The first instrument is the CAD/CHF, where we have a beautiful ascending triangle pattern. This is promoting a breakout to the upside and it is happening as we speak. Since today, the price couldn’t ...

-USD/CAD may be forming a head and shoulders top from the 2015 high with the right shoulder as a triangle. However, upside acceleration is also possible (consolidation could break either way), ...

USD/CAD rises to 1.3730 amid firm speculation that the BoC will start lowering interest rates from June. The US Dollar declines despite uncertainty ahead of the US core PCE Inflation data. USD/CAD ...

- Bank of Canada (BoC) to Keep Benchmark Interest Rate at 0.50%. - Will Governor Stephen Poloz Endorse a Wait-and-See Approach? For more updates, sign up for David's e-mail distribution list. Trading ...

Resistance: 1.1175 (Triangle top), 1.1194-1.1223 (Feb 21, Jan 31 highs) The Canadian Dollar has entered a period of consolidation against its US counterpart but the outlines of a Triangle chart ...

Zorrays Junaid has extensive combined experience in the financial markets as a portfolio manager and trading coach. More recently, he is an Analyst with Alchemy Markets, and has contributed to DailyFX ...