USDCAD Outlook

usd/cad-each-day-outlook

18 Mar: USD/CAD Each day Outlook

Daily Pivots: (S1) 1.3518; (P) 1.3535; (R1) 1.3560; More… Intraday bias in USD/CAD remains mildly on the upside at this point. Further rise should be seen to retest 1.3605 resistance first. Firm break there will resume whole rally from 1.3176. On the downside, however, break of 1.3458 minor support will turn bias back to the

usd/cad-weekly-outlook

16 Mar: USD/CAD Weekly Outlook

USD/CAD’s rebound from 1.3419 extended higher last week and the development suggests that corrective pullback from 1.3605 has completed. Initial bias remains on the upside this week for retesting 1.3605 resistance first. Decisive break there will resume whole rally from 1.3176. On the downside, however, break of 1.3458 minor support will turn bias back to

usd/cad-each-day-outlook

15 Mar: USD/CAD Each day Outlook

Daily Pivots: (S1) 1.3482; (P) 1.3511; (R1) 1.3563; More… USD/CAD’s break of 1.3524 minor resistance suggests that pull back from 1.3605 has completed at 1.3419 already. Also, rise from 1.3176 is in progress. Intraday bias is back on the upside for retesting 1.3605 resistance first. Firm break there will resume whole rally from 1.3176. On

usd/cad-every-day-outlook

14 Mar: USD/CAD Every day Outlook

Daily Pivots: (S1) 1.3453; (P) 1.3476; (R1) 1.3494; More… No change in USD/CAD’s outlook and intraday bias stays neutral. On the downside, break of 1.3419 and sustained trading below 1.3439 support will argue that rebound from 1.3176 has completed as a corrective move to 1.3605. Near term outlook will be turned bearish for 1.3357 support

usd/cad-every-day-outlook

13 Mar: USD/CAD Every day Outlook

Daily Pivots: (S1) 1.3463; (P) 1.3495; (R1) 1.3522; More… Intraday bias in USD/CAD remains neutral for the moment. On the downside, break of 1.3419 and sustained trading below 1.3439 support will argue that rebound from 1.3176 has completed as a corrective move to 1.3605. Near term outlook will be turned bearish for 1.3357 support first.

usd/cad-every-day-outlook

12 Mar: USD/CAD Every day Outlook

Daily Pivots: (S1) 1.3465; (P) 1.3488; (R1) 1.3505; More… Intraday bias in USD/CAD stays neutral and outlook is unchanged. On the downside, break of 1.3419 and sustained trading below 1.3439 support will argue that rebound from 1.3176 has completed as a corrective move to 1.3605. Near term outlook will be turned bearish for 1.3357 support

usd/cad-day-by-day-outlook

11 Mar: USD/CAD Day by day Outlook

Daily Pivots: (S1) 1.3439; (P) 1.3469; (R1) 1.3517; More… Intraday bias in USD/CAD remains neutral for the moment. On the downside, break of 1.3419 and sustained trading below 1.3439 support will argue that rebound from 1.3176 has completed as a corrective move to 1.3605. Near term outlook will be turned bearish for 1.3357 support first.