Tag Archives: canadian

The technical outlook is the same, and the pair’s movements did not change significantly, maintaining the bullish corrective slope as we expected, so that the Canadian could breach the resistance level published during the previous analysis, located at 1.2330. From the angle of technical analysis today, and with careful consideration …

The Canadian dollar was able to breach the resistance level published during the previous analysis, located at the price of 1.2330, which you mentioned that its breach is a catalyst that enhances the chances of rising to complete the bullish correction with the aim of 1.2410, recording its highest level …

We maintain the same technical conditions for the Canadian dollar as the movements did not change much within attempts to rise within the expected bullish corrective slope. Technically speaking, the Canadian starts attacking the previously broken support-into-resistance level at 1.2330, 50.0% Fibonacci correction. Coming from the 50-day moving average. Therefore, …

The Canadian dollar maintains its bullish corrective bias attempts, built on a support floor near the 1.2240/1.2230 level. Technically, the Canadian starts attacking the previously broken support level, which is now turned to the 1.2330 resistance level, 50.0% Fibonacci correction. Coming from the 50-day moving average. Therefore, the pair’s success …

Positive attempts dominated the Canadian dollar’s movements during yesterday’s trading session, within the bullish context, as we expected, recording its highest level at 1.2340. Technically, the Canadian starts with a slight bullish bias, trying to retest the previously broken support, which is now turned to the 1.2330 resistance level, 50.0% …

Negative trades dominated the movements of the Canadian dollar, and to remind you, we previously mentioned that trading below 1.2300 increases the possibility of retesting the 1.2260 support level before rising again to make the pair succeed in touching the published target, recording the lowest 1.2250. Technically, the Canadian starts …

Negative trading re-dominated the movements of the Canadian dollar during the previous trading session, negates the positive outlook, as we expected, in which we relied on trading stability above 1.2330, to record its lowest level at 1.2301. Technically, and with a closer look at the 4-hour chart, we find that …

The Canadian dollar traded with the first trading of this week within a slight bearish slope, after several consecutive sessions of corrective ascent. From the point of view of technical analysis today, and with careful consideration of the stochastic indicator, we find that the indicator is clearly trading around oversold …

A noticeable bullish push for the Canadian dollar achieved strong gains within the bullish corrective slope, as we expected during the previous analysis, touching the required official target of 1.2465, recording the highest price at 1.3481. Technically, the bullish trend is still a valid scenario, with the pair’s success in …

The Canadian dollar succeeded in completing the bullish correction journey, as we expected during all the reports this week, to reach its highest level at 1.2380. Technically, we find the pair succeeded in establishing a good support floor around 1.2300, accompanied by the positive motive for the 50-day moving average, …