Tag: USDCAD

Apr 06
USDCAD Wave Analysis – 6 April, 2022

• USDCAD under bullish pressure• Likely to rise to resistance level 929.00 USDCAD currency pair under bullish pressure after the price reversed up from the strong support level 1.2450 (previous monthly low from January) – ending the earlier correction (2). The support zone near the support level 1.2450 was strengthened by the lower daily Bollinger […]

Mar 03
USDCAD Wave Analysis – 3 March, 2022

• USDCAD reversed from support level 1.260• Likely to rise to resistance level 1.2800 USDCAD currency pair recently reversed up from the key support level 1.260 (which has been reversing the pair from the end of January). The upward reversal from the support level 1.260 stopped the previous intermediate ABC correction 2. Given the prevailing […]

Mar 02
USDCAD Wave Analysis – 2 March, 2022

• USDCAD reversed from key resistnace level 1.2800• Likely to fall to support level 1.2645 USDCAD currency pair recently reversed down from the key resistance level 1.2800 (which has been reversing the pair from the start of January). The resistance zone near the resistance level 1.2800 was strengthened by the upper daily Bollinger Band and […]

Jan 10
USDCAD Wave Analysis – 10 January, 2022

• USDCAD reversed from support level 1.2615 • Likely to rise to resistance level 1.2800 USDCAD currency pair recently reversed up from the key support level 1.2615 (which has been reversing the price from the start of December), intersecting with the lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse (1) […]