Tag Archives: canadian

The Canadian dollar provided a positive trading session, retesting the previously broken support-into-resistance, touching our required target of 1.2730, recording the highest level at 1.2723. Technically, we tend to the positivity, relying on the pair’s pivot at the 1.2660 support level, accompanied by the positive motive for the 50-day moving …

In a trading session in the red, the Canadian dollar declined in the minor bearish corrective path we mentioned yesterday, touching the required target of 1.2595, recording its lowest level at 1.2600. From the technical analysis point of view today, the pair’s current moves are witnessing a rebound to the …

The Canadian dollar achieved the expected negative outlook during yesterday’s trading session, touching the second target around 1.2665, recording its lowest level at 1.2635 during the morning trading of the current session. Technically, the pair broke the strong support level 1.2730, 23.60% correction, and the mentioned level turned into a …

The Canadian dollar found a strong resistance level of around 1.2840, which forced it to trade negatively again, and hovers around retesting the strong support level at 1.2730. Technically, and carefully considering the 4-hour chart, we find the pair hovers around 1.2730, represented by the 23.60% Fibonacci correction, and the …

The Canadian dollar maintained its gains within the expected positive outlook during the last analysis, touching the target to be achieved last Friday at 1.2850, recording its highest level at 1.2854. Technically, still witnessing intraday stability above the psychological barrier of 1.2800, accompanied by positive stimulus from the 50-day moving …

The technical outlook is unchanged, and the pair’s movements did not change significantly, maintaining the expected bullish path after building a good support floor around 1.2760 and, most importantly, 1.2730. Technically, the bullish trend is still valid, depending on the stability of daily trading above the strong support level at …

The Canadian dollar was able to touch the support level as we expected during the previous analysis, around the 1.2710 support level, to return to the bullish rebound stable intraday above the psychological barrier of 1.2800. From the technical analysis point of view today, the bullish trend is still valid …

The Canadian dollar’s movements witnessed a positive trading session within the expected bullish context, touching the official station required for the current ascending wave 1.2840. Technically, the current moves are witnessing a bearish tendency as a result of hitting 1.2840, in addition to the stochastic entering the overbought areas intraday. …

The Canadian dollar started today’s trading session with an upward bias within the expected positive technical outlook, maintaining the intraday stability above the breached resistance level of 1.2730. Technically, the bullish scenario is still valid and effective, based on the positive motive of the 50-day moving average, which meets around …

The Canadian dollar continues to achieve gains within the expected bullish path, after it managed to establish a solid support floor around 1.2590, touching our target at the end of last week’s trading at 1.2770, recording a high around the resistance of the psychological barrier 1.2800. Technically, the bullish scenario …