USDCAD Daily Analysis – June 1, 2023

by ForexCycle.com | June 1, 2023 3:00 am
The USDCAD currency pair has experienced a significant development as it broke below the rising trend line on the 4-hour chart. This break suggests that the previous upside movement from 1.3314 to 1.3654 has potentially reached its...

USDCAD Daily Analysis – May 31, 2023

by ForexCycle.com | May 31, 2023 3:25 am
The USDCAD currency pair has recently shown resilience as it failed to break below the rising trend line on the 4-hour chart. This suggests that the pair remains in an uptrend that originated from the 1.3314 level....

USDCAD Daily Analysis – May 29, 2023

by ForexCycle.com | May 29, 2023 11:02 am
The USDCAD currency pair has encountered resistance around the 1.3667 level and experienced a pullback from its recent high at 1.3654. This price action suggests a period of consolidation for the ongoing uptrend that originated from 1.3314....

USDCAD Weekly Analysis – May 27, 2023

by ForexCycle.com | May 27, 2023 4:58 am
The USDCAD currency pair has displayed a resilient uptrend, remaining within a rising price channel on the weekly chart. This upward movement has been in play since the pair found support at 1.2006, indicating the dominance of...

USDCAD Daily Analysis – May 25, 2023

by ForexCycle.com | May 25, 2023 2:18 am
The USDCAD currency pair has recently experienced a significant breakthrough, surpassing the key resistance level at 1.3567. This bullish move suggests that further upward momentum may be in store for the pair, with the next target set...

USDCAD Daily Analysis – May 24, 2023

by ForexCycle.com | May 24, 2023 2:35 am
The USDCAD currency pair has managed to break above the resistance level at 1.3525, signaling a potential continuation of its recent upward movement. Traders can anticipate further upside momentum in the coming days, with the next target...

USDCAD Daily Analysis – May 23, 2023

by ForexCycle.com | May 23, 2023 8:30 am
The USDCAD currency pair has been trading within a well-defined range between 1.3403 and 1.3567, displaying a prolonged period of sideways movement. Traders are closely monitoring the price action as the pair approaches key resistance and support...

USDCAD Daily Analysis – May 22, 2023

by ForexCycle.com | May 22, 2023 10:49 am
The USDCAD currency pair has continued its sideways movement, consolidating within a trading range between 1.3403 and 1.3567. Traders should closely monitor key support and resistance levels as the pair remains in this range-bound phase. In the...

USDCAD Weekly Analysis – May 21, 2023

by ForexCycle.com | May 21, 2023 3:11 am
The USDCAD currency pair has recently displayed resilience as it failed to break below the rising price channel on the weekly chart. This price action suggests that the pair remains in a long-term uptrend that originated from...

USDCAD Analysis – May 19, 2023

by ForexCycle.com | May 19, 2023 8:37 am
The USDCAD pair has been trading within a relatively range, moving sideways between the support level at 1.3403 and the resistance level at 1.3567. This consolidation phase indicates a temporary pause in the market as buyers and...