Technical analysis for USD/CAD, the pair broke out above a six months resistance, above the double tops on the daily chart, and above the 0.382 FIB retracement on the weekly…
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USD/CAD - Technical Analysis
We publish our technical analysis for USD/CAD currency pair when we see technical changes in the charts. We focus on breakouts, technical patterns, key support, and resistance levels, combined with a trend/wave-based analysis.
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USD/CAD Technical Analysis, the pair broke below the ascending triangle
Technical analysis for the USD/CAD, the pair broke below the ascending triangle on the weekly chart. The first target for this breakout, the previous weekly low at 1.2450, was reached….
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USD/CAD Technical analysis, the bearish pressure accelerated
Technical analysis for the USD/CAD, the pair broke below the strong support and a double bottom on the daily chart, below 1.2600-1.2620. This breakout started a bearish run. The first…
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USD/CAD Technical Analysis, the pair reached the first target of the daily pullback
Technical analysis for the USD/CAD, the pair reached the first target of the daily pullback at 1.272 FIB extension and the 0.618 FIB retracement at 1.2660. If the USD/CAD pair…
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USD/CAD Technical Analysis, the pair reached the first target of the third weekly bearish wave and started decelerating
Technical analysis for the USD/CAD, the pair reached the first target of the third weekly bearish wave at 1.272 FIB extension at 1.2000 and started decelerating on the weekly chart….
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USD/CAD Technical Analysis, the pair formed double tops on the daily chart rejecting dynamic resistance and broke out of range, a signal for further downside potential
Technical analysis for the USD/CAD pair is showing that the price formed double tops on the daily chart rejecting dynamic resistance on the weekly chart, and breakout below a range,…
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USD/CAD Technical analysis, the price reached the 2nd target of the 3rd bearish wave and support zone and bounced from it
Technical analysis for USD/CAD is showing that the price reached the 2nd target of the 3rd bearish daily wave around 1.2420, it went as low as 1.2365, which is a…
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USD/CAD – TECHNICAL ANALYSIS for 2021
On the monthly chart we can see double tops rejecting key resistance zone around 1.4430 and since then the price broke below, first dynamic support and then strong horizontal support…
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