There have been a couple recent trades that suddenly turned and ran in the other direction before reaching the key support and resistance zones where risk could be better controlled. As a result, ...

How and Why to Invest in ETFs: Demystifying the Vehicle Taking Markets by Storm The USD/CAD has formed inverted head and shoulder bullish pattern. The right shoulder has been formed, however the price ...

Kaye Lee is enjoying holiday for the week ahead and new articles may appear less frequently during this time. The normal publication schedule will resume shortly after April 10. Textbook Elliott wave ...

We can see that the price is breaking below the neckline. Shoulder Head Shoulder bearish pattern is in progress. Any retest of the trend line might be used by bears to reject the price lower again.

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 ...

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 ...

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 ...

The early portion of the North American trading session has concentrated more on earnings in the equity market and happenings in Asia and Europe than anything policy or data driven in its own stomping ...

If you've been watching the Canadian dollar (CAD) this year, you know it has been throttling the U.S. dollar (USD). The USD/CAD has fallen more than 1,000 pips since ...