Kaye Lee is enjoying holiday for the week ahead and new articles may appear less frequently during this time. The normal publication schedule will resume shortly after April 10. Textbook Elliott wave ...

USD/CAD’s impulsive swings have continued with a Piercing Line pattern left in its wake. Yet the key reversal pattern awaits confirmation from a successive up-period to offer a bullish signal. Traders ...

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.

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 ...

USD/CAD has gained nearly 450 pips since the Fed announced their recent round of rate hikes in December. Though the pair has run into some structural resistance, namely the November 2016 highs, it ...

USD/CAD has vaulted back above the 1.1220 mark leaving a Bullish Engulfing formation in its wake. Confirmation of the reversal signal from a successive up-day would suggest a potential revisit of the ...