Following the trendline breakout at the end of July and rally to just above the 1.3900 mark, USD/CAD has been stuck in a range. We do have the formation of a head and shoulder pattern, which has now ...

USD/CAD has proven a frustrating pair after staging a false breakout below 1.0900. With a Bullish Engulfing pattern now evident on the daily; there are signs of a potential bounce to former ...

How and Why to Invest in ETFs: Demystifying the Vehicle Taking Markets by Storm The USD/CAD has formed inverted head and shoulder bullish pattern. The right shoulder has been formed, however the price ...

-USD/CAD appears to be in an extended 3rd wave -Fourth wave correction to near 1.3473 may offer support for bullish traders -Target 1.3650 with risk near 1.3430 USD/CAD has gained nearly 450 pips ...

We can see that the price is breaking below the neckline. Shoulder Head Shoulder bearish pattern is in progress. Any retest of the trend line might be used by bears to reject the price lower again.

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 ...

The yen is currently bulldozing the USD and as a result speculation about the reaction of the Bank of Japan has become front page news. Setting speculation about the BOJ’s chances of intervening aside ...

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