Tag Archives: canadian

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, …

Positive trading dominated the movements of the Canadian dollar to complete the bullish corrective slope, as we expected, touching the first official target for the bullish correction 1.2195, recording its highest level at 1.2204. Technically, the stability of the intraday trading above the previously breached resistance 1.2140 supports the continuation …

The technical outlook is unchanged, and the pair’s movements did not change significantly, maintaining the bullish corrective slope within the expected bullish context. Technically, by looking at charts, we find the pair succeeded in building support at 1.2100/1.2090, accompanied by positive signs from the RSI gaining more bullish momentum. Therefore, …

Positive trading dominated the movements of the Canadian dollar during the previous trading session, touching the target of the bullish corrective slope published during the previous analysis at 1.2170, to record its highest level at 1.2177. Technically, and with careful consideration of the chart, we find that the pair succeeded …

The technical outlook is unchanged, and the pair’s movements have not changed significantly, within attempts to maintain the bullish correction tendency, setteled above 1.2030 and most importantly 1.2000. Technically, stochastic is still trying to provide positive signals to get additional momentum. Therefore, the bullish bias is likely today, targeting 1.2125, …

The Canadian dollar was able to build on the strong support floor mentioned during the technical reports issued over the past week at 1.2060, in addition to establishing a solid support floor around 1.2000, heading to touch the bullish corrective slope target 1.2130. Technically, the pair continues to obtain positive …

The technical outlook is unchanged, and the pair’s movements have not changed significantly, maintaining the same technical conditions. From the technical analysis point of view today, and by looking at the 60-minute chart, we are inclined to the positivity, relying on the attempts of the RSI to gain bullish momentum, …

The Canadian dollar was able to rise well within the bullish corrective slope published in the last analysis, through which we targeted 1.2150 to record the highest level at 1.2135. Technically, and by looking at the 60-minute chart, we are inclined to the positivity, relying on the attempts of the …

The Canadian dollar was able to build on the pivotal support floor located at the price of 1.2030 to return to trading within the suggested bullish corrective slope during the previous analysis, in which we relied on breaching 1.2070, touching the first target of 1.2100, heading to visit the second …

Trades tended to the positive within the expected bullish corrective tendency during the previous session, approaching by a few points from the required target 1.2100, to record the highest at 1.2093. Technically, the pair found a strong resistance level represented by our target, which forced the pair to trade negatively …