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# 1.35375 has been working as a level of resistance # The sellers may go short below 1.34850 USDCAD made a good bearish move in the H4 chart. The pair had a bounce at 1.34850 and made a bullish correction. The pair has been traded around the level of 1.35375. The H4 chart shows that the price...

# 1.37000 has been working as a level of resistance # The pair may get choppy within 1.37000- 1.35300 USDCAD seems to have found its resistance at 1.37000. The pair had several rejections at the level. At its last rejection, it produced a bearish engulfing candle. However, the pair did not...

# 1.35700 may work as a level of resistance # 1.34000 may hold the price as a level of support USDCAD made a significant bearish move by making a bearish breakout at 1.35700. The pair is traded around the level as of writing. The sellers may keep their eyes in the pair to get a bearish...

# 1.36700 has been working as a level of resistance. # 1.36000 may hold the price as a level of support. # A bullish trend line is in play. The pair has been very bullish in the H4 chart. It seems to have found its resistance around 1.36700. Upon having a rejection, it produced two...

# 1.35000 has been breached and it now may hold the price as support # 1.40000 may work as a level of resistance USDCAD made a very significant breakout at 1.35000. The H4 chart shows that the price produced consecutive H4 bullish candles and made the breakout with a bullish Marubozu candle...

# 1.34500 has been working as a level of resistance # Keep an eye at 1.34000 to get a bearish reversal candle # A bearish breakout below 1.33550 may make it bearish USDCAD found its resistance around 1.34500 and made a bearish move. The pair had a bounce at 1.33500. It may consolidate now...

# 1.32300 has been working as a level of support # A bearish trend line is in play # Pair may find its next support at 1.31500 USDCAD after being bearish in the H4 chart has been traded around the level of 1.32300. The price has found its resistance around 1.33200. If the level produces a...

# Support level 1.35300 got breached by the price. # The level of 1.31500 may work as the next support. USDCAD made a very significant bearish breakout at 1.35300. As of writing, the pair is traded below the level. Thus, the sellers may keep their eyes in the pair to go short. The price seems...

Keep an eye at horizontal support 1.35300 The bearish trend line gets stronger In our last analysis, we saw that USDCAD made a bearish move by producing a trend line last week. The price had rejection twice at two points that can be used to draw the trend line with some adjustments. This means...

USDCAD was bearish by obeying a bearish trend line last week. The price did not obey the trend line but moved towards the North to extend its bullish correction. It then found its resistance and made a strong bearish move. The H4 chart shows that another bearish trend line can be drawn, which...

USDCAD made a bearish move followed by a bullish correction. The price had rejection twice at a down trending trend line. At the second rejection, it did not produce any bearish momentum. In fact, the pair is traded around that trend line. If the trend line produces a bearish reversal candle...

USDCAD is traded within a triangle in the H4 chart. The price had several rejections at 1.28450. At the last rejection, it made a good bearish move, but moved towards the North by obeying an up trending trend line. If the price gets bearish and makes a breakout at the trend line, the sellers may...

USDCAD made a strong bullish move in the H4 chart. In our last analysis, we saw that a bullish trend line pushed the price towards the North. The trend line still holds the price as a support. However, the price had a rejection at 1.38000. If the price gets rejected again at the same level and...

USDCAD has been bullish in the H4 chart. The price has been moving towards the North by obeying an up trending trend line. The buyers may wait for the price to make a bearish correction and produce a bullish reversal at the trend line’s support. The H4 chart shows that the price has enough space...

As expected, USDCAD made a good bearish move from the resistance level that we marked in our last week’s analysis. The pair found its support at 1.29600 and made a very strong bullish move. As of writing, the pair is traded around 1.31900. It has become a stronger resistance. However, if we...

USDCAD produced a Double Bottom in the H4 chart at 1.31000 and made a bullish move. The pair is traded around 1.32000. It is a very significant level since the price had a rejection at the level earlier. If the level works as a level of resistance and produces a bearish reversal candle, the...

USDCAD has been up trending in the H4 chart. The price has been obeying an up trending trendline. The price seems to have found its support at the trendline several times. It produced a Double Bottom and made a strong bullish move. Upon producing an ABC pattern, it moved towards the North again...

USDCAD made an interesting bearish move in the H4 chart. The price was heading towards the North by obeying an up trending trend line. It made a bearish breakout yesterday. The pair is traded below the trend line. The price has been having a bullish correction around the resistance of that trend...

USDCAD made a good bearish move in the H4 chart. The price consolidated around 1.29250 and headed towards the South upon making a breakout at consolidation support. The level of 1.28330 seems to be working as a level of support. If the price makes a bearish breakout, the pair may continue its...

USDCAD made a bearish move and found its support around 1.28400 in the H4 chart. The price has been having a bullish correction. As of writing, the price is within a range in the H4 chart. If the price makes a bullish breakout at the resistance, the correction may continue and find its...