USD/CAD Technical Analysis.

USD/CAD Technical Analysis.

Currently, USD/CAD is trading at 1.4060. The pair started a sideways trend on 30 March and now consolidating in the support and resistance wedges . If the price breaks its support level at 1.3855, then it may touch its support zone at 1.3545. If the price breaks...
USDCAD New Trend On Upside.

USDCAD New Trend On Upside.

USDCAD was trading in falling wedge pattern for a very long time now it has broke-out from that pattern on the upside, so might see a new trend in USDCAD . We can see consolidation or small price correction for a shorter time and then a new long trend. One can...
USD/CAD Technical Analysis.

USD/CAD Technical Analysis.

Currently, USD/CAD is trading at 1.3891. After starting a downtrend on 25 March, the pair is now moving towards its support level at 1.3857. As the price is already trading in the downtrend, if the price breaks the support level at 1.3857, it may continue its...
USDCAD Trading In Descending Channel Pattern.

USDCAD Trading In Descending Channel Pattern.

USDCAD is forming a descending triangle pattern at the top which indicates the trend reversal. Also, it is trading in channel pattern on the downside if USDCAD break from descending triangle pattern we might see a further downside in the USDCAD towards the support...