Forex Analysis for USD/CAD
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21.01.2021AUDUSD, “Australian Dollar vs US Dollar”As we can see in the H4 chart, AUDUSD is forming a new local correction after a divergence on MACD. The current rising impulse is heading towards the high at 0.7820, a breakout of which will lead to a further growth to reach the long-term 50.0% fibo ...
21.01.2021
5
20.01.2021USDJPY, “US Dollar vs. Japanese Yen”As we can see in the H4 chart, after making several attempts to fix above the 200-day Moving Average, USDJPY is still moving very close to it. In this case, the price expected to try to break 2/8 and then continue growing towards the resistance at 3/8. H...
20.01.2021
1
20.01.2021USDCAD, “US Dollar vs Canadian Dollar”As we can see in the H4 chart, the descending tendency continues. Right now, after forming an Engulfing reversal pattern not far from the resistance level, USDCAD may reverse in the form of another descending impulse. Later, the asset may continue fall...
20.01.2021
5
15.01.2021USDCAD, “US Dollar vs Canadian Dollar”As we can see in the H4 chart, the pair is forming another correctional wave. Right now, after forming a Harami reversal pattern not far from the support level, USDCAD may reverse in the form of another pullback. Later, the asset may continue falling w...
15.01.2021
5
Technical analysis USD/CAD pulled back from the support of 1.2665. However, after a short jump the pair is likely to start falling again as both short- and long-term trends are downward. If the loonie manages to break through the support of 1.2665, the way down to the low of January 6 at 1.2650 will...
14.01.2021
15
Technical analysis USD/CAD pulled back from the support of 1.2665. However, after a short jump the pair is likely to start falling again as both short- and long-term trends are downward. If the loonie manages to break through the support of 1.2665, the way down to the low of January 6 at 1.2650 will...
14.01.2021
3
14.01.2021AUDUSD, “Australian Dollar vs US Dollar”As we can see in the daily chart, the long-term rising tendency continues; the pair has already broken 38.2% fibo and right now it trying to fix above it to continue growing towards 50.0% fibo at 0.8292. However, at the same time, there is a divergen...
14.01.2021
2