USDCAD Daily Analysis – January 6, 2015

by ForexCycle.com | January 6, 2015 2:33 am
USDCAD remains in uptrend from 1.1191, the fall from 1.1841 is likely consolidation of the uptrend. Support is at 1.1700, as long as this level holds, the uptrend could be expected to resume, and next target would...

USDCAD Daily Analysis – January 5, 2015

by ForexCycle.com | January 5, 2015 3:08 am
USDCAD’s upward movement from 1.1191 extended to as high as 1.1841. Further rise could be expected after a minor consolidation, and next target would be at 1.2000 area. Support is at 1.1750, as long as this level...

USDCAD Weekly Analysis – January 4, 2015

by ForexCycle.com | January 4, 2015 7:27 am
USDCAD continued its upward movement from 1.0619 (Jul 3, 2014 low), and the rise extended to as high as 1.1785. Further rise could be expected, and next target would be at 1.2500 area. Key support is located...

USD/CAD Forecast January 5, 2015, Technical Analysis

by FX Empire | January 3, 2015 2:02 pm
The USD/CAD pair broke higher during the session on Friday, reaching almost all the way up to the 1.18 level. That was her next target, so we could see a little bit of a pullback at that...

USD/CAD Forecast January 2, 2015, Technical Analysis

by FX Empire | January 2, 2015 9:44 am
The USD/CAD pair fell during the course of the session on Wednesday, but found enough support below the 1.16 level to turn things back around and form a hammer. With that being the case, it appears of...

USD/CAD Forecast December 31, 2014, Technical Analysis

by FX Empire | December 31, 2014 7:12 am
The USD/CAD pair fell during the bulk of the session on Tuesday, but remains within the consolidation area that we have been in for some time now. With that being the case, we are buyers on supportive...

USDCAD Daily Analysis – December 31, 2014

by ForexCycle.com | December 31, 2014 3:02 am
USDCAD moved sideways in a trading range between 1.1560 and 1.1673. As long as 1.1560 support holds, the price action in the range could be treated as consolidation of the uptrend from 1.1191. Further rise could be...

USD/CAD Forecast December 30, 2014, Technical Analysis

by FX Empire | December 30, 2014 10:03 am
The USD/CAD pair went back and forth during the session on Monday, essentially going nowhere. With that being the case, we believe that the market simply cannot traded until we get some type of impulsive move, or...

USDCAD Daily Analysis – December 30, 2014

by ForexCycle.com | December 30, 2014 5:50 am
USDCAD continued its sideways movement in a range between 1.1560 and 1.1673. As long as 1.1560 support holds, the price action in the range could be treated as consolidation of the uptrend from 1.1191. Further rise could...

USDCAD Daily Analysis – December 29, 2014

by ForexCycle.com | December 29, 2014 3:04 am
USDCAD stays in the trading range between 1.1560 and 1.1673. As long as 1.1560 support holds, the price action in the range could be treated as consolidation of the uptrend from 1.1191. Further rise could be expected...