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USD/CAD

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USD/CAD: Descending Triangle

USD/CAD, 1 hour    LONG 8 hours ago
A descending triangle emerges and USD/CAD asks for a further steady move as a clue of a breakout. A descending triangle can be thought of as a pattern that can be used to spot that the price to go long once price breaks out. There is a possibility of a bullish push up towards 1.287 on a breakout of the descending triangle.

USD/CAD: Descending Channel

USD/CAD, 4 hours    LONG 4 days ago
There is a descending channel appearing and USD/CAD asks for a bullish move as an information of a breakout. A descending channel identifies a useful bullish signal that can be used to predict that the price to go long once price breaks out to the the upside. A bullish push up to 1.295 is possible as indicators favor bulls.

USD/CAD: Falling Wedge

USD/CAD, 4 hours    LONG 6 days ago
There is a falling wedge taking place, the price requires a bigger move for the certainty of breakout. A falling wedge is a useful bullish price signal that identifies that the price to go long if price breaks through the resistance. There is a probability of a bullish move towards the 1.29 zone on a breach of 1.287.

USD/CAD: Descending Channel

USD/CAD, 4 hours    LONG Jun 9
There is a descending channel coming out and USD/CAD wants a next active move as a clue of a breakout. If price breaks through the resistance, the resulting move could spot that the price to go up. USD/CAD to move upward towards 1.26 once beyond 1.258.

USD/CAD: Bullish Flag

USD/CAD, 1 hour    LONG Feb 10
A bullish flag has been noticed, USD/CAD expects an active move as a clue of a breakout. A bullish flag denotes a specific bullish price action formation with a downward bias that can be used to spot price heading to a new direction in case if price breaks through the resistance. There is a probability of a bullish continuation towards the 1.268 level.

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: Ascending Channel

USD/CAD, 1 day    SHORT May 18
USD/CAD establishes an ascending channel. Once price breakdown occurs, the move could spot that the price to go down. USD/CAD targets a move towards 1.27 as extra rangebound not ruled out.

USD/CAD: Descending Channel

USD/CAD, 1 hour    LONG Mar 25
There is a descending channel arising. A descending channel describes a reliable formation that indicates a further move up if price breaks out to the the upside. There is a chance of a bullish push up towards 1.256 on a breakout of the descending channel as there is room for a upside correction.

USD/CAD: Descending Channel

USD/CAD, 1 hour    LONG Jun 16
A descending channel is close to being complete. A descending channel denotes a reliable formation with a downward bias that can be used to identify extending an uptrend in case if price breaks above resistance. USD/CAD to enjoy a considerable gain to 1.296.

USD/CAD: Pennant

USD/CAD, 1 day    LONG Apr 20
We can see that a pennant takes place. Once price breaks out, the move could predict a next move up. USD/CAD opens door for a move towards the 1.27 mark on a breach of 1.262 as USD/CAD resumes the upside.

USD/CAD: Descending Triangle

USD/CAD, 4 hours    LONG Feb 22
It seems like a descending triangle is close to being done. A descending triangle typically spots a bullish price move if price breaks above resistance. A bullish push up towards the 1.278 level looks likely as there is room for a upside correction.

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.
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