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 ...
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.
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 ...
The USD CAD reached the first objective signaled by its daily closing price reversal bottom formed on September 14 at .9633. Typically, this chart pattern The USD CAD reached the first objective ...
The first instrument is the CAD/CHF, where we have a beautiful ascending triangle pattern. This is promoting a breakout to the upside and it is happening as we speak. Since today, the price couldn’t ...
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