The Canadian Yen is moving in a bearish price channel. I expect the bearish trend to continue from the resistance area at 88.06 levels, to target the support area at the lower channel wall at 86.65 levels, from which it is expected to form the bottom of the week and target the resistance area again […]
The Euro-Canadian is moving in a standard sideways direction. We expect a drop from the resistance area at 1.4535 levels, to target the support area at 1.4358 levels. Then we expect an ascending corrective wave from the support area to target the level of 1.4456, then to descend again and target the support level at […]
The Canadian dollar is moving in a bullish pattern. We expect the beginning of the decline from the resistance area at 1.2880 levels, including the expected formation of the week’s top to target the support area at 1.2746 levels, including the expected formation of the bottom of the week. But in the event that a […]
The Canadian dollar, as we mentioned in the weekly report, at the beginning of the week, has risen from the support area and the mentioned resistance area has been targeted. Now we expect a corrective downside wave from the resistance area at 1.2805 levels, to target the support area at 1.2641 levels, from which we […]
The Canadian dollar, as we mentioned last week, fell from the resistance area and then rose from the support area. Now we expect a continuation of the rise from the support area at 1.2603 levels, to target the resistance area at 1.2765 levels, from which it is expected to form the top of the week. […]