Tag Archives: CAD

The Canadian dollar continues its attempts to rally within a bullish corrective context, after finding a strong support floor near 1.2660. Technically speaking, the current movements of the pair are witnessing positive attempts supported by the pair getting positive signals from the RSI to get bullish momentum in short time …

The technical outlook is unchanged, and the Canadian dollar’s ​​moves have not changed little, as part of the continued attempts to rise and stabilize above 1.2620. Technically, and despite the dominance of the general bearish trend over the pair’s movements, we believe that there is a possibility of an upward …

The Canadian dollar was able to build a base on the support floor of 1.2650, which we mentioned as a protection key to limit the bearish trend, forcing the pair to retest the previously broken support, which was converted to the resistance level at 1.2730. Technically speaking, and despite the …

The Canadian dollar was able to retest the resistance at 1.2750 as we expected, but found a strong resistance level near the psychological barrier of 1.2800. Technically speaking, the pair is based above the support floor at 1.2650, which was accompanied by attempts by Stochastic to obtain additional momentum that …

The Canadian dollar continues to achieve gains against its US counterpart, to find the pair now hovering around the psychological barrier support level of 1.2700. Technically, we see that the simple moving averages continue to support the bearish curve, but we find the stochastic trading around oversold areas. Although the …

The Canadian dollar found a strong resistance level around 1.2930, which limited the completion of the bullish correction scenario, as the current moves witness a slight bearish slope within attempts to re-test 1.2850. Technically speaking, we will continue maintaining the bullish correction, depending on trading stability above 1.2850, and generally …

The Canadian dollar showed noticeable gains during the previous trading session, heading for the retest target to be achieved at 1.2940, to record its highest level at 1.2957. Technically speaking and with the pair’s success in surpassing the previous breached resistance level of 1.2770, which has now turned into a …

The support levels published during last week’s reports located at the price of 1.2700 were able to limit the bearish bias that continued for several sessions in a row, to find that the pair succeeded in building a base on the aforementioned level within the bullish correction scenario published during …

The pair found a solid support floor around the support level of the psychological barrier mentioned during the previous analysis at 1.2700, to start its daily trading with a slight upward slope. Technically speaking, we tend to be positive in the coming hours, relying on trading stability above 1.2700 in …

The Canadian dollar was able to achieve the technique of retesting the resistance published during the previous analysis, which we made clear yesterday that we will increase the risk appetite to target 1.2775, recording the highest of 1.2790. Technically speaking, signs of negativity began to appear on Stochastic again and …