Loonie has steadily held back the recent Dollar rally with USD/CAD coiling below technical resistance. Here are the levels that matter on the Loonie charts this week.
Canadian Dollar Outlook: Loonie Levels for Looming USD/CAD Breakout 2021-02-02 17:37:00 Michael Boutros, Strategist
Canadian Dollar Technical Price Outlook: Near-term Trade Levels
Canadian Dollar updated technical trade levels – Daily & Intraday Charts
USD/CAD carves weekly opening-range just below multi-month trend resistance
Key support / bullish invalidation at 1.27– Breach / close above exposes 1.2975
The Canadian Dollar is down more than 0.35% against the US Dollar since the start of the week with USD/CAD testing long-term slope resistance into the February open. Loonie is carving the weekly opening-range just below and we’re looking for a breakout in the days ahead for guidance. These are the updated targets and invalidation levels that matter on the USD/CAD price charts. Review my latest Strategy Webinarfor an in-depth breakdown of this Loonie technical setup and more.
Canadian Dollar Outlook: USD/CAD BoC Breakdownâ Loonie Levels 2021-01-20 19:00:00 Michael Boutros, Strategist
Canadian Dollar Technical Price Outlook: Near-term Trade Levels
Canadian Dollar updated technical trade levels – Daily & Intraday Charts
USD/CAD carves monthly opening-range above key lateral support
Key resistance at 1.2782– Break / close below 1.2579 needed to mark trend resumption Advertisement
The Canadian Dollar is up more than 1% against the US Dollar since the start of the week with USD/CAD pressing the lower bounds of a multi-week range in price. While the broader downtrend remains intact, the immediate decline may be vulnerable here near-term as Loonie tests major technical support. These are the updated targets and invalidation levels that matter on the USD/CAD price charts heading into the close of the year. Review my latest Strategy Webinarfor an in-depth bre
Australian Dollar has carved a monthly range just below technical resistance and we’re looking for the breakout. These are the levels that matter on the AUD/USD charts.
Canadian Dollar is on the defensive into the weekly open as USD/CAD rebounds off downtrend support. Here are the technical levels that matter on the Loonie weekly chart.