USD/CAD Daily Chart

Price looks strongly consolidated between 1.3280 and 1.3350. Waiting for a breakout, i’m expecting a move to the upside next week.

USD/CAD reacted bearishly to today’s CAD news. The pair is now 1.3335 down from 1.3372. Consolidation continues for now.

USD/CAD had a good week this week. The pair is now trading at 1.3391 and looks prone to continue to the upside.

USD/CAD found support at 1.3224 and is now trading a bit higher at 1.3317. We might see the pair consolidate ahead of today’s US data.

Good move week. I expect the pair to depreciate with about 80-120 pips.

The pair stays well within the range, 1.3500 could act as significant resistance level and follow by 1.36.

The pair is having a decent rally to the upside as bulls are pushing the price with each day. Good res 1.3720.

USD/CAD reaches higher this week despite the depreciation of the US dollar. Uptrend seem intact!

The upward trend seems strong. Expecting it to continue in the next week.

The Canadian dollar posted some gains against the US dollar. I’m expecting the downtrend to continue in the next week.

Very difficult to trade that pair lately.

USD/CAD slightly lower at 1.35, relatively unchanged after the disappointing US data release.

Staying out of this pair at the moment. No clear direction.

USD/CAD continues its bearish trend. Expecting more to the downside today.

Currently out of the trend channel, staying away from this pair for now.

Correction movement continues, CAD remain under pressure. Support level can be found around 1.3160.

I think that the current drop is just the beginning of the move to the downside and its closest target is around 1.3030 - 1.3000.

USD/CAD broke the support at 1.31. Next level would be 1.2915.

I was expecting that the 1.30 level would hold. More potential to the downside imo.

Expecting the move to the downside to end soon. The US dollar appears to be gaining momentum.