Tag Archives: CAD

Negative trading continued to dominate the movements of the Canadian dollar during the previous trading session within the bearish context expected in the last analysis, recording its lowest level at 1.3570. Technically, by looking at the 4-hour time frame chart, we find a negative intersection beginning to appear on the …

Negative trading returned to control the movements of the Canadian dollar with the opening of the first trading sessions of this week after it found a strong resistance level of around 1.3680. Technically, by looking at the 4-hour time frame chart, we find a negative intersection beginning to appear on …

The Canadian dollar reached the first target expected to be achieved during the previous trading session, at 1.3770, recording its highest level of 1.3785. Technically, and with a closer look at the 4-hour time frame chart, we find that the resistance level of 1.3785 formed a negative pressure factor that …

The Canadian dollar achieved the first bullish target published during the previous technical report at 1.3750, recording its highest level of 1.3780. Technically, and with a closer look at the 4-hour time frame chart, the pair established an excellent support ground near the 1.3675 level, accompanied by positive motivation from …

A gradual rise for the Canadian dollar within the expected positive outlook during the previous technical report, approaching a few points from the published target of 1.3750, recording its highest level of 1.3737. Technically, and with a closer look at the 4-hour time frame chart, we find that the pair …

The Canadian dollar jumped to achieve substantial gains within the expected positive outlook during the previous report, touching the official target to be achieved at 1.3670, recording its highest level during the morning period of today’s session at 1.3705. Technically, and with a closer look at the 4-hour time frame …

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 …