Tag Archives: CAD

The Canadian dollar fell within the expected downward path, touching the first target required to be achieved during the previous technical report at 1.5350, recording its lowest level at 1.3543. Technically, we are leaning towards negativity, relying on the negative intersection of the simple moving averages that continue to pressure …

Negative trading dominated the movements of the Canadian dollar during the previous trading session after it failed to maintain positive stability above 1.3600. Technically, we are leaning toward negativity, relying on the negative intersection of the simple moving averages that began to pressure the price from above and the negativity …

CAD witnessed a sideways trend for several successive sessions, confined from below above the support floor of the psychological barrier 1.3600 and from above below the resistance of the psychological barrier of 1.3700. Technically, and with a closer look at the 4-hour time frame chart, we find that the pair …

The technical outlook is unchanged, and the pair’s movements did not change significantly, maintaining positive stability and recording its highest level near the psychological barrier of 1.3700. Technically, and by looking closely at the 4-hour chart, we find that the pair established a good support base around the psychological barrier …

The Canadian dollar maintained positive stability for the second session in a row, touching the first upward target achieved during the previous trading session at 1.3680, recording its highest level of 1.3678. Technically, and with a closer look at the 4-hour time frame chart, we find that the pair established …

Positive trading dominated the movements of the Canadian dollar yesterday within the bullish context expected during the previous technical report, touching the target of 1.3660, recording its highest level of 1.3670. Technically, and with a closer look at the 4-hour time frame chart, we find that the pair established a …

The Canadian dollar found a solid support ground near 1.3570, which helped it maintain temporary positive stability to begin attacking the psychological barrier resistance level of 1.3600, and the intraday movements witnessed stability above it. From a technical standpoint today, we are leaning towards positivity, but with caution, in our …

The Canadian dollar achieved the first bearish target required to be touched during the previous technical report at 1.500, recording its lowest level at 1.3490. Technically, by looking at the 4-hour chart, we find the simple moving averages continuing to exert negative pressure on the pair, in addition to trading …

Negative trading dominated the movements of the Canadian dollar within the retest technique, as we explained during the previous technical report, touching the first target required to be retested at the price of 1.3530, recording its lowest level at 1.3513. The technical outlook remains unchanged, and the pair’s movements have …

The Canadian dollar achieved the idea of retesting the support published during the previous technical report, touching the target of retesting the support level of 1.3560, recording its lowest level at 1.3550. Technically, we tend towards negativity in our trading, relying on trading stability below the resistance level of 1.3600, …