Tag Archives: canadian

The Canadian dollar succeeded in establishing a solid support floor around the support level published during the previous analysis at 1.2610, to return to stability above the resistance level of 1.2670. Technically speaking, and with a look at the chart, we find the 50-day moving average that supports the bullish …

Negative trading continues to control the Canadian dollar’s ​​movements within the expected bearish path, touching the first target to be achieved yesterday at 1.2635 and approaching a few points difference from the second official target of 1.2600, recording the lowest price during the Asian session for the current session at …

The Canadian dollar reversed the suggested upward correction during the previous analysis, after it hit the first goal of 1.2750, recording a high of 1.2763. Technically speaking, with the pair’s failure to breach the resistance level at 1.2750, in addition to the intraday stability below 1.2710 accompanied by the loss …

The Canadian dollar succeeded in touching the first target to be achieved during the previous report, located at 1.2675, to record its lowest price during the previous trading session of 1.2660. From a technical view, the pair found a good support floor represented by our previous target, to start its …

The Canadian dollar came under selling pressure during the previous trading session within the expected negative outlook, in which we depended on the breach of the support level of 1.2710, heading for touching our first target of 1.2670, recording a low of 1.2674. Technically, and with a closer look at …

The technical outlook remains unchanged, and the pair’s movements have not changed significantly, maintaining the expected bearish bias. Technically speaking, the negative pressure from the 50-day moving average supports the continuation of the decline, in addition to trading stability below the extended resistance level of 1.2765 / 1.2780. Therefore, our …

The Canadian dollar retreated, achieving the negative outlook, as we expected, in which we relied on the bearish technical structure mentioned during the previous analysis, touching our required target of 1.2710. Technically, the negative pressure from the 50-day moving average supports the continuation of the downside, in addition to trading …

The Canadian dollar failed to maintain the trading level above the pivotal resistance at 1.2850, which was previously the first target of the aforementioned upward correction, as the current moves in the pair witness stability below the aforementioned level, in addition to the stability of intraday trading below 1.2790. Technically …

The Canadian dollar maintained its bullish bias within the bullish correction, as we expected establishing a good support floor around 1.2760 / 1.2750, touching the first bullish correction target of 1.2850, recording its highest level at 1.2847. Technically speaking, and with a closer look at the chart, we find the …

The Canadian dollar managed to retest the support level 1.2760, to start its daily trading positively again. Technically, we find the pair maintains positive stability above the support floor of 1.2760 supported by the stochastic obtaining signs of a positive crossover, coinciding with the current attempts of the RSI to …