USD/CAD: bullish 'Three Methods' pattern

USD/CAD: bullish 'Three Methods' pattern

Information is not investment advice

The market is still moving up above the Moving Averages. There's a bullish 'Three Methods' pattern, which has been confirmed. So, it's likely that the pair is going to test the closest resistance at 1.3563. If a pullback from this level happens next, bears will probably try to reach the nearest support at 1.3396.





EUR/CAD is ready for a move

EUR/CAD has formed a couple of higher lows since October. The pair has managed to overcome the 50- and the 100-day MAs at 1.4588 and 1.4640 respectively.

Choose your payment system