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USD/CAD

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USD/CAD: Falling Wedge

USD/CAD, 1 hour    LONG 3 days ago
A falling wedge has been spotted. If price breaks out, the resulting move could signal a breakout higher. USD/CAD to jump to 1.25.

USD/CAD: Ascending Channel

USD/CAD, 1 day    SHORT Dec 31
It seems like an ascending channel is observed, USD/CAD demands a bigger move as a signal of a breakdown. An ascending channel typically signals a sharp decline once price breaks down. A further bearish continuation to 1.27 is possible.

USD/CAD: Rectangle

USD/CAD, 1 hour    LONG 3 days ago
A rectangle develops, the price is ready to break out. If price breaks out, the resulting move could indicate that the price to go up. USD/CAD to move upward towards 1.253 once above 1.252.

USD/CAD: Ascending Channel

USD/CAD, 1 day    SHORT Dec 30
The price composes an ascending channel, the price is close to breaking out soon. Once price breaks out, the move could predict a further move down. USD/CAD is at risk of extending its slump towards the 1.27 mark.

USD/CAD: Rectangle

USD/CAD, 1 hour    LONG 2 days ago
There is a rectangle emerging. A rectangle describes a specific bullish pattern that can be used to predict a further move up when price breaks above resistance. USD/CAD points to the upside to the 1.254 level.

USD/CAD: Rectangle

USD/CAD, 1 day    SHORT Jan 12
A rectangle develops. A rectangle is an indicator that is used to signal the bulls have run out of steam once price breaks out to the the downside. USD/CAD risks a correction towards 1.25.

USD/CAD: Ascending Channel

USD/CAD, 1 day    SHORT Jan 8
There is an ascending channel arising, the price is ready to break out. In case if price breaks below support, the resulting move could signal an extension in the downward direction. USD/CAD to plummet to the 1.26 mark on a downside break as the currency pair looks offered.

USD/CAD: Descending Channel

USD/CAD, 1 day    LONG Nov 18
It looks like a descending channel is very close to being finished and USD/CAD expects a move as an information of a breakout. When price breaks out to the the upside, the resulting move could signal a downward trend is nearing its end. USD/CAD to head to 1.27 once beyond 1.258.

USD/CAD: Bullish Flag

USD/CAD, 1 hour    LONG Nov 10
As we can see a bullish flag has been determined and USD/CAD lacks next strong push up as a verification of a breakout. A bullish flag is considered to be a price formation that has a downward slope that signals that the price to go long in case if price breaks out. It is possible that a bullish run to 1.248 will form on a breakout of the bullish flag as USD/CAD challenges 1.2455 hurdle.

USD/CAD: Rectangle

USD/CAD, 1 hour    SHORT Nov 9
There is a rectangle happening, the price lacks a next strong move to confirm a breakout. A rectangle describes a useful bearish price action formation that is used to identify that the price to go short if price breaks through the support. USD/CAD does not rule out a move to 1.243 on a downside break.

USD/CAD: Ascending Triangle

USD/CAD, 1 hour    LONG Nov 26
As we can see an ascending triangle is very close to being completed and the price is ready to break out now. In case if price breaks out to the the upside, the resulting move could signal a move up. USD/CAD to accomodate to the 1.268 mark on a break above 1.2672.

USD/CAD: Ascending Channel

USD/CAD, 1 hour    SHORT Dec 29
As we can see an ascending channel forms, the price expects a move as an indication of a breakout. An ascending channel indicates price reversal after a pause once price breaks out to the the downside. There is a probability of decline towards the 1.278 zone on a breakout of the ascending channel.
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