Chart USD/CAD Update: Extending pressure on 1.3800/25

October 18, 2024 3:35 PM UTC

Little change, as cautious trade extends pressure on resistance at congestion around 1.3800 and the 1.3825 Fibonacci retracement

Chart USD/CAD Update: Immediate gains to remain limited

October 17, 2024 4:11 PM UTC

Consolidation is giving way to a minor test higher

Chart USD/CAD Update: Consolidating - potential for a minor test lower

October 16, 2024 3:15 PM UTC

Little change, as prices extend consolidation 

Chart USD/CAD Update: Consolidating test of strong resistance at 1.3800/25

October 15, 2024 4:11 PM UTC

The test of strong resistance at congestion around 1.3800 and the 1.3825 Fibonacci retracement has been pushed back

Chart USD/CAD Update: Strong resistance at 1.3800/25 - studies rising

October 14, 2024 4:13 PM UTC

Steady USD- and CAD-driven gains are approaching strong resistance at congestion around 1.3800 and the 1.3825 Fibonacci retracement

Chart USD/CAD Update: Extending rally from September low

October 11, 2024 6:54 AM UTC

Still stretching and break above the1.3700 level further extend sharp gains from the 1.3420 September low

Chart USD/CAD Update: Extending gains, but stretched

October 10, 2024 6:47 AM UTC

Still stretching and break above the1.3650 resistance further extend strong gains from the September low to regain the 1.3700 level

Chart USD/CAD Update: Extending gains

October 9, 2024 7:17 AM UTC

Extending gains and break above the September high at 1.3650 see room to the 1.3680/1.3700 resistance

Chart USD/CAD Update: Extending gains from September low

October 8, 2024 6:06 AM UTC

Break above 1.3600 level extending gains from the 1.3420 low see scope for retest of the 1.3650, September high

Chart USD/CAD Update: Sentiment remains cautiously bullish

October 4, 2024 3:46 PM UTC

The anticipated break above 1.3550 has reached 1.3590

Chart USD/CAD Update: Reversal higher in both USD- and CAD-driven trade

October 3, 2024 3:54 PM UTC

Anticipated losses have not been seen

October 2, 2024 3:23 PM UTC

Cautious trade has given way to the anticipated break below 1.3500

October 1, 2024 3:30 PM UTC

Little change, as prices extend cautious trade above congestion support at 1.3500

September 30, 2024 3:38 PM UTC

The anticipated test above 1.3500 has met selling interest around 1.3525

September 27, 2024 3:53 PM UTC

Cautious trade is giving way to a test higher

September 26, 2024 3:34 PM UTC

The bounce from the 1.3420 current year low of 25 September is giving way to choppy trade below congestion resistance at 1.3500

September 25, 2024 3:40 PM UTC

The anticipated test of the 1.3436 monthly low of 28 August has extended to post a fresh 2024 year low around 1.3420

September 24, 2024 3:23 PM UTC

Asterisk denotes strength of level
16:10 BST - Choppy trade around 1.3500 has given way to the anticipated break, with prices currently pressuring support at the 1.3465 weekly low of 6 September in both USD- and CAD-driven trade. Intraday studies are negative and daily readings are also falling, high

September 23, 2024 3:43 PM UTC

Cautious trade has given way to a break lower in CAD-driven trade

September 20, 2024 3:48 PM UTC

Little change, as flat intraday studies keep near-term sentiment cautious

Chart USD/CAD Update: Choppy trade expected to continue higher

January 8, 2024 4:53 PM UTC

16:40 GMT - The anticipated minor test below support at 1.3300 has not been seen, as intraday studies edge higher, with prices once again pressuring congestion resistance at 1.3400. Overbought intraday studies are unwinding, suggesting short-term consolidation around here, before rising daily readin

Chart USD/CAD Update: Limited scope above 1.3600

December 6, 2023 5:22 PM UTC

17:05 GMT - Little change, as mixed/negative intraday studies keep short-term sentiment cautious and extend consolidation around congestion resistance at 1.3600. Oversold daily stochastics are unwinding and the bearish daily Tension Indicator is flattening, suggesting potential for a test above here