USDCAD Daily Analysis – March 16, 2020

by ForexCycle.com | March 16, 2020 1:56 am
USDCAD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.3201. As long as the channel support holds, the pullback from 1.3994 could be treated as consolidation for the uptrend,...

USDCAD Weekly Analysis – March 15, 2020

by ForexCycle.com | March 15, 2020 12:35 pm
USDCAD extended its upside movement from 1.2951 to as high as 1.3994. Further rise would likely be seen after a minor consolidation and next target would be at 1.4500 area. Near term support is at 1.3670, a...

USDCAD Daily Analysis – March 13, 2020

by ForexCycle.com | March 13, 2020 4:17 am
USDCAD extended its upside movement from 1.3201 to as high as 1.3960. Further rise is still possible after a minor consolidation and next target would be at 1.4050 area. Support is located at the rising trend line...

USDCAD Daily Analysis – March 12, 2020

by ForexCycle.com | March 12, 2020 4:38 am
USDCAD continued its upside movement from 1.3201 and the rise extended to as high as 1.3819. Further rise would likely be seen and next target would be at 1.3850 area. Near term support is at 1.3680, a...

USDCAD Daily Analysis – March 11, 2020

by ForexCycle.com | March 11, 2020 3:11 am
USDCAD extended its upside movement from 1.3201 to as high as 1.3795. Further rise would likely be seen and next target would be at 1.3850 area. Key support is at 1.3516, only break below this level could...

USDCAD Daily Analysis – March 10, 2020

by ForexCycle.com | March 10, 2020 3:45 am
USDCAD is in consolidation for the uptrend from 1.3201. Range trading between 1.3516 and 1.3759 would likely be seen in a couple of days. As long as 1.3516 support holds, the uptrend could be expected to resume...

USDCAD Daily Analysis – March 9, 2020

by ForexCycle.com | March 9, 2020 3:11 am
USDCAD’s upside movement from 1.3314 extended to as high as 1.3759. Further rise is still possible after a minor consolidation and next target would be at 1.3850 area. Near term support is at 1.3570, as long as...

USDCAD Weekly Analysis – March 8, 2020

by ForexCycle.com | March 8, 2020 2:18 pm
USDCAD stays above a rising trend line on the daily chart and remains in the uptrend from 1.2951. As long as the trend line support holds, the upside movement could be expected to continue and next target...

USDCAD Daily Analysis – March 6, 2020

by ForexCycle.com | March 6, 2020 2:21 am
USDCAD extended its upside movement from 1.3314 to as high as 1.3438. Further rise would likely be seen and next target would be at 1.3463 resistance, followed by 1.3500 area. Near term support is at 1.3375, a...

USDCAD Daily Analysis – March 5, 2020

by ForexCycle.com | March 5, 2020 3:25 am
USDCAD broke above 1.3395 resistance, suggesting that the uptrend from 1.3201 has resumed. Further rise would likely be seen and next target would be at 1.3463 resistance, a break of this level would aim 1.3500 zone. Support...