USDCAD Daily Analysis – September 10, 2014

by ForexCycle.com | September 10, 2014 2:34 am
USDCAD broke above 1.0997 resistance, indicating that the uptrend from 1.0619 (Jul 3 low) has resumed. Further rise could be expected and next target would be at 1.1200 area. Support is at 1.0940, only break below this...

USDCAD Daily Analysis – September 9, 2014

by ForexCycle.com | September 9, 2014 2:27 am
USDCAD is facing 1.0997 resistance, a break of this level will indicate that the uptrend from 1.0619 (Jul 3 low) has resumed, then further rise towards 1.1200 could be seen. Support is at 1.0935, only break below...

USDCAD Daily Analysis – September 8, 2014

by ForexCycle.com | September 8, 2014 2:45 am
USDCAD stays in a trading range between 1.0810 and 1.0942. Resistance is at 1.0942, a break above this level will indicate that the uptrend from 1.0810 has resumed, then the following upward movement could bring price to...

USDCAD Weekly Analysis – September 7, 2014

by ForexCycle.com | September 7, 2014 7:58 am
No changed in our view, USDCAD remains in uptrend from 1.0619, the price action from 1.0985 is treated as consolidation of the uptrend. Support is at 1.0800, as long as this level holds, the uptrend could be...

USD/CAD Forecast September 8, 2014, Technical Analysis

by FX Empire | September 6, 2014 10:08 am
The USD/CAD pair fell initially during the session on Friday, but as you can see formed a hammer. With the US employment numbers coming out a bit on the light side, we did of course see this...

USD/CAD Forecast September 5, 2014, Technical Analysis

by FX Empire | September 5, 2014 6:40 am
The USD/CAD pair had a fairly negative session but bounced enough at the end of the day on Thursday to form a nice-looking hammer. However, with today been nonfarm payroll number in the United States, and Canadian...

USDCAD Daily Analysis – September 5, 2014

by ForexCycle.com | September 5, 2014 2:31 am
No changed in our view, USDCAD remains in uptrend from 1.0810, the fall from 1.0942 would possibly be correction of the uptrend. Key support is at 1.0810, as long as this level holds, the uptrend could be...

USD/CAD Forecast September 4, 2014, Technical Analysis

by FX Empire | September 4, 2014 5:19 am
The USD/CAD pair fell during the session on Wednesday, but remains within the consolidation area that we have been stuck in for some time now. The candle is very negative looking – but at this point it...

USDCAD Daily Analysis – September 4, 2014

by ForexCycle.com | September 4, 2014 3:30 am
USDCAD remains in uptrend from 1.0810, the fall from 1.0942 is likely correction of the uptrend. Support levels are at 1.0870 and 1.0845, as long as these levels hold, the uptrend could be expected to resume, and...

USD/CAD Forecast September 3, 2014, Technical Analysis

by FX Empire | September 3, 2014 5:58 am
The USD/CAD pair broke higher during the session on Wednesday, clearing the top of the hammers that had formed recently. That being the case, the market looks like it’s heading to the 1.10 level, but there is...