The MA 50 supports the upside move and requires stability above 1.4560.

The trading range for today is among the major support at 1.4455 and the major resistance at 1.4800.

The short-term trend is to the upside with steady daily closing above 1.2795 targeting 1.5135.

Trading has been caught between the resistance for the minor descending channel shown above and 23.6% Fibonacci correction, where the pair is finding difficulty in breaching this resistance due to the negativity on Stochastic. Stability above the MA 50 makes us favor the intraday bullishness today, yet we need first the breach and stability above 1.6480 and stability above 1.6300.

The trading range for today is among the major support at 1.6260 and the major resistance at 1.6650.

The short-term trend is to the upside with steady daily closing above 1.5315 with targets at 1.7000.

The pair is still trading with a gradual downside bias approaching the gateway for the general bearishness at 79.55, while Stochastic is providing overbought signals restricting the pair from more downside movement. In general, breaching the support for the continuation flag pattern and the negative pressure from the MA 50 make us support the intraday bearishness today targeting 78.00. Stability below 80.75-81.10 is requires for our expectations to prevail. 

The trading range for today is among the major support at 78.00 and the major resistance at 81.10.

The short-term trend is to the downside as far as 89.35 remains intact with targets at 77.70.

Trading exited the descending channel shown above, which signals possible slight upside movements to correction the move that might consolidate at 0.8455 –MA 50- before resuming the intraday bearishness for today. The main target resides at 0.8220 and requires stability below 0.8455.

The trading range for today is among the major support at 0.8150 and the major resistance at 0.8475.

The short-term trend is to the downside with steady daily closing below 1.0330 targeting 0.8000.

The pair is affected by mixed technical signals that are preventing the USD/CAD for defining a clear direction. Trading stabilized above the main descending channel’s resistance alongside steady trading within the minor ascending channel shown above. On the other hand, the 61.8% Fibonacci correction is adding negative pressure on the pair to pressure it back to the general downside trend. Therefore, we remain neutral for now and observe trading for more confirmations as we should pay attention for trading around 0.9650 support and 0.9845 resistance.

The trading range for today is among the major support at 0.9650 and the major resistance at 1.0000.

The short-term trend is to the downside as far as 1.0665 remains intact targeting 0.9000.