USDCAD: Long Trade Setup

Check July Performance and all Active Positions here. USDCAD is holding up pretty strongly immediately recovering after hitting 50% Fibonacci. Such an immediate reversal is always bullish on the short term, especially when the medium term trend is bullish. For this...

USDCAD: Targeting 1.34 within days

Yesterday we posted our weekly analysis of USDCAD which you can review here. We stated that 1.265 should not be breached and as expected USDCAD bottomed right above that level at 1.267. The upmove that followed is impulsive and we expect a 5th wave up targeting...

USDCAD Weekly Analysis (June 20-26)

USDCAD Daily Chart – June 22, 2016 In the above daily chart, we expect USDCAD to test 1.33 – 1.35 price area in order to complete the intermediate corrective red (B) wave. Immediately after the end of red wave (A), USDCAD rallied from 1.25 to 1.32 with 3...
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