Updated the:
05/16/2012
USD/CAD Technical Analysis comments :

Sentiment :
sentiment
1.0
sentiment
0.9950
sentiment
The pair took support again on 0.9887 yesterday and then the pair USD/CAD finaly broke the resistance at 1.0050, giving us a new buy signal.
The pair is currently testing the next resistance at 1.01.
All indicators are bullish.
The pair seems to move into a bullish channel (black lines).
We continue to advise long positions as far as 1.0 is support.
The breakout of 1.01 will give a new buy signal and will open the way towards 1.0150.
In case of return below 1.0, we will be neutral between this level and 0.9950.
The breakout of 0.9950 will give a sell signal.
Complete sheet of the pair USD/CAD - Previous USD/CAD Analysis
Chart of the pair USD/CAD - Timeframe 4H - Zoom in :
USD/CAD
 
Chart of the pair USD/CAD - Timeframe 4H - Zoom out:
USD/CAD
USD/CAD Live Chart - Timeframe : 4h
Chart