The Canadian dollar succeeded in retesting the strong support level published during the previous analysis, located at 1.2550, maintaining the positive stability above the aforementioned level. Technically speaking, and by looking at the 240-minute chart, we find the stochastic indicator is trading around oversold areas, in addition to the emergence …
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The Canadian dollar continues to navigate within the expected bullish correctional trend, touching our first target located at 1.2590. Technically speaking, we tend to be positive, depending on the pair’s success in stabilizing an intraday above 1.2540, in addition to building an overall base above 1.2500, and we notice that …
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Narrow sideways trading, but tilted to the negativity, dominated the Canadian dollar’s moves against its US counterpart, to re-test the pivotal support level at 1.3500. Technically, and with a closer look at the 60-minute chart, we find the pair trying to consolidate above the aforementioned support floor and the RSI …
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The support level published during the previous analysis, located at 1.2540, succeeded in limiting the bearish bias that the Canadian dollar witnessed during the previous session, to succeed in retesting the aforementioned support and starting the bullish rebound again. From technical analysis, the RSI indicator provides clear positive signals, in …
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Narrow range sideways trading tends to be positive, and the Canadian dollar maintains the bullish context within the awaited bullish correctional trend. From a technical analysis, we find that the pair managed to build an intraday above the support level of 1.2580, accompanied by the positive stimulus of the 50-day …
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The technical outlook remains unchanged, and the Canadian dollar’s movements have not witnessed a significant change, maintaining the bullish correction bias. Technically speaking, we are continuing to suggest the bullish trend, relying on the intraday trading stability above 1.2540 the previously breached resistance in addition to the positive motive for …
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The Canadian dollar’s efforts continue to maintain the bullish correction bias after it succeeded in building a base on the support floor of 1.2500. Technically, we are continuing to suggest the bullish trend, relying on the intraday trading stability above 1.2540 the previously breached resistance in addition to the positive …
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The technical outlook is unchanged, and the Canadian dollar has not changed significantly, maintaining the bullish corrective bias. From the technical analysis, we are continuing to suggest the bullish trend, relying on the stability of trading above 1.2540 the previously breached resistance in addition to the positive motive for the …
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The Canadian dollar was able to complete the bullish corrective bias seen to in the previous analysis, after it succeeded in establishing a solid support floor around 1.2500, in addition to the pair’s success in breaching 1.2550, heading for touching our awaited target of 1.2610, recording the highest of 1.2605. …
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The Canadian dollar succeeded in continuing the bullish corrective tendency referred to during the previous analysis, touching our first target at 1.2555, recording the highest during early trading for the current session 1.2555. Technically speaking, and with the pair continuing to get a positive stimulus from the 50-day moving average, …
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