Tag Archives: canadian

The movements of the Canadian dollar witnessed a bearish tendency during the last trading session, heading to touch the first target that is required to be touched at 1.2635, to record its lowest level at 1.2630. Technically, we notice that the pair has benefited from the support level represented by …

Negative trading continued to dominate the movements of the Canadian dollar within the expected negative outlook during the last analysis, in which we relied on confirming the pair’s breach of the 1.2770 support level, touching the first target that is required to be touched, 1.2665, recording its lowest level during …

The Canadian dollar declined significantly within the expected negative outlook during the last analysis, explaining that the confirmation of the pair breaking the 1.2770 support level leads the pair to achieve losses at our target of 1.2710, recording its lowest level at 1.2695 during the early trading of the current …

The Canadian dollar declined noticeably within the expected negative outlook. We relied on the price stability below the 1.2850 resistance level, explaining that trading below 1.2800 leads the pair to visit our first target 1.2755, recording the lowest at 1.2745 during the early morning trading. Technically, the pair achieved a …

The Canadian dollar managed to achieve some modest gains during the previous trading session and is still hovering around the retest target required to be achieved around 1.2840. Technically, we tend to the negativity, but with caution, relying on the clear negative signs on the stochastic indicator, which started losing …

We adhered to intraday neutrality during the previous analysis due to the conflicting technical signals to find the Canadian dollar for the second consecutive session, unable to break the strong support level at 1.2770 and obtain a positive closing above the mentioned level to retest 1.2870. Technically, we tend in …

Trading tilted to the negative, which dominated the Canadian dollar’s movements yesterday, to find a solid support floor near the 1.2770 level, forcing it to rebound to the upside. It is now hovering around the 1.2810 level. Technically and carefully considering the 4-hour chart, we find a conflict in the …

Quiet trading tilted to the negative, dominating the movements of the Canadian dollar within a gradual decline to the downside, as we expected, approaching by a few points from the published target 1.2775, recording a low at 1.2783. From the angle of technical analysis today, the current trading levels for …

Mixed trades dominated the movements of the Canadian dollar during the last session’s trading to succeed in retesting the resistance level required to be touched during the previous analysis at 1.2895, recording its highest level at 1.2895. Technically, the 50-day simple moving average started to pressure the price from above, …

Quiet trading dominated the movements of the Canadian dollar, tending to the negative after it temporarily failed to maintain stability above the 1.2880 support level, approaching the target that is required to be visited around 1.2775, recording its lowest level at 1.2795. Technically, there are cohesion attempts above the psychological …