USD/CAD Daily Forecast – Resilient Pair Aiming 1.3133 Key Resistance

The Loonie pair displayed a slight upward movement in the early hours, possessing some slow-growing momentum. The pair quite remarkably breached the 1.3109 resistance mark last touched earlier this month. Ahead of the day, on moving further upwards, the pair…

USD/CAD Daily Forecast – Overhead Ichimoku Clouds Confining Positive Moves

The Loonie pair rang the opening bell on Monday near 1.3078 level and continued to provide some slow-growing upward movements. Anyhow, the gains for the pair got capped near 1.3083 resistance level in the Asian trading session. Still, the USD/CAD…

USD/CAD Daily Forecast – Fundamentals Pleasing the Bulls

After bouncing off from the pivotal 1.3037 support point yesterday, the USD/CAD pair continued to remain seesawed until today. The pair started Friday’s session near 1.3046 level with the bulls taking control over the helm. While on the upper side,…

USD/CAD is Bearish Below W H3 Camarilla Pivot

Dear Traders, The USD/CAD has been consolidating within the zonal support straight at W L3 camarilla pivot. Watch for POC rejection. If the price rejects from 1.3106-1.3120 zone it should do with a nice bearish reversal candlestick or pattern. Then…

USD/CAD Daily Forecast – Overhead Ichimoku Clouds Deterring the Upside Actions

After following a downward slope last day, the USD/CAD pair appeared to remain in the bottom near 1.3064 level in the early hours. Traders can expect a low volatility today as the US market remains closed on account of Independence…

Forex Recap – Greenback Managed to Hold Gains Despite Adverse US Data

USD Index Today, the Greenback kept hold onto the gains attained on July 1 and kept the uptrend intact. The early gains came in the USD Index amid Fiber downfall. The EUR/USD pair was down in the Asian trading session…

USD/CAD Daily Forecast – Bearish Rising Wedge Pattern Set into Action

Last day, the Loonie pair continued undergoing severe pullbacks, breaking the sturdy 1.3107 support mark. Laterwards, the downfall got supported near 1.3095 handle in the Asian session. At the same time, the pair managed a rebound action from that point…

USD/CAD Daily Forecast – 200-day SMA Restraining Pair’s Upward Price Actions

In the early Asian session, the USD/CAD pair was trading within 1.3120/40 higher range levels. After marking the last day’s high near 1.3145 level, the pair appeared gradually to lose grip. Yesterday’s upliftment came around as the US Dollar Index…

USD/CAD Daily Forecast – Pair Rebounding from 3-Month Low amid Renewed Trade Hopes

The Loonie pair continued to extend last day’s upward rally on Monday amid positive US-China trade updates. On the Saturday G20 meeting, both the parties agreed over a trade truce pact. The new agreement offered concessions highlighting no new tariffs…

USD/CAD Daily Forecast – Falling Wedge Pattern Depicting Bullish Signals

After touching the daily high near 1.3135 level yesterday, the pair took a deep dive to the bottom of the chart near 1.3084 level. The USD/CAD pair was trading remaining intact in the same lower vicinity today. The pair attempted…

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