Technical analysis for the AUD/CAD is showing that the price broke down below the previous weekly low, a signal for further downside potential. The first target of this break below…
Read the post
CAD
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,…
Read the post
CAD/JPY Technical analysis, the pair reached the 1st target of the bullish weekly wave and closed with a high-test candle on the weekly chart
Technical analysis for CAD/JPY is showing that the price reached the 1st target of the bullish weekly wave at 1.272 FIB extension at 87.90 and closed with a high-test candle…
Read the post
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…
Read the post
EUR/CAD Technical analysis, the pair broke below the key support level at 1.5050, accelerating the bearish momentum
Technical analysis for EUR/CAD is showing that the price broke below the key support at 1.5050, confirming the 3rd weekly bearish wave. The first target of this bearish weekly wave…
Read the post
AUD/CAD – closed with high-test candle on the monthly chart forming tweezer tops
The pair closed with another high-test candle on the monthly chart, forming tweezer tops. On the weekly chart, the price breaks below the previous weekly closing low, a hint for…
Read the post
CAD/CHF – broke above an important resistance zone on the daily weekly chart
Last week the price broke above a resistance zone which has been holding the bulls since June 2020, the breakout was on both the weekly and the daily chart. The…
Read the post
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…
Read the post
EUR/CAD – TECHNICAL ANALYSIS for 2021
The quarterly and the monthly chart review that the long-term bearish trend has concluded in 2010 with double bottoms and bounce from dynamic support in 2012. That bounce led to…
Read the post
AUD/CAD – TECHNICAL ANALYSIS for 2021
The pair perhaps completed its 3rd bullish wave on the daily chart when it reached the second target of that wave at 1.618 FIB extension around 0.9660. Now the pair…
Read the post
CAD/JPY – TECHNICAL ANALYSIS for 2021
The pair rejected strong support around 75.00 and started a bullish run. At the moment the price is attempting break above both dynamic and horizontal resistance between 81.50 – 82.00….
Read the post
NZD/CAD – TECHNICAL ANALYSIS for 2021
Analyzing the monthly chart we can conclude that the pair is in big range, the bottom of the range is the support between 0.8250 – 08480 and the top of…
Read the post
