USD/CAD formed a Japanese candlestick reversal pattern on Wednesday. Price could be about to fall in a large ABC or Measured Move price pattern.

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 ...

GBP/CAD is climbing higher within what could be a Rising Wedge price configuration. It is currently finding support at the 50-day SMA. A decisive break lower could signal substantial further weakness.