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Posted on May 23, 2013 in USDCAD |

USDCAD Analysis 2013-05-23

Currently, further bullish actions could be seen on USDCAD.
A break below (1.0236) could be a threat to the bullish scenario targeting (1.0272) even (1.0262).
On upside. Immediate resistance is at (1.0386). A close above that area should keep the major bullish scenario intact testing (1.0472) area.

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Posted on May 22, 2013 in USDCAD |

USDCAD Analysis 2013-05-22

Currently, further bullish actions could be seen on USDCAD.
A break below (1.0231) could be a threat to the bullish scenario targeting (1.0206) even (1.0152).
On upside. Immediate resistance is at (1.0295). A close above that area should keep the major bullish scenario intact testing (1.0320) area.

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Posted on May 21, 2013 in USDCAD |

USDCAD Analysis 2013-05-21

We see high chances of the pair move up gradually towards (1.0285 – 1.0295).
A proper confirmation would occur if the USDCAD will manage to overcome the (1.0262) resistance over today`s trading session.

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Posted on May 20, 2013 in USDCAD |

USDCAD Analysis 2013-05-20

We see high chances of the pair move up gradually towards (1.0309 – 1.0319).
A proper confirmation would occur if the USDCAD will manage to overcome the (1.0292) resistance over today`s trading session.

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Posted on May 17, 2013 in USDCAD |

USDCAD Analysis 2013-05-17

We can say that additional bullish movements could be seen during current session, particularly if it succeeded to stabilize above (1.0138) zones.
A proper confirmation would occur if the USDCAD will manage to overcome the (1.0206) resistance.

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