USDCAD Weekly Analysis – December 28, 2014

by ForexCycle.com | December 28, 2014 6:20 am
USDCAD stays above the upward trend line on daily chart, and remains in uptrend from 1.0619. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at...

USD/CAD Forecast December 26, 2014, Technical Analysis

by FX Empire | December 26, 2014 5:41 am
The USD/CAD pair broke higher during the session on Wednesday after initially falling. Because of this, we ended up forming a hammer and then of course is a positive sign. The ultimately though, we feel that this...

USD/CAD Forecast December 23, 2014, Technical Analysis

by FX Empire | December 23, 2014 5:56 am
The USD/CAD pair initially fell during the course of the day on Monday, but as you can see we found support yet again at the 1.16 level. That being the case, we think that the US dollar...

USDCAD Daily Analysis – December 23, 2014

by ForexCycle.com | December 23, 2014 2:59 am
USDCAD moved sideways in a narrow range between 1.1560 and 1.1673. The price action in the range is likely consolidation of the uptrend from 1.1191. As long as the trend line support holds, the uptrend could be...

USDCAD Daily Analysis – December 22, 2014

by ForexCycle.com | December 22, 2014 3:32 am
USDCAD stays above the upward trend line on 4-hour chart, and remains in uptrend from 1.1191. As long as the trend line support holds, the fall from 1.1673 could be treated as consolidation of the uptrend. Further...

USDCAD Weekly Analysis – December 21, 2014

by ForexCycle.com | December 21, 2014 5:33 am
USDCAD’s upward movement from 1.0619 extended to as high as 1.1673. Support is located at the upward trend line on daily chart, as long as the trend line support holds, the uptrend could be expected to continue,...

USD/CAD Forecast December 22, 2014, Technical Analysis

by FX Empire | December 21, 2014 5:27 am
The USD/CAD pair broke higher during the course of the day on Friday, but turned back around as we formed a shooting star. The shooting star of course signifies that the market could very well pullback and...

USD/CAD Forecast December 19, 2014, Technical Analysis

by FX Empire | December 19, 2014 5:57 am
The USD/CAD pair fell during the course of the day on Thursday, but found the 1.16 level be somewhat supportive. Ultimately though we feel that this market should continue to go higher. Because of this, we feel...

USDCAD Ascending Trend Line (Dec 19, 2014)

by Kate Curtis | December 19, 2014 3:28 am
USDCAD has been on a short-term uptrend, as shown by the ascending trend line connecting the pair’s recent lows. Price looks ready to make a test of the trend line for now and may bounce off support,...

USDCAD Daily Analysis – December 19, 2014

by ForexCycle.com | December 19, 2014 1:12 am
USDCAD remains in uptrend from 1.1191, the fall from 1.1673 is likely consolidation of the uptrend. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at...