Tag Archives: CAD

The Canadian dollar reversed the expected downward trend during the previous report, in which we relied on trading stability below the resistance level of 1.3520. As a reminder, we indicated that going above and consolidating the price above 1.3520 leads the pair to the upward path again as we wait …

The Canadian dollar found strong resistance around the psychological barrier of 1.3500, which began to put negative pressure on the pair and is currently trading near the strong support level of 1.3470. From a technical analysis standpoint, the pair is hovering around the 1.3470 support level and is starting to …

The US currency, which has little velocity, and the price of crude oil are closely tracked by the Canadian dollar. The USD/CAD pair is essentially flat for the day on Thursday, falling 0.2% at its low point, and it appears that consolidation is imminent near 1.3500. The final figures for …

The Canadian dollar achieved the first upward target to be touched during the previous technical report, located at 1.3540, recording its highest level of 1.3545. Technically, we are leaning toward positivity in our trading, relying on the bullish technical structure shown on the 4-hour chart, in addition to the continued …

Positive trading continues to control the movements of the Canadian dollar within the expected upward path during the previous technical report, maintaining positive stability above the strong support floor 1.3450. Technically, we are leaning towards positivity in our trading, relying on the pair’s success in crossing upwards and rising above …

The technical outlook remains unchanged, and the pair’s movements have not significantly changed, maintaining the positive stability that began yesterday’s session, stable above 1.3440. Technically, we are leaning towards positivity in our trading, but with caution, provided that we witness a clear breach of the pivotal resistance level at the …

Positive trading returned to dominate the movements of the Canadian dollar during the previous trading session after it succeeded in basing itself on the strong support floor at 1.3420. Technically, we are leaning towards positivity in our trading, but with caution, provided that we witness a clear breach of the …

The Canadian dollar achieved the upward targets required to be touched during the previous technical report at 1.3510 and then 1.3530, recording its highest level of 1.3524. Technically, we are leaning toward negativity in our trading, relying on the pair’s failure to maintain its positive stability above the psychological barrier …

Positive movements have regained control of the Canadian dollar, as we expected an upward rebound during the previous trading session, approaching by a few points to the first official target of 1.3510, only to post its highest level of 1.3501. Technically, we are leaning towards positivity in our trading, but …

The Canadian dollar succeeded in achieving the bearish targets required to be achieved during the previous technical report at 1.3400, and approaching the official target around 1.3365, recording its lowest level at 1.3380. Technically, we are leaning towards positivity in our trading, but with caution, relying on the positive crossover …