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 ...

A Head and Shoulders Top (bearish reversal pattern) appears to be forming on the USD/CAD daily chart. The pattern appears after an uptrend and is defined by three successive peaks, with the middle ...

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 ...

USD/CAD formed a Japanese candlestick reversal pattern on Wednesday. Price could be about to fall in a large ABC or Measured Move price pattern. EUR/USD flirted with 1.1850 before retreating modestly ...

-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.

The USD/CAD pair could potentially resume its upward movement as a falling wedge pattern suggests a bullish reversal signal. A break below the psychological 1.3500 level could lead the pair to test ...

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 ...