USD/CAD Forecast October 24, 2014, Technical Analysis

by FX Empire | October 24, 2014 5:25 am
The USD/CAD pair initially fell during the course of the session on Thursday, but found the 1.12 level supportive yet again. By doing so, and ended up forming a nice-looking hammer, and right where you want to...

USDCAD Daily Analysis – October 24, 2014

by ForexCycle.com | October 24, 2014 3:27 am
USDCAD remains in uptrend from 1.0810 (Aug 29 low), the fall from 1.1385 is likely consolidation of the uptrend. Deeper decline is still possible, and the target would be at 1.1150 area. Resistance is at 1.1300, a...

USD/CAD Forecast October 23, 2014, Technical Analysis

by FX Empire | October 23, 2014 7:16 am
The USD/CAD pair went back and forth during the session here on Wednesday, testing the 1.12 level for support. It did in fact find it, so therefore we feel that this market will more than likely go...

USDCAD Daily Analysis – October 23, 2014

by ForexCycle.com | October 23, 2014 2:49 am
After touching the channel support, USDCAD rebounded from 1.1183 indicating that the pair remains in uptrend from 1.0886, another rise to 1.1500 area could be expected. Support is now at 1.1183, only break below this level could...

USD/CAD Forecast October 22, 2014, Technical Analysis

by FX Empire | October 22, 2014 5:05 am
USD/CAD fell during the course of the session on Tuesday, testing the 1.12 level. This is an area that is an area we anticipated to see a significant amount of support at, and we most certainly did...

USDCAD Daily Analysis – October 22, 2014

by ForexCycle.com | October 22, 2014 3:24 am
USDCAD is facing the support of the price channel on 4-hour chart, a clear break below the channel support could signal completion of the uptrend from 1.0886, then deeper decline to 1.0800 area could be seen. On...

USD/CAD Forecast October 21, 2014, Technical Analysis

by FX Empire | October 21, 2014 5:16 am
The USD/CAD pair initially fell during the course of the day, but ultimately break out to the upside. It looks as if we still see plenty of support below, and extending all the way to the 1.12...

USDCAD Daily Analysis – October 21, 2014

by ForexCycle.com | October 21, 2014 2:29 am
USDCAD remains in uptrend from 1.0886, the fall from 1.1385 could be treated as consolidation of the uptrend. Support is located at the bottom of the price channel on 4-hour chart. As long as the channel support...

USDCAD Daily Analysis – October 20, 2014

by ForexCycle.com | October 20, 2014 1:48 am
USDCAD stays in the upward price channel on 4-hour chart, and remains in uptrend from 1.0886, the fall from 1.1385 is likely consolidation of the uptrend. Support is located at the lower line of the channel, as...

USDCAD Weekly Analysis – October 18, 2014

by ForexCycle.com | October 18, 2014 10:01 am
USDCAD’s upward movement from 1.0619 extended to as high as 1.1385. Support is at 1.1070, as long as this level holds, the uptrend could be expected to continue, and next target would be at 1.1500 area. Only...