Canadian Dollar’s retreat from month highs at 0.9782 extended over the London session to levels below 0.9766 support, to find support at 0.9733, weekly low, and bounce up on early Asian session, reaching 0.9749 so far. Above, resistance is placed at 0.9773 (daily High November 25), 0.9791 (daily High September 17) and 0.9701 (daily High February 26). The CAD/CHF extends further to the... Read More

Struggling above 0.9733, first bearish spike after the news was contained by 0.9749 static support level, pair remains inside past days range lacking direction for the upcoming journeys, yet holding a slightly bullish bias in larger time frames. The pair is struggling against 0.9762/0.9701 resistance area at the moment (Dec 23 highs), with next resistance levels, at 0.9766 (Daily pivot point... Read More

Currently quoting just at 0.9749 where it looks for support, the following critical levels to keep in mind underneath are outlined at 0.9737 (50% of 0.9758 – 0.9777), 0.9782 (session lows from July 26) and 0.9722 (Daily Low December 23). Support levels are 0.9749 (intra-day support), and below here 0.9733 (January 10 low) and then 0.9722 (June 10 low). Lacking momentum, with subdued... Read More

Canadian Dollar starts lacking direction, stuck in a 250 pips range since past January 19, having identified a solid zone around 0.9728, yet struggling to hold gains above 0.9788 price zone. Immediate resistance lies at the mentioned 0.9773 (European session high), and above here, 0.9788 (intra-day level) and 0.9791/0.9701 (June 18 lows). With the highly anticipated Canada Non-Farm Payrolls... Read More

Canadian Dollar’s decline from 0.9788/0.9798 highs on Tuesday and Friday extended to 0.9758 low on early London session where the pair found support to bounce up strongly on Swiss Franc weakness after disappointing Treasury Currency Report reaching 0.9782 resistance area at the moment of writing. The pair is struggling against 0.9798/0.9701 resistance area at the moment (Dec 23 highs),... Read More

CAD/CHF has just reached a fresh monthly low in this Asian afternoon at 0.9733 by the time of writing, following Wall Street decline: NASDAQ is down 50 points while Gold gains 0.71% today. On the downside, immediate support lies at 0.9758 (50% Fib retracement of February 7 rally), and below here, 0.9733 (July 18 low) and 0.9722 (December 3 low). Currently the CAD/CHF quotes in at 0.9762 where... Read More

Finding support around 0.9751, the CAD/CHF recently found slight impulse to the upside in order to partly recover towards 0.9773. Having dropped to the current lows, price action is on the verge of breaking down below the consolidative trading range that has characterized this pair since the beginning of September. Although CAD/CHF is finding some general support at the current lows, the... Read More

Canadian Dollar starts lacking direction, caught in a 100 pips range since past August 24, having found a supporting zone around 0.9737, yet unable to hold gains above 0.9798 price zone. CAD/CHF fell more than 60 pips in the last week and bottomed at 0.9791, the lowest price since May 25. The CAD/CHF extends losses to the downside, breaking under 0.9749 most recently as it’s unable to... Read More

Canadian Dollar’s decline from 0.9788/0.9798 highs on Monday and Wednesday extended to 0.9722 low on early New York session where the pair found support to bounce up strongly on Swiss Franc weakness after disappointing Non-Farm Payrolls Report reaching 0.9766 resistance area at the moment of writing. Above, resistance is placed at 0.9773 (monthly High February 11), 0.9791 (daily High... Read More

Canadian Dollar’s drop from 0.9788/0.9798 highs on Tuesday and Wednesday extended to 0.9737 low on early New York session where the pair found support to bounce up strongly on Swiss Franc weakness after frustrating Non-Farm Payrolls Report reaching 0.9706 resistance area at the moment of writing. Currently trading at 0.9749, immediate support is listed at 0.9737 (Upper Bollinger), 0.9728... Read More