Tag Archives: canadian

The Canadian dollar found a strong resistance level around 1.2930, which limited the completion of the bullish correction scenario, as the current moves witness a slight bearish slope within attempts to re-test 1.2850. Technically speaking, we will continue maintaining the bullish correction, depending on trading stability above 1.2850, and generally …

The Canadian dollar showed noticeable gains during the previous trading session, heading for the retest target to be achieved at 1.2940, to record its highest level at 1.2957. Technically speaking and with the pair’s success in surpassing the previous breached resistance level of 1.2770, which has now turned into a …

The support levels published during last week’s reports located at the price of 1.2700 were able to limit the bearish bias that continued for several sessions in a row, to find that the pair succeeded in building a base on the aforementioned level within the bullish correction scenario published during …

The pair found a solid support floor around the support level of the psychological barrier mentioned during the previous analysis at 1.2700, to start its daily trading with a slight upward slope. Technically speaking, we tend to be positive in the coming hours, relying on trading stability above 1.2700 in …

The Canadian dollar was able to achieve the technique of retesting the resistance published during the previous analysis, which we made clear yesterday that we will increase the risk appetite to target 1.2775, recording the highest of 1.2790. Technically speaking, signs of negativity began to appear on Stochastic again and …

The Canadian dollar opened its daily trading within the expected downside direction, trying to break the solid support floor located at 1.2700, unable to break it yet. Technically speaking, and despite the current negative trades, we will expand the risk appetite, and prefer long positions from the current price, depending …

Positive attempts for the Canadian dollar, taking advantage of building a base on the psychological barrier support 1.2700, trying to re-test the resistance level of 1.280 Technically, stability above 1.2720 supports the possibility of the upside, and with a closer look at the chart, we find the RSI indicator started …

Limited positive attempts dominated the Canadian dollar’s ​​movements after it hit the first official target indicated during the last analysis, located at 1.2700. From the angle of technical analysis today, we find that the stochastic gradually started losing the bullish momentum, and we find the simple moving averages continuing their …

The Canadian dollar declined significantly, heading to visit our first target for the current downturn, which was published in all technical reports for the current week at a price of 1.2700, recording a low at 1.2705. On the technical side, and by looking at the 60-minute chart, we find the …

Limited positive attempts for the Canadian dollar are close to the goal of re-testing the resistance at 1.2850, to record its highest level during the previous session at 1.2835. Technically speaking, we find the pair trying to build a support floor around 1.2765, as we find the stochastic indicator trying …