Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Automate trades with Mirror Trader and see ideas on other USD crosses -USDCAD has pulled back from the line that crosses the July and August ...

-As noted last week, the USD/CAD reversal from above 1.3200 “dampens near term bearishness and warns that the decline from March is complete in 3 waves.” A bullish USD/CAD doesn’t jive with a broader ...

-“Despite extremely high RSI readings on the daily (above 85 the last several days), respect upside while above 1.42 (daily close basis). This level marks the top side of former channel resistance. A ...

USDCAD has reached the bottom trend line of the ascending price channel on its daily chart which acts as support for the upside movement. As long as the USDCAD has reached the bottom trend line of the ...

USD/CAD may find a primary barrier at the nine-day EMA of 1.4059. The 14-day Relative Strength Index has slipped to a neutral 49.00, indicating a fading bullish impulse. The primary support lies ...

-“The reaction lower after the test of the November high has dropped into support from the channel median line so upside resumption is possible immediately. The other level to be aware of for support ...

Automate trades with Mirror Trader and see ideas on other USD crosses -“Despite extremely high RSI readings on the daily (above 85 the last several days), respect upside while above 1.42 (daily close ...