Tag Archives: canadian

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 …

The Canadian dollar continues its attempts to maintain the positive stability above the support level of 1.2710 for the third session in a row. Technically speaking, we find the pair maintains positive stability above the support floor of 1.2710 supported by the stochastic obtaining signs of a positive crossover, coinciding …

The technical outlook remains unchanged, and the pair’s movements have not changed significantly, preserving positive stability. Technically, we find the pair maintains positive stability above the support floor of 1.2710 supported by the stochastic obtaining signs of a positive crossover, coinciding with the positive stimulus coming from the simple moving …

The Canadian dollar succeeded in touching the target of the upside correction mentioned in the previous analysis, located at 1.2880, to record it’s high at 1.2875. Technically speaking, we find that the pair maintains positive stability above the support floor of 1.2710 supported by the stochastic obtaining signs of a …

Positive trading dominated the Canadian dollar within the bullish technical correction, as we mentioned during the previous analysis, touching the aforementioned first correction target of 1.2830, recording its highest level during early trading for the current session 1.2836. Technically speaking, and with the pair’s success in stabilizing, intraday, above the …