal. Will Canadian inflation rise once m...
October 16, 2023, 7:29 pm
usdcad sellers make a technical play below 200 hour ma/38.2% retracement level
The USDCAD has been waffling up and down, but cells are now making a play with a move below its 200-hour moving average and 38.2% retracement of the m...
October 9, 2023, 2:17 pm
Elliott wave analysis of usdcad – october 2nd, 2023
usdcad surged on Friday after weak GDP data strongly indicated that the Bank of Canada is done with rai...
September 30, 2023, 8:57 am
usdcad snaps back higher and in the process is retesting 100/200 bar ma on 4-hour chart
The USDCAD made new lows for the week earlier today and in the process tested a swing area between 1.3401 and 1.34214. The low price reached 1.34154 b...
September 29, 2023, 3:57 pm
usdcad stalls at the 200 day ma today. now works back down toward 100 day ma.
The USDCAD yesterday moved below its 100 day moving average and 50% midpoint of the move up from the July low at 1.3397 and 1.3393 respectively after ...
September 20, 2023, 2:12 pm
Usdcad technical analysis and short term forecast
Hi Traders! Today I share with you my usdcad short term forecast and technical analysis post, we do our...
September 20, 2023, 6:58 am
usdcad sellers are making a play with a break below 1.34923
Sellers are making a play in early North American trading in the USDCAD as the price has broken below a floor area between 1.34921 and 1.35039. Gettin...
September 18, 2023, 1:22 pm
Intraday analysis – dax tests floor
usdcad seeks support The Canadian dollar jumped after better-than-expected employment data in August. T...
September 11, 2023, 6:17 am
usdcad sellers push lower but fall stalls at earlier low and retracement target
The USDCAD moved higher earlier in the day and in the process, was able to extend below the 50% midpoint of the move down from the May 2023 high. The ...
August 3, 2023, 4:00 pm
Usdcad buyers are making a play from various perspectives. find out the driving dynamics.
The USDCAD moved above the 38.2% retracement of the move down from the May 2023 high at 1.3306.On the hourly chart, the buyers have been trending the ...
August 2, 2023, 4:47 pm
Elliott wave update of usdcad – august 2nd, 2023
usdcad seems to defy logic, climbing alongside crude oil even as Fitch just downgraded the credit ratin...
August 2, 2023, 7:16 am
Elliott wave view: usdcad rally expected to fail
Short Term Elliott Wave view in usdcad suggests wave 2 ended at 1.338. The pair has extended lower with...
July 26, 2023, 6:06 am
Usd/cad rally expected to fail [video]
Short Term Elliott Wave view in usdcad suggests wave 2 ended at 1.338. The pair has extended lower with...
July 26, 2023, 3:15 am
usdcad spikes to 200 hour ma @ 1.21917. it will take a move above to increase bullish bias
The usdcad spike higher, and in the process moved up to retest it at 200-hour moving average at 1.31917...
July 20, 2023, 3:27 pm
Usdcad daily analysis – july 5, 2023
USDCAD continues to showcase strength as it remains in an uptrend from its low of 1.3116. Further upward movement is anticipated in the coming days, w...
July 5, 2023, 2:04 pm
Usd / cad – canadian dollar top dog in june
Canadian dollar rises 2.30% in June. – Canada April GDP expected to rise 0.2% (March 0.0%) – US dollar opens on a mixed note ahead of US PCE data....
June 30, 2023, 8:14 pm
Has usdcad started a new bullish cycle?
USDCAD rose quickly above the tight bearish channel, but soon stopped around February’s lows and near its 20-day SMA on Thursday. The pair is set to...
June 30, 2023, 8:12 am