NZD/CAD Long-Term Bearish Trend Line Pullback
NZDCAD has been trending lower and forming lower highs connected by a falling trend line that’s been holding since October last year. Price looks ready for another test of this resistance soon.
Posts Tagged: canada cpi
AUD/CAD Descending Triangle Breakout Due?
AUDCAD has formed lower highs and found support around the .9050 minor psychological mark, creating a descending triangle on its hourly time frame. Price just…
CAD/JPY Ascending Trend Channel Resistance
CADJPY has formed higher lows and higher highs connected by an ascending trend channel that’s been holding since the start of the year. Price is…
CAD/JPY Rising Wedge Ahead of Canada’s CPI Report
CADJPY has formed higher lows and slightly higher highs to consolidate inside a rising wedge formation. The consolidation is getting tighter, which means that a…
USD/CAD Bearish Trend Line Test
USDCAD is trending lower with its highs connected by a descending trend line that’s been holding since late March. Another test of resistance is currently…
EUR/CAD Pullback to 1.3500 Channel Support
EURCAD has been trending higher on its hourly time frame, forming higher lows and higher highs inside a rising channel. Price bounced off the top…
CAD/JPY Range Resistance Near 105.00 Holding
CADJPY has been moving sideways on its short-term time frames, finding support around the 103.00 handle and resistance near the 105.00 major psychological mark. The…