USD/CAD could test the lower boundary of the rising channel, potentially rebounding to re-enter the rising channel. Further movements on the 14-day RSI will provide a clearer directional indication.

USDCAD has reached the bottom trend line of the ascending price channel on its daily chart which acts as support for the upside movement. As long as the USDCAD has reached the bottom trend line of the ...

The USD/CAD pair grapples to return to the ascending channel as bullish bias is in play. The 14-day RSI hovers near the 70 mark, suggesting overbought conditions and a potential downward correction ...

The USD/CAD has been trading in a falling channel seen in the 4H chart since marking a new high on the year at 1.1466 earlier in November. A Falling Channel: In the 4H chart we saw can see price ...

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 ...

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Automate trades with Mirror Trader and see ideas on other USD crosses -“The manner in which USDCAD turned up from the June low (near long ...