Following the trendline breakout at the end of July and rally to just above the 1.3900 mark, USD/CAD has been stuck in a range. We do have the formation of a head and shoulder pattern, which has now ...

-USD/CAD appears to be in an extended 3rd wave -Fourth wave correction to near 1.3473 may offer support for bullish traders -Target 1.3650 with risk near 1.3430 USD/CAD has gained nearly 450 pips ...

USD/CAD’s impulsive swings have continued with a Piercing Line pattern left in its wake. Yet the key reversal pattern awaits confirmation from a successive up-period to offer a bullish signal. Traders ...

The GBP/CAD is in Megatrend formation. All short entries starting from March would have been in profits. At this point we scaled out of profits protecting the remainder at BE+1. The pinbar entry which ...

GBP/CAD might be completing a bearish Rising Wedge price pattern. If so, there is an increased risk of a downside break. GBP/CAD recovers to trade back inside its Rising Wedge pattern after ...

Chart Patterns are known to be the best market analysis mechanisms. Well, we got one here: A Descending Channel pattern appeared at the EUR\CAD; Pattern is extremely strong, as price respected the ...

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EUR/CAD has broken below the base of a multi-month price pattern. It is likely to go lower if the break is decisive and it can pierce below the 200-day SMA. Joaquin Monfort is a financial writer and ...