Tag: canadian dollar

USDCAD looks quite strong after a rally of more than 170 pips. Could this strength be deceptive? Traders may be willing to find out....

USDCAD declined as expected. Another drop-off is probable before the recovery starts. Traders may find this article helpful.  USDCAD was close to 1.10, when...

According to the Elliott Wave Principle, trends move in waves – five waves in the direction of the larger trend, followed by three waves...

On June 4th we showed you a forecast of the USDCAD forex pair, saying that “after the end of wave C, we will be expecting...

“Do not be surprised, if the next move USDCAD makes is to the south.” This is an excerpt from our previous article about USDCAD, which we...

“We expect USDCAD to start rising from current levels. This count would be invalidated, if price falls below the start of the impulsive rally...

On the 30-minute chart of USDCAD we are able to count a clear five-wave impulse in the upward direction, followed by the natural corresponding retracement...

The EURCAD pair finished its ending diagonal at a price of 1.5582 and then declined to 1.5000 in impulsive fashion. Normally, a correction to the upside...

In our previous analysis on USDCAD we were expecting wave 5 to develop, once wave 4 is complete, probably in the form of a triangle....

The US dollar is still going sideways against the Canadian dollar, without making new lows or new highs, which suggests that USDCAD is forming...

An impulsive advance in combination with a flat correction, suggests that USDCAD could go higher. If we add the 38.2% Fibonacci level to the...