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 has proven a frustrating pair after staging a false breakout below 1.0900. With a Bullish Engulfing pattern now evident on the daily; there are signs of a potential bounce to former ...

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, ...

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.

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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 ...

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 ...