USDCAD ticks above the 100 hour MA

Looking at the hourly chart, the price fell below the near converged 100/200 hour moving averages near 87.742 and selling intensity increased.

USDCAD falls to new lows going back to July 14.

Yesterday through the FOMC, the price tested the upper extreme near 1.2606 and the lower extreme near 1.2525. The price did dipped below the low in the last hour of trading and con…

USDCAD remains in up and down trading range.

That level comes in at 1.25543. The low in the North American session found support buyers against that midpoint level. That tilted the trading bias more in the direction of the bu…

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