USDCAD Daily Analysis – October 14, 2014

by ForexCycle.com | October 14, 2014 5:06 am
USDCAD continued its sideways movement in a range between 1.1071 and 1.1269. Key support is at 1.1071, as long as this level holds, the sideways move could be treated as consolidation of the uptrend from 1.0810 (Aug...

USDCAD Daily Analysis – October 13, 2014

by ForexCycle.com | October 13, 2014 2:29 am
USDCAD stays in a trading range between 1.1071 and 1.1269. As long as 1.1071 support holds, the price action in the range could be treated as consolidation of the uptrend from 1.0810 (Aug 29 low), another rise...

USDCAD Weekly Analysis – October 12, 2014

by ForexCycle.com | October 12, 2014 6:14 am
No changed in our view, USDCAD remains in uptrend from 1.0619, the fall from 1.1269 could be treated as consolidation of the uptrend. Near term support is at 1.1065, as long as this level holds, the uptrend...

USD/CAD Forecast October 13, 2014, Technical Analysis

by FX Empire | October 11, 2014 12:32 pm
The USD/CAD pair went back and forth during the course of the day on Friday, ultimately respecting the 1.12 level for resistance. That being the case, the market should continue to go higher if we can break...

USD/CAD Forecast October 10, 2014, Technical Analysis

by FX Empire | October 10, 2014 8:13 am
The USD/CAD pair rose during the course of the day on Wednesday, bouncing off the 1.11 level. This of course is a very positive sign, as the market continues to find support every time it falls. With...

USDCAD Daily Analysis – October 9, 2014

by ForexCycle.com | October 9, 2014 3:31 am
No changed in our view, USDCAD remains in uptrend from 1.0886, the fall from 1.1269 is likely consolidation of the uptrend. Support is located at the lower line of the price channel on 4-hour chart, as long...

USDCAD Daily Analysis – October 8, 2014

by ForexCycle.com | October 8, 2014 2:52 am
USDCAD remains in uptrend from 1.0886, the fall from 1.1269 is likely consolidation of the uptrend. Key support is at 1.1071, as long as this level holds, the uptrend could be expected to resume, and next target...

USD/CAD Forecast October 7, 2014, Technical Analysis

by FX Empire | October 7, 2014 6:02 am
The USD/CAD pair fell hard during the course of the day on Monday, slicing through the 1.12 level as the Ivey numbers out of Canada came out stronger than anticipated. However, we are still well within the...

USDCAD Daily Analysis – October 7, 2014

by ForexCycle.com | October 7, 2014 3:10 am
USDCAD stays above the upward trend line on 4-hour chart, and remains in uptrend from 1.0886, the fall from 1.1269 could be treated as consolidation of the uptrend. Another rise could be expected after consolidation, and next...

USDCAD Daily Analysis – October 6, 2014

by ForexCycle.com | October 6, 2014 3:23 am
USDCAD broke above 1.1222 resistance, indicating that the uptrend from 1.0886 has resumed. Further rise could be expected, and next target would be at 1.1400 area. Support is located at the upward trend line on 4-hour chart,...