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 ...

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.

Kaye Lee is enjoying holiday for the week ahead and new articles may appear less frequently during this time. The normal publication schedule will resume shortly after April 10. Textbook Elliott wave ...

USD/CAD has gained nearly 450 pips since the Fed announced their recent round of rate hikes in December. Though the pair has run into some structural resistance, namely the November 2016 highs, it ...

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 ...

Hi traders, The CAD/JPY has formed a T-89 pattern at W L3/ D H3 support so we might see a further upside continuation. T-89 is my proprietary pattern that The CAD/JPY has formed a T-89 pattern at W L3 ...

Autochartist recently identified the Rising Wedge chart pattern on the 4-hour USD/CAD charts. Autochartist rates the overall Quality of this chart pattern at the 5 bar level which reflects the ...

USD/CAD has vaulted back above the 1.1220 mark leaving a Bullish Engulfing formation in its wake. Confirmation of the reversal signal from a successive up-day would suggest a potential revisit of the ...

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 ...