USD/CAD’s impulsive swings have continued with a Piercing Line pattern left in its wake. Yet the key reversal pattern awaits confirmation from a successive up-period to offer a bullish signal. Traders ...
We can see that the price is breaking below the neckline. Shoulder Head Shoulder bearish pattern is in progress. Any retest of the trend line might be used by bears to reject the price lower again.
USD/CAD is attempting to break out of a triangle price pattern and push higher. A decisive breakout would reaffirm 2024’s uptrend and begin a new more bullish phase. USD/CAD is pushing up against the ...
The early portion of the North American trading session has concentrated more on earnings in the equity market and happenings in Asia and Europe than anything policy or data driven in its own stomping ...
USD/CAD continues to whipsaw wildly in intraday trade which has done little to confirm a Bearish Engulfing pattern on the daily. Yet downside risks may remain for the pair while sub the 1.1220 ceiling ...
Following the trendline breakout at the end of July and rally to just above the 1.3900 mark, USD/CAD has been stuck in a range. We do have the formation of a head and shoulder pattern, which has now ...
- Canada Gross Domestic Product (GDP) to Contract for First Time Since 2Q 2015. - 1.5% Contraction Would Mark Biggest Slowdown Since 2Q 2009. For more updates, sign up for David's e-mail distribution ...
Chart Patterns are known to be the best market analysis mechanisms. Well, we got one here: A Descending Channel pattern appeared at the EUR\CAD; Pattern is extremely strong, as price respected the ...
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