USDCAD Daily Analysis – August 18, 2014

by ForexCycle.com | August 18, 2014 2:37 am
USDCAD broke below 1.0875 support, indicating that the uptrend from 1.0619 had completed at 1.0985 already. Deeper decline is still possible over the next several days, and the target would be at 1.0800 area. Resistance levels are...

USDCAD Weekly Analysis – August 17, 2014

by ForexCycle.com | August 17, 2014 6:26 am
USDCAD remains in uptrend from 1.0619, the fall from 1.0985 is likely consolidation of the uptrend. Support is at 1.0800, as long as this level holds, the uptrend could be expected to resume, and next target would...

USD/CAD Forecast August 18, 2014, Technical Analysis

by FX Empire | August 16, 2014 12:17 pm
The USD/CAD pair fell initially during the session on Friday, but found enough support at the 1.0850 level to turn things back around and form a hammer. This hammer of course is supportive looking, and if we...

USD/CAD Forecast August 15, 2014, Technical Analysis

by FX Empire | August 15, 2014 5:47 am
The USD/CAD pair initially fell during the course of the day on Thursday, but found enough support at the 1.09 level to turn things back around and form a hammer. This hammer of course suggests that the...

USDCAD Daily Analysis – August 15, 2014

by ForexCycle.com | August 15, 2014 2:55 am
USDCAD is facing 1.0875 support, a breakdown below this level will indicate that the uptrend from 1.0619 had completed at 1.0985 already, then deeper decline to 1.0700 area could be seen. On the upside, as long as...

USD/CAD Forecast August 14, 2014, Technical Analysis

by FX Empire | August 14, 2014 7:04 am
The USD/CAD pair went back and forth during the course of the day on Wednesday, testing the 1.09 level for support. This area is the bottom of the most recent consolidation area, so seeing buying pressure in...

USDCAD Daily Analysis – August 14, 2014

by ForexCycle.com | August 14, 2014 3:11 am
USDCAD remains in uptrend from 1.0619, the fall from 1.0985 is likely consolidation of the uptrend. Key support is at 1.0875, as long as this level holds, the uptrend could be expected to resume, and another rise...

USDCAD Daily Analysis – August 13, 2014

by ForexCycle.com | August 13, 2014 12:12 am
USDCAD moved sideways in a trading range between 1.0903 and 1.0985. The sideways movement is likely consolidation of the uptrend from 1.0619. As long as 1.0903 support holds, the uptrend could be expected to resume, and next...

USD/CAD Forecast August 12, 2014, Technical Analysis

by FX Empire | August 12, 2014 8:31 am
The USD/CAD pair fell during the course of the day on Monday, showing significant resistance at the 1.10 level. However, we are most certainly in an uptrend at the moment, and as a result we believe that...

USDCAD Daily Analysis – August 12, 2014

by ForexCycle.com | August 12, 2014 3:54 am
USDCAD remains in uptrend from 1.0619, the fall from 1.0985 is likely consolidation of the uptrend. Support is at 1.0875, as long as this level holds, the uptrend could be expected to continue, and next target would...