Updated the:
06/18/2012
USD/CAD Technical Analysis comments :
Sentiment :
sentiment
1.03
sentiment
1.03
sentiment
The pair USD/CAD has opened the week on bearish gap and the breakout of 1.0230 gave us a new sell signal.
The pair is still moving into its short term bearish channel (purple lines).
All indicators are bearish.
We continue to advise short positions as far as 1.03 is resistance.
The breakout of 1.0150 will give a new sell signal and will open the way towards 1.01.
In case of return above 1.03, a buy signal will be given.
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