Tag Archives: CAD

The bearish trend continues to control the movements of the Canadian dollar. It is heading to touch the bearish target required to be achieved during the previous report, located at 1.3385, recording its lowest level at 1.3388. Technically, today, we notice the continuation of the clear negative crossover signs on …

The technical outlook remains unchanged, and the pair’s movements did not change significantly, maintaining negative stability after failing to achieve a daily closing above the resistance of the psychological barrier of 1.3500. From a technical point of view, today, we notice the continuation of the clear negative crossover signs on …

Negative trades dominated the Canadian dollar within the expected bearish path after it failed to maintain its positive stability above 1.3550, surpassing the bearish targets that should have been touched at 1.3500, recording its lowest level at 1.3427. From a technical point of view, today, with the pair’s success in …

The Canadian dollar provided positive trades until the middle of the American session, approaching by a few pips from the first target to be touched at 1.3660, recording its highest level at 1.3651. Technically, we find that the pair’s movements returned to decline quickly as a result of approaching the …

The technical outlook is unchanged, with the Canadian dollar continuing to maintain positive stability, continuing its gradual rise to the upside, recording its highest level during the early trading of the current session at 1.3640. Technically, and by looking at the 4-hour chart, we find that the simple moving averages …

Positive trades continue to dominate the Canadian dollar for the second consecutive session, building a good support floor near 1.3560, and the pair is now hovering around its highest level during the early trading of the current session at 1.3600. Technically, and by looking closely at the 4-hour chart, we …

Significant gains were witnessed by the Canadian dollar’s movements yesterday within the bullish path published during the previous technical report, touching the first target to be achieved at 1.3650, recording its highest level at 1.3654. Technically, and by looking at the 4-hour chart, we find that the simple moving averages …

Due to conflicting negative signals, we adhered to intraday neutrality in the previous report, explaining that activating buying centres depends on breaching 1.3500 to target areas of 1.3570, surpassing the required target, and recording its highest level at 1.3613. Technically, and with a closer look at the 4-hour chart, the …

The technical outlook is unchanged, the pair’s movements did not change significantly within uncertain attempts to achieve the required breach, and the current movements are still stable below the resistance of the psychological barrier of 1.3500. Technically, and when looking closely at the 4-hour chart, we find that there is …

Marginal rise dominated the Canadian dollar’s movements within, but limited attempts to rise after the pair fail to stabilize for a long time above the resistance level of the psychological barrier 1.3500. Technically, and when looking closely at the 4-hour chart, we find that there is a conflict in the …