Tag Archives: canadian

The Canadian dollar is trying to build on the pivotal demand point published during all reports of the current week, located at the price of 1.2465/1.2460, which is trying to protect the pair from achieving more declines and forcing it to retest the 50-day moving average around 1.2540 resistance level. …

Negative trading dominated the Canadian dollar’s movements, trying to pressure the pivotal support level at 1.2465 to end its daily trading above that level. Technically, there is a conflict in the technical signals between the attempts of the stochastic indicator to obtain positive signals that increase the possibility of an …

The technical outlook is unchanged and the movements of the US dollar against the Canadian dollar did not change significantly, maintaining the same technical conditions of the previous session. Technically, there is a conflict in the technical signals between the RSI attempts to obtain positive signals that increase the possibility …

The Canadian dollar witnessed mixed movements during last week’s trading after hitting the pivotal resistance level at 1.2610. Technically there is a conflict in the technical signals between the RSI attempts to obtain positive signals that increase the possibility of a rise, the attempts of Stochastic to get positive signs, …

Negative trading dominated the movements of the Canadian dollar as we expected, touching the required goal for the bearish technical structure mentioned in the previous analysis at 1.2465, recording its lowest price at 1.2453. Technically, the current moves are witnessing attempts to rebound to the upside as it closed yesterday’s …

Negative trading dominated the movements of the Canadian dollar as we expected to touch the required target for the bearish technical structure mentioned in the previous analysis at 1.2500, recording its lowest price during the early trading of the current session 1.2495. Technically, The negative pressure of the 50-day moving …

 The Canadian dollar managed to achieve the bearish path published during the technical report yesterday, heading towards touching the first target of the previously mentioned bearish technical structure 1.2570, recording its lowest price during the early trading of the current session 1.2545. Technically, and with the continuation of the negative …

The Canadian dollar’s movements witnessed limited positive attempts during the last trading session to hit the resistance level of the psychological barrier 1.2700, unable to breach it until now. Technically, and carefully looking at the 4-hour chart, we notice the beginning of a bearish technical formation that puts the price …

We adhered to intraday neutrality during the previous analysis due to the conflicting technical signals, clarifying that the bearish trend depends on confirming the break of 1.2700 to target 1.2630. As a result, the pair recorded its lowest price at 1.2630. Technically, the bearish technical structure shown on the 240-minute …

The Canadian dollar declined after it hit the resistance of the psychological barrier 1.2800 and failed to stabilize for a long time above it, return to trading with a clear negative and retest the support level of the psychological barrier 1.2700. Technically, by carefully looking at the 4-hour chart, we …