We can see that the price is breaking below the neckline. Shoulder Head Shoulder bearish pattern is in progress. Any retest of the trend line might be used by bears to reject the price lower again.

Chart Patterns are known to be the best market analysis mechanisms. Well, we got one here: A Descending Channel pattern appeared at the EUR\CAD; Pattern is extremely strong, as price respected the ...

The USD/CAD has formed inverted head and shoulder bullish pattern. The right shoulder has been formed, however the price could still retrace down before a The USD/CAD has formed inverted head and ...

USD/CAD breaks out of a large symmetrical triangle price pattern, activating upside targets. Though it has backed and filled since the break, the probabilities favor a continuation higher. A break ...

Following the trendline breakout at the end of July and rally to just above the 1.3900 mark, USD/CAD has been stuck in a range. We do have the formation of a head and shoulder pattern, which has now ...

After maintaining a range-bound approach until the last North American session, the Loonie pair had taken the flight to the upside. From the 1.3200/1.3400 range levels, the USD/CAD pair elevated, ...