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

November 19, 2024 4:18 PM UTC

The anticipated break below 1.4000 is approaching support at the 1.3958 weekly high of 1-6 November in both USD- and CAD-driven trade

Chart USD/CAD Update: Leaning lower

November 18, 2024 4:36 PM UTC

Consolidation beneath the 1.4100/05 barrier is giving way to a pullback

Chart USD/CAD Update: Pressuring strong resistance at 1.4040/00

November 15, 2024 5:10 PM UTC

Consolidation around the 1.4040 Fibonacci retracement has given way to a fresh test higher

Chart USD/CAD Update: Fresh 2-year highs pressuring strong resistance at the 1.4040 Fibonacci retracement

November 14, 2024 4:55 PM UTC

Cautious trade is giving way to the anticipated break higher

Chart USD/CAD Update: Fresh 2-year highs - strong resistance at the 1.4040 Fibonacci retracement

November 13, 2024 4:59 PM UTC

The test of the 1.3978 year high of October 2022 has been pushed back from a fresh 2024 year high at 1.4000

Chart USD/CAD Update: Balanced beneath marginal fresh year high

November 12, 2024 4:48 PM UTC

Choppy trade has posted a test above the 1.3958 weekly high of 1 November

Chart USD/CAD Update: Extending consolidation below 1.3958 high

November 11, 2024 6:28 AM UTC

Extending choppy trade below the 1.3958 current year high as prices consolidate strong run-up from the 1.3420 low of September

Chart USD/CAD Update: Choppy beneath the 1.3958 current year high

November 7, 2024 4:46 PM UTC

Consolidation following the test of resistance at the 1.3958 current year high of 1 November is giving way to a pullback

Chart USD/CAD Update: Smart reversal consolidating test of the 1.3958 current year high

November 6, 2024 4:56 PM UTC

The anticipated break below 1.3850 has bounced sharply from above congestion support at 1.3800

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

November 5, 2024 4:31 PM UTC

Consolidation around 1.3900 has given way to a sharp break lower in both USD- and CAD-driven trade

Chart USD/CAD Update: Lower from the fresh 2024 year high

November 4, 2024 4:52 PM UTC

The test above the 1.3947 monthly high of 5 August has posted a fresh 2024 year high at 1.3958

Chart USD/CAD Update: Balanced beneath current year highs

November 1, 2024 4:17 PM UTC

Still little change, as prices extend choppy trade beneath strong resistance at the 1.3947 current year high of 5 August

Chart USD/CAD Update: Pressuring current year highs

October 31, 2024 4:56 PM UTC

Little change, as prices extend choppy trade beneath strong resistance at the 1.3947 current year high of 5 August

Chart USD/CAD Update: Higher towards current year highs in CAD-driven trade

October 30, 2024 4:43 PM UTC

No change, as prices extend gains in CAD-driven trade towards strong resistance at the 1.3947 current year high of 5 August

Chart USD/CAD Update: Approaching currently year highs in CAD-driven trade

October 29, 2024 4:52 PM UTC

Consolidation is giving way to fresh CAD-driven gains

Chart USD/CAD Update: Focus on the 1.3900/1.3947 highs

October 28, 2024 8:31 AM UTC

No follow-through on break above the 1.3900 level as prices consolidate strong gains from the 1.3750 congestion

Chart USD/CAD Update: Room for a test higher

October 24, 2024 3:32 PM UTC

Still little change

Chart USD/CAD Update: Potential for a test higher

October 23, 2024 4:08 PM UTC

Little change, as prices extend cautious trade around 1.3840

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

The anticipated minor test below support at 1.3300 has not been seen

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