The USD/CAD has formed inverted head and shoulder bullish pattern. The right shoulder has been formed, however the price could still retrace down before a possible bounce. At this point the price ...
GBP/CAD falls to the lower boundary of a bearish price pattern. A clean break lower could indicate the start of a new downtrending cycle. Joaquin Monfort is a financial writer and analyst with over 10 ...
The GBP/CAD is in Megatrend formation. All short entries starting from March would have been in profits. At this point we scaled out of profits protecting the remainder at BE+1. The pinbar entry which ...
USD/CAD’s about-face has left a Bearish Engulfing pattern lacking confirmation. The impulsive swing higher comes as no surprise given the series of whipsaws over recent weeks. The pair’s tendencies ...
USD/CAD’s impulsive swings have continued with a Piercing Line pattern left in its wake. Yet the key reversal pattern awaits confirmation from a successive up-period to offer a bullish signal. Traders ...
USD/CAD trend since March remains lower Falling wedge may help it buck the trend Pattern is solid, but needs to confirm first Advertisement USD/CAD may soon buck the trend USD /CAD trending lower has ...
EUR/CAD has broken below the base of a multi-month price pattern. It is likely to go lower if the break is decisive and it can pierce below the 200-day SMA. Joaquin Monfort is a financial writer and ...
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 Technical Strategy: Sidelines Preferred Bearish Pattern Emerges On Pullback from 1.0980 Barrier Awaiting Close Below 1.0900 To Open Drop To 1.0854 USD/CAD is in danger of completing a double ...