Tag Archives: canadian

The USD/CAD pair maintains its upward trajectory, holding firm above the key support level of 1.3690. This stability has propelled the pair to rebound upwards, reaching 1.3780. Technical analysis suggests a continuation of the uptrend. Positive momentum from the simple moving averages, coupled with the Stochastic oscillator’s attempts to gain …

The Canadian dollar (CAD) experienced a significant surge at the end of last week, breaking through the 1.3720 resistance level and reaching an intraday high of 1.3773. The current technical outlook suggests a continuation of the bullish trend. Positive signals from the simple moving averages and the 14-day momentum indicator …

The Canadian dollar (CAD) witnessed positive trading in the previous session, but its upward momentum was curtailed by the pivotal resistance level of 1.3690. Technical indicators now suggest a potential shift towards a bearish trend. The Stochastic oscillator on the 240-minute timeframe is showing signs of waning upward momentum, indicating …

The Canadian dollar experienced a subdued trading session yesterday, characterized by narrow fluctuations within a broader bearish trend. The currency pair reached a low of 1.3603 against the US dollar. Technical analysis suggests a continuation of this downward momentum. The Stochastic oscillator on the 240-minute timeframe is showing signs of …

The Canadian dollar experienced positive trades, achieving an upward rebound from the support level near the psychological barrier at 1.2600. A detailed examination of the 4-hour chart provides several insights: Stochastic Indicator: The Stochastic is working to eliminate current negative signals, indicating potential bullish momentum.Simple Moving Averages (SMA): Price stability …

Limited positive trading dominated the Canadian dollar’s movements during the previous session, failing to breach the 1.3675 resistance level and resulting in a negative bias. Technical Analysis Examining the 4-hour chart reveals the following: Stochastic Indicator: Continues to provide negative signals.50-Day Simple Moving Average: Trading stability below this level supports …

Positive momentum continued to drive the movements of the Canadian dollar, aligning with the anticipated upward trajectory outlined in the previous technical report. The currency successfully reached the official targets at 1.3750 and 1.3790, achieving its peak during the morning trading session at 1.3783. Today’s technical analysis leans towards positivity, …

The Canadian dollar experienced an upward trend, finding support at 1.3630, which facilitated a rebound, with the pair currently stabilizing near its morning peak around 1.3680. Today’s technical analysis suggests a positive outlook, buoyed by the supportive influence of the 50-day simple moving average. This is further reinforced by favorable …

The Canadian dollar has continued its bearish trajectory, encountering strong resistance near the 1.3730 level, prompting renewed negative trading for the pair. From a technical standpoint, the 240-minute timeframe reveals the persistence of bearish technical patterns, reinforcing the overarching daily downtrend. Additionally, the ongoing formation of simple moving averages continues …

The Canadian Dollar pair followed the anticipated downward trend outlined in the previous report, reaching the initial target at 1.3660 and reaching a low of 1.3654. In terms of technical analysis on the 4-hour timeframe, the bearish technical pattern persists, supporting the overall negative sentiment. Additionally, the continued presence of …