USD/CAD Forecast June 25, 2014, Technical Analysis

by FX Empire | June 25, 2014 6:54 am
The USD/CAD pair fell initially during the session on Tuesday, but found enough support to turn things back around and form a hammer. The hammer sits just below the 1.0750 level, which of course is a somewhat...

USDCAD Daily Analysis – June 25, 2014

by ForexCycle.com | June 25, 2014 3:32 am
USDCAD remains in downtrend from 1.0960, the rise from 1.0715 could be treated as consolidation of the downtrend. Another fall could be expected, and next target would be at 1.0600 area. Resistance is at 1.0780, only break...

USD/CAD Forecast June 24, 2014, Technical Analysis

by FX Empire | June 24, 2014 8:19 am
The USD/CAD pair fell during the session on Monday, making a fresh new low. Because of that, we feel that this market will continue to look for significant support, which we see at the 1.06 level. That...

USDCAD Daily Analysis – June 24, 2014

by ForexCycle.com | June 24, 2014 3:38 am
USDCAD continued its downward movement from 1.0960 and the fall extended to as low as 1.0716. Resistance is at 1.0780, as long as this level holds, further decline could be expected, and next target would be at...

USDCAD Daily Analysis – June 23, 2014

by ForexCycle.com | June 23, 2014 2:55 am
USDCAD’s downward movement from 1.0960 extended to as low as 1.0726. Further decline is still possible after a minor consolidation, and next target would be at 1.0600 area. Resistance is at 1.0785, as long as this level...

USDCAD Weekly Analysis – June 22, 2014

by ForexCycle.com | June 22, 2014 1:13 pm
USDCAD broke below 1.0813 support, indicating that the downtrend from 1.1278 has resumed. Key resistance is at 1.0960, as long as this level holds, further decline could be expected, and next target would be at 1.0500 area....

USD/CAD Forecast June 23, 2014, Technical Analysis

by FX Empire | June 22, 2014 4:17 am
The USD/CAD pair fell during the bulk of the day on Friday, slashing through the 1.08 handle. That area has been significant support, and the fact that we broke down below it is indeed a significant very...

USD/CAD Forecast June 20, 2014, Technical Analysis

by FX Empire | June 20, 2014 5:40 am
The USD/CAD pair fell during the bulk of the session on Thursday, but found enough support near the 1.08 handle to turn things back around and form a hammer. Because of that, we feel that the market...

USDCAD Daily Analysis – June 20, 2014

by ForexCycle.com | June 20, 2014 1:14 am
USDCAD continued its downward movement from 1.0960, and the fall extended to as low as 1.0810. Further decline could be expected in a couple of days, and next target would be at 1.0700 area. Resistance is located...

USD/CAD Forecast June 19, 2014, Technical Analysis

by FX Empire | June 19, 2014 5:17 am
The USD/CAD pair initially rose on Wednesday, but turned back around to form a negative candle. In this general vicinity, we have seen a lot of tight action, so we do not expect much in the way...