Categories
Analysis Technical analysis

USDCAD 28.07.2021

Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 1.26289-1.26114 and it has a potential to reach the target zone №2 1.24559-1.24388. The best prices to try to have a short position are the control resistance zone 1.27182-1.27004. In case of the price is fixed upper the control […]

Categories
Analysis Technical analysis

USDCAD 21.07.2021

Medium-term trend: Bullish The bull market is continuing. The price has already reached the target zone №1 1.27862-1.27682 and it is going to the target zone №2 1.29686-1.29501. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1.26289-1.26114. In case of the […]

Categories
Analysis Market overview

USDCAD overview 19.07.2021

USDCAD surges on risk-off sentiment. USDCAD under the immense bullish pressure today made out of the two separate forces – the strong USD inflows and the equally strong CAD outflows. Both of these powerful trade flows are due to the markets switching into the large-scale risk-off mode on the accelerating Delta variant cases worldwide – […]

Categories
Analysis Technical analysis

USDCAD 13.07.2021

Medium-term trend: Bullish The bull market is continuing. The price has already reached the target zone №1 1.26089-1.25914 and it is going to the target zone №2 1.27862-1.27682. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1.24180-1.24011. In case of the […]

Categories
Analysis Technical analysis

USDCAD 06.07.2021

Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 1.23177-1.23010 and it has a potential to reach the target zone №2 1.21530-1.21368. The best prices to try to have a short position are the control resistance zone 1.24364-1.24194. In case of the price is fixed upper the control […]

Categories
Analysis Market overview

USDCAD overview 05.07.2021

USDCAD rises on CAD weakness. USDCAD under the bullish pressure today as the result of the strong bearish Canadian dollar sentiment seen across the fx markets today – as trader attention turned to the release of the summer issue of the Bank of Canada’s Business Outlook Survey. The Business Outlook Survey is due for release […]

Categories
Analysis Technical analysis

USDCAD 28.06.2021

Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 1.23177-1.23010 and it has a potential to reach the target zone №2 1.21530-1.21368. The best prices to try to have a short position are the control resistance zone 1.24364-1.24194. In case of the price is fixed upper the control […]

Categories
Analysis Technical analysis

USDCAD 18.06.2021

Medium-term trend: Bullish The bull market is continuing. The price has already reached the target zone №1 1.23556-1.23388 and it is going to the target zone №2 1.25528-1.25086. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1.22114-1.21951. In case of the […]

Categories
Analysis Market overview

USDCAD overview 15.06.2021

Canadian dollar falls as copper prices slide. USDCAD under the bullish pressure today under the effect of the strengthening bearish Canadian dollar sentiment as the copper prices fell to seven-week lows. Copper fell 3.6% as traders cut bets on higher prices due to growing concerns that China, which is top consumer of copper, would soon […]

Categories
Analysis Technical analysis

USDCAD 11.06.2021

Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 1.21404-1.21242 and it has a potential to reach the target zone №2 1.19804-1.19646. The best prices to try to have a short position are the control resistance zone 1.21899-1.21736. In case of the price is fixed upper the control […]