Tag Archives: canadian

The pivotal resistance levels published during the previous analysis, located at 1.3110, managed to limit the bullish tendency and forced the pair to retreat again to touch the target published in the previous analysis, 1.3040, posting a low of 1.3043. Technically, we tend to be negative in our trading, relying …

The pivotal resistance levels published during the previous analysis, located at 1.3110, managed to limit the bullish tendency and forced the pair to retreat again to touch the target published in the previous analysis, 1.3040, posting a low of 1.3043. Technically, we tend to be negative in our trading, relying …

The Canadian dollar maintains its negativity after it encountered a strong resistance level near the psychological barrier of 1.3100, to return to stability once again, intraday below 1.3085. Technically, we tend to be negative depending on the regularity of the movement within the descending price channel, in addition to the …

The Canadian dollar failed to confirm the breach of the resistance level of 1.3120, and the current moves are witnessing stability below the aforementioned level, stabilizing around its lowest level during the early trading at 1.3160. From the angle of technical analysis today, with the stochastic gradually losing the bullish …

The Canadian dollar retreated, maintaining the negative bias, heading to touch the first target to be achieved, located at 1.3045, posting low at 1.3034. Technically speaking, we are biased towards the intraday positivity, depending on the pair’s consolidation above the 1.3030 support floor, in addition to the positive motive for …

The Canadian dollar made positive attempts targeting a retest of the pivotal resistance 1.3120, but was unable to breach it yet. Technically, by looking at the 240-minute chart, we find that the stochastic has started to provide negative signals as a result of entering the overbought phase. Consequently, we will …

The Canadian dollar managed to achieve the negative outlook, as we expected, touching the first target to be achieved mentioned in the previous analysis, at 1.3075, posting a low of 1.3065. Technically, we tend to be negative, relying on the stability of trading below 1.3120 in addition to the clear …

The Canadian dollar is witnessing a slight bearish bias, which is normal after several consecutive sessions of rally, in addition to facing resistance 1.3175 / 1.3170. Technically, we tend to be negative, given the consolidation of trading below the aforementioned level, in addition to some negativity that began to appear …

The Canadian dollar was able to achieve the second target to be touched at 1.3130, to hit a high of 1.3170 during early trading for the session. Technically, the pair was able to surpass 1.3065 resistance and consolidate above, which turned into a support level, in addition to the positive …

Positive trading returned to dominate the Canadian dollar after several consecutive sessions of a strong decline within positive attempts to breach the resistance level at 1.3065. Technically, the simple moving averages started holding the price from the bottom, accompanied by the RSI gaining bullish momentum over the short term. Thus, …