Category Archives: USDCAD Outlook

USD/CAD stayed in consolidation from 1.3327 last week and outlook is unchanged. Initial bias remains neutral this week first. Downside of retreat should be contained above 1.3190 support to bring another rise. On the upside, break of 1.3327 will resume the rise from 1.3042 to 1.3347/82 resistance zone. Firm break there will suggest completion of…

Daily Pivots: (S1) 1.3272; (P) 1.3286; (R1) 1.3294; More… Intraday bias in USD/CAD remains neutral as consolidation from 1.3327 is extending. In case of deeper retreat, downside should be contained by 1.3190 support bring rise resumption. On the upside, break of 1.3327 will resume the rise from 1.3042 to 1.3347/82 resistance zone. Firm break there…

Daily Pivots: (S1) 1.3264; (P) 1.3277; (R1) 1.3294; More… USD/CAD is staying in consolidation from 1.3327 and intraday bias remains neutral first. In case of deeper retreat, downside should be contained by 1.3190 support bring rise resumption. On the upside, break of 1.3327 will resume the rise from 1.3042 to 1.3347/82 resistance zone. Firm break…

Daily Pivots: (S1) 1.3255; (P) 1.3286; (R1) 1.3301; More… Intraday bias in USD/CAD remains neutral as consolidation form 1.3327 is extending. In case of deeper retreat, downside should be contained by 1.3190 support bring rise resumption. On the upside, break of 1.3327 will resume the rise from 1.3042 to 1.3347/82 resistance zone. Firm break there…

Daily Pivots: (S1) 1.3284; (P) 1.3301; (R1) 1.3318; More… USD/CAD is staying in consolidation from 1.3327 temporary top and intraday bias remains neutral for the moment. Another retreat might be seen, but downside should be contained by 1.3190 support to bring another rally. On the upside, break of 1.3327 will target 1.3347/82 resistance zone. Firm…

Daily Pivots: (S1) 1.3191; (P) 1.3214; (R1) 1.3227; More… No change in USD/CAD’s outlook and intraday bias remains neutral first consolidation first. Downside should be contained by 1.3159 minor support to bring another rally. On the upside, above 1.3270 will target 1.3347/82 resistance zone. Firm break there will suggest completion of consolidation from 1.3664. However,…

Daily Pivots: (S1) 1.3210; (P) 1.3231; (R1) 1.3245; More… Intraday bias in USD/CAD remains neutral for consolidations. Downside Downside should be contained by 1.3159 minor support to bring another rally. On the upside, above 1.3270 will target 1.3347/82 resistance zone. Firm break there will suggest completion of consolidation from 1.3664. However, break of 1.3159 will…

Daily Pivots: (S1) 1.3270; (P) 1.3286; (R1) 1.3317; More… Intraday bias in USD/CAD remains neutral for consolidation below 1.3327 temporary top. Downside of retreat should be contained by 1.3190 support to bring another rally. On the upside, break of 1.3327 will target 1.3347/82 resistance zone. Firm break there will suggest completion of consolidation from 1.3664.…

USD/CAD’s rally from 1.3042 extended to as high as 1.3327 last week before forming a temporary top there and retreated. Initial bias is neutral for some consolidations first. Downside should be contained by 1.3190 support to bring another rally. On the upside, break of 1.3327 will target 1.3347/82 resistance zone. Firm break there will suggest…

Daily Pivots: (S1) 1.3261; (P) 1.3293; (R1) 1.3316; More… USD/CAD is losing some upside momentum as seen in 4 hour MACD. But further rise is expected as long as 1.3190 support holds. Current rise from 1.3042 is targeting 1.3347/82 resistance zone. Firm break there will suggest completion of consolidation from 1.3664. In the bigger picture,…

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