resistance. The usdcad pair still stuck between the trend confirmation levels represented.3070 support and.3128 resistance, which makes us continue with our neutrality until the price succeeds to breach. Usdcad achieves good gains Analysis - 05:03:13 GMT (m the usdcad pair provided more positive trading to settle near.3200 barrier, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, organized inside the bullish. Usdcad negotiates the resistance Analysis - 04:42:39 GMT (m). The usdcad pair continues to rise to approach our first waited target.3300, moving inside the bullish channel that reinforces the expectations of achieving more bullish bias in the upcoming. Usdcad approaches the first target Analysis - 05:09:31 GMT (m). Usdcad continues to rise Analysis - 05:03:24 GMT (m the usdcad pair shows more positive trading that moves organized inside the bullish channel, getting positive support by the EMA50, which supports the continuation of the bullish overview on the. The usdcad pair keeps fluctuating between the key levels represented.3090 support and.3128 resistance, and we still waiting to breach one of these levels to detect the next destination. Usdcad awaits the confirmation Analysis - 04:59:03 GMT (m). Usdcad awaits the confirmation Analysis - 05:07:52 GMT (m). Usdcad attempts to breach Analysis - 05:08:26 GMT (m the usdcad pair attempted to breach the key resistance.3128 but without managing to settle above it, as this level forms one of the next trend keys besides.3080 support, waiting to surpass one. Usdcad is stable Analysis - 05:11:24 GMT (m the usdcad pair settles around.3230 since yesterday, and the price still inside the bullish channel that appears on the chart, as the EMA50 continues to protect trading inside this channel, to keep.
The, uS Dollar v/s the, canadian Dollar is a popular currency pair due to the large amount of cross-border trading activity that takes place between The United States and Canada. The Canadian Dollar is often considered a 'Commodity Currency' due to the large deposits of natural resources, especially Oil that is mined and exported from Canada; particularly with their neighbor to the south.
The usdcad pair continues to fluctuate around the key resistance.3128, which represents one of the trend keys besides.3050 support, and as we mentioned in our recent reports, the price needs. Usdcad under the negative pressure Analysis - 05:00:19 GMT (m the usdcad pair could not manage to hold for long time above.3128, to decline and settles below the EMA50, which makes us stay aside again, due to the contradiction between the technical factors. Usdcad awaits the confirmation Analysis - 04:22:47 GMT (m the usdcad pair attempted to breach.3128 level without managing to hold above it, to stay stuck between the trend confirmation levels represented by the mentioned resistance and.3035 support). Usdcad breaches the resistance Analysis - 04:51:44 GMT (m the usdcad pair managed to breach.3128 level and hold with a daily close above it, to activate the bullish trend scenario on the intraday and short term basis, opening the way to target.3200. Usdcad still stuck Analysis - 04:41:02 GMT (m the usdcad pair continues to fluctuate between the trend keys represented.3070 support and.3128 resistance, and as we mentioned in our recent reports, the price needs to breach one of these. Usdcad breaches the resistance Analysis - 04:50:17 GMT (m the usdcad pair managed to breach.3128 level and closed the daily candlestick above it, to activate the bullish trend scenario on the intraday and short term basis, organized by the bullish channel. The Canadian Dollar is often called 'The Loonie' because of the picture depicting a loon on the Canadian 1 coin. The longer term trend.
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