Tag Archives: canadian

The technical outlook remains unchanged, and the pair’s moves have not changed little, maintaining the positive stability in attempts to complete the upward correction. In terms of technical analysis today, the pair continues to get a positive stimulus from the 50-day moving average, in addition to holding above 1.2700. Therefore, …

Positive trading dominated the moves of the Canadian dollar, to complete the minor bullish correction that had previously taken place, benefiting from building on the support floor of 1.2700. From a technical analysis angle, the pair continues to get a positive stimulus from the 50-day moving average, in addition to …

The Canadian dollar was able to trade positively during the previous session within the expected bullish path, touching the target of bullish correction, as we expected at 1.2730. Technically speaking, the current movements are witnessing a slight bearish bias, as a result of the stochastic entering the intraday overbought phase. …

The Canadian dollar starts its daily trading on a slight bullish bias after benefiting from the support level of 1.2570, to trade near its highest level during the morning session at a price of 1.2674. Technically, and with a closer look at the 60-minute chart, we find the 50-day moving …

The Canadian dollar declined significantly within the bearish trend, as we expected, pointing out during the previous analysis that a break of 1.2680 will extend the pair’s losses, targeting 1.2620, a next official station, for the pair to record its lowest price at 1.2605. Technically, the negative aspects are still …

The Canadian dollar failed to hold above 1.2800 for several sessions in a row, as the current moves see a re-test of the 1.2700 psychological barrier support. From the angle of technical analysis, we find that the simple moving averages began to pressure the price from the top, and we …

The Canadian dollar found a strong resistance level near the psychological barrier of 1.2800, which was able to limit the bullish correction mentioned in the previous analysis Technically, and despite the current bearish bias, we tend to be positive, relying on trading stability above 1.2700 / 1.2690 accompanied by stochastic …

The Canadian dollar started its first weekly trading with a noticeable rise within the bullish context, in which we relied on confirming the pair’s breach of the resistance level of 1.2710 to continue its gradual rise. In terms of technical analysis today, after the pair succeeded in establishing a good …

The Canadian dollar declined, cancelling the bullish correction look, as we expected, in which we relied on trading stability above the support floor of 1.2680 touching the stop-loss order at the aforementioned level, as a reminder that we also indicated that any trading below 1.2680 will stop the required upward …

The Canadian dollar is hovering around the support level mentioned in the analysis located at 1.2680, which we showed that it represents the first protection key to maintain the bullish corrective bias. In terms of technical analysis, and despite the technical factors that support the continuation of the decline, we …