USD/CAD’s about-face has left a Bearish Engulfing pattern lacking confirmation. The impulsive swing higher comes as no surprise given the series of whipsaws over recent weeks. The pair’s tendencies ...

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 ...

A Head and Shoulders Top (bearish reversal pattern) appears to be forming on the USD/CAD daily chart. The pattern appears after an uptrend and is defined by three successive peaks, with the middle ...

Overnight trading shows a slight bias to the upside. This pair is range bound between 1.0543 and 1.0726. The pivot price inside this range is 1.0635. This price is controlling the short term direction ...

USD/CAD Technical Strategy: Sidelines Preferred Bearish Pattern Emerges On Pullback from 1.0980 Barrier Awaiting Close Below 1.0900 To Open Drop To 1.0854 USD/CAD is in danger of completing a double ...

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 ...

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 ...

The USD/CAD has formed inverted head and shoulder bullish pattern. The right shoulder has been formed, however the price could still retrace down before a possible bounce. At this point the price ...

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 ...