USDCAD Daily Analysis – December 12, 2014

by ForexCycle.com | December 12, 2014 3:01 am
USDCAD’s upward movement from 1.1191 extended to as high as 1.1549. Near term support is at the upward trend line on 4-hour chart, as long as the trend line support holds, the uptrend could be expected to...

USDCAD Daily Analysis – December 11, 2014

by ForexCycle.com | December 11, 2014 5:41 am
USDCAD remains in uptrend from 1.1191. Further rise would likely be seen, and next target would be at 1.1600 area. Support is at 1.1365, only break below this level will signal completion of the uptrend, then deeper...

USD/CAD Forecast December 10, 2014, Technical Analysis

by FX Empire | December 10, 2014 7:42 am
USD/CAD pair fell during the bulk of the session on Tuesday, but found a little bit of support at the 1.14 level to turn things back around and form a slightly supportive looking candle. Ultimately though, we...

USDCAD Daily Analysis – December 10, 2014

by ForexCycle.com | December 10, 2014 3:29 am
USDCAD remains in uptrend from 1.1191, the fall from 1.1500 is likely consolidation of the uptrend. Support is at 1.1365, as long as this level holds, the uptrend could be expected to continue, and next target would...

USD/CAD Forecast December 9, 2014, Technical Analysis

by FX Empire | December 9, 2014 8:32 am
The USD/CAD pair fell initially during the course of the session on Monday, but turned back around to show strength. We tested the 1.15 handle, but did not break above it quite yet. We feel that sooner...

USDCAD Daily Analysis – December 9, 2014

by ForexCycle.com | December 9, 2014 1:55 am
USDCAD’s upward movement from 1.1191 extended to as high as 1.1493. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at 1.1600 area. Key support is...

USDCAD Daily Analysis – December 8, 2014

by ForexCycle.com | December 8, 2014 2:28 am
USDCAD broke above 1.1466 resistance. Further rise could be expected, and next target would be at 1.1600 area. Near term support is at the rising trend line on 4-hour chart, and the key support is at 1.1313,...

USDCAD Weekly Analysis – December 7, 2014

by ForexCycle.com | December 7, 2014 11:50 am
USDCAD’s upward movement from 1.0619 extended to as high as 1.1475. Further rise could be expected, and next target would be at 1.1800 area. Near term support is at the upward trend line on daily chart, and...

USD/CAD Forecast December 5, 2014, Technical Analysis

by FX Empire | December 5, 2014 8:08 am
USD/CAD pair went back and forth during the session on Thursday, as we continue to meander just above the 1.13 region. The fact that both of these countries release employment numbers today suggests that we will have...

USDCAD Daily Analysis – December 5, 2014

by ForexCycle.com | December 5, 2014 3:05 am
USDCAD stays in a trading range between 1.1313 and 1.1458. As long as 1.1313 support holds, another rise to test 1.1466 resistance could be expected, a break of this level will signal resumption of the uptrend from...