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Canadian Dollar Price Chart: USD/CAD Breakdown Plummets into Support

The Canadian Dollar has already covered the entire August range after USD/CAD reversed sharply from key resistance last week. The decline is now testing initial support and while the US Dollar could see some near-term recovery, the broader outlook remains weighted to the downside. These are the updated targets and invalidation levels that matter on […]
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Near-term Trade Setups in USD/CAD and AUD/USD

Review this week’s Strategy Webinar for an in-depth breakdown of this setup and more. USD/CAD 240min Price Chart In this week’s Canadian Dollar Price Outlook we noted that, “From a trading standpoint, the near-term risk is weighted to the downside after Friday’s reversal but initial monthly-open support rests just lower at 1.3388.” A brief stint […]
Weekly Trade Levels for Euro, Sterling, Loonie, Aussie, Gold & Oil

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