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 ...

GBP/CAD continues to rise inside the 4-hour Ascending Triangle chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Ascending Triangle at the 4-bar ...

Learn how to optimize trades with trend lines with DailyFX Education. Over the past month of trading, USD/CAD has found resistance three times by a high initially set at the beginning of December, but ...

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 ...

GBP/CAD tests resistance before reversing. UK Retail Sales Disappoints. Markets await speech from BoC Poloz. The GBP/CAD cross rose to test a key resistance level in early trading on Thursday before ...

EUR/CAD is completing a Symmetrical Triangle pattern on the weekly chart. A breakout is expected – probably quite soon – leading to a volatile directional move higher or lower. Given the move prior to ...

As you navigate the complexities of the foreign exchange market, understanding chart patterns like the ascending triangle can elevate your currency trading game to new heights. This comprehensive ...

The AUD/CAD has advanced as 1019 pips from its September 2015 low at .9150. However, price action for the pair is currently seen consolidating in a triangle pattern. Traders looking for a continuation ...

Correctly identifying and subsequently trading the triangle chart pattern has benefitted many technical forex traders. The triangle pattern is traditionally categorized as a continuation chart pattern ...

The CAD/JPY has been trading in a triangle since bouncing off 72, and then rejected from 79. The declining resistance goes back to the April 2011 high near 89.40. The support connects the Oct 2011 Low ...