GBPCAD has been carving out a descending triangle since early July, with a series of lower highs connected by a falling trend line while a horizontal floor around 1.8726 has repeatedly held as support.
EURCAD has turned lower after failing to sustain its latest push above the 1.6200 major psychological mark, and the pair is now sliding back toward the long-term support zone around the 1.6000-1.6050 psychological area.
EURCAD has broken below a descending trend line that had been guiding the pair lower from the July peak near 1.6269, and price is now attempting to bounce off the 1.6013 low.
CADCHF has formed a series of higher lows connected by a steep rising trend line since breaking out of its earlier basing pattern around 0.5680, and the pair has since rallied sharply to a swing high near 0.5771 before easing off to test support.
EURCAD appears to have carved out a double top chart pattern on the four-hour time frame, with twin peaks forming near the 1.6300 level throughout late June and early July.
AUDCAD has been carving out a symmetrical triangle pattern since mid-May, with a descending trend line connecting lower highs and an ascending trend line connecting higher lows.
USDCAD is trading inside a descending channel with its lower highs and lower lows since June. Price is now testing the channel bottom around 1.4154, which could open the path for a steeper decline or a near-term correction.
AUDCAD has been oscillating within a range on the short-term time frame, with the pair now making its way down to test the floor of the formation around the 0.9750 minor psychological level.