Tag: USDCAD
USDCAD: ⬆️ Buy – USDCAD rising inside sideways price range inside – Likely to reach resistance level 1.3800 USDCAD currency pair recently reversed down from the key support level 1.3575 (which is the lower boundary of the sideways price range inside which the price has been trading from June). The upward reversal from the support […]
USDCAD: ⬇️ Sell – USDCAD reversed from the resistance zone – Likely to fall to support level 1.3545 USDCAD currency pair recently reversed down from the resistance zone between the resistance level 1.3770 (former support from the start of May), upper daily Bollinger Band and the 50% Fibonacci correction of the downward impulse from last […]
USDCAD: ⬆️ Buy – USDCAD broke daily down channel – Likely to rise to the resistance level at 1.3730 USDCAD currency pair recently broke the resistance trendline of the daily down channel from the start of May. The breakout of this down channel follows the earlier upward reversal from the pivotal support level 1.3545 coinciding […]
USDCAD: ⬇️ Sell – USDCAD broke key support level 1.3630 – Likely to fall to support level 1.3500 USDCAD currency pair recently broke the key support level 1.3630, which previously formed the daily Hammer reversal pattern at the start of June. The breakout of the support level 1.3630 should accelerate the active impulse wave C […]
USDCAD: ⬇️ Sell – USDCAD reversed from strong resistance area – Likely to fall to support level 1.3755 USDCAD currency pair recently reversed down from the strong resistance area between the round resistance level 1.4000 intersecting with the upper daily Bollinger Band and the resistance trendline of the daily down channel from March. The downward […]
USDCAD: ⬆️ Buy – USDCAD reversed from support area – Likely to rise to resistance level 1.3980 USDCAD currency pair recently reversed up from the support area between the support level 1.3800 (which has been reversing the price from April), lower daily Bollinger Band and the support trendline of the daily down channel from March. […]
USDCAD: ⬇️ Sell – USDCAD broke support zone – Likely to fall to support level 1.3800 USDCAD currency pair recently broke the support zone between the support level 1.4040 (which reversed the price sharply at the start of April, as can be seen below), 50% Fibonacci correction of the upward price move from September and […]
• USDCAD reversed from support level 1.3215 • Likely to fall to resistance level 1.3400 USDCAD recently reversed up from the key support level 1.3215 (previous monthly high from the start of July), lower daily Bollinger Band, intersecting with the 38.2% Fibonacci correction of the downward impulse from October. The upward reversal from the support […]
• USDCAD reversed from support level 1.3530 • Likely to rise to resistance level 1.3795 USDCAD recently reversed up from the support level 1.3530 (low of wave (iv) from the start of October), intersecting with the lower daily Bollinger band, upper trendline of the daily up channel from April and 38.2% Fibonacci correction of the […]
• USDCAD rising inside impulse wave (3) • Likely to reach resistance level 1.3760 USDCAD currency pair continues to rise inside the sharp intermediate impulse wave (3), which previously broke the two intersecting up channels from April and August. The pair is under the bullish pressure due to the simultaneous strong bullish USD sentiment and […]
