Tag Archives: canadian

The technical outlook remains unchanged, and the pair’s movements have not changed little to keep the bearish path after finding a strong resistance level near 1.3065 / 1.3070. Technically Speaking, and with a closer look at the 60-minute chart, we find there are limited positive attempts from the RSI, and …

The negative moves dominated the currency pair, as we expected yesterday, to touch the second target to be achieved at 1.2945, posting a low of 1.2928. Technically, looking at the 60-minute chart, we find limited positive attempts from the RSI, on the other hand, we find the stochastic is still …

The Canadian dollar retreated after it failed to maintain above the support level of 1.3080, as the current moves witness a bearish bias around the 1.3000 barrier. Technically, looking at the chart, we will tend to be negative depending on the regularity of the movement within the descending price channel …

The positivity dominated the Canadian dollar’s movements after it managed in building a strong base at 1.3240. Technically, we find that the 50-day moving average is holding the price, with the RSI above its mid-line on short intervals. We think that there is a possibility to continue the upside, and …

The Canadian dollar was trading in a positive range after it succeeded in confirming the breach of the 1.3330 resistance level, to consolidate its gains near the psychological barrier of 1.3400. Technically, we believe that the continuation of the rally is intact, given the positive stimulus from the 50-day moving …

The pair succeeded in achieving the expected positive outlook, and touched the target published in the previous analysis at 1.3300, to hit a high of 1.3335. Technically, looking at the 60-minute chart, we see the RSI indicator starting to lose bullish momentum with the stochastic entering overbought areas. We think …

The support levels published in the previous analysis at 1.31 capped the bearish tendency, so that the pair managed in retesting the first target. Technically speaking, the current moves are witnessing a bullish slope with the positivity from Stochastic and the RSI indicator stable above the mid-line for short time …

Positive trading dominated the Canadian yesterday, targeting a re-test of 1.3220 resistance, posting a high of 1.3225. Technically, and looking at the chart, we see that there are some negative signs on the stochastic, in conjunction with the RSI indicator losing its bullish momentum over the short time periods. From …

The technical outlook remains unchanged, and the pair’s movements have not changed little in attempts to obtain a positive signal. Technically, and by looking at the 60-minute chart, we find the 50-day moving average is trying to push the price to the upside in conjunction with the RSI gaining an …

The Canadian dollar witnessed a slight bullish bias yesterday, taking advantage of the 1.3000 support level to retest the 1.3165 resistance level. Technically and by looking at the 60-minute chart, we find the 50-day moving average trying to push the price to the upside in conjunction with the RSI gaining …