USDCAD Daily Analysis – April 22, 2014

by ForexCycle.com | April 22, 2014 3:27 am
USDCAD remains in uptrend from 1.0857. Further rise would likely be seen after a minor consolidation, and next target would be at 1.1100 area. Support is at 1.0960, only break below this level could signal completion of...

USDCAD Daily Analysis – April 21, 2014

by ForexCycle.com | April 21, 2014 3:03 am
USDCAD’s upward movement from 1.0857 extended to as high as 1.1033. Further rise could be expected after a minor consolidation and next target would be at 1.1100 area. Support is at 1.0960, only break below this level...

USDCAD Weekly Analysis – April 20, 2014

by ForexCycle.com | April 20, 2014 3:20 am
USDCAD remains in downtrend from 1.1278, the rise from 1.0857 is likely consolidation of the downtrend. Another fall could be expected after consolidation, and next target would be at 1.0600 area. Resistance levels are at 1.1100 and...

USD/CAD Forecast April 21, 2014, Technical Analysis

by FX Empire | April 19, 2014 2:26 am
The USD/CAD pair fell initially during the session on Friday, but bounced off of the 1.10 level enough to form a little bit of a hammer. However, the liquidity of the marketplace was pretty low during the...

USDCAD Daily Analysis – April 18, 2014

by ForexCycle.com | April 18, 2014 3:15 am
USDCAD remains in uptrend from 1.0857. Further rise could be expected after a minor consolidation, and next target would be at 1.1100 area. Support is at 1.0940, only break below this level could signal completion of the...

USD/CAD Forecast April 18, 2014, Technical Analysis

by FX Empire | April 18, 2014 3:09 am
The USD/CAD pair fell during the session on Thursday, finding the 1.10 level to be supportive enough to keep the market somewhat afloat. As we dropped below there, the buyer stepped in and push the value there,...

USD/CAD Forecast April 17, 2014, Technical Analysis

by FX Empire | April 17, 2014 6:37 am
The USD/CAD pair initially fell during the session on Wednesday, but bounced enough to break above the 1.10 level. With that, the market looks like it’s ready to go higher, and quite frankly we do feel like...

USDCAD Daily Analysis – April 17, 2014

by ForexCycle.com | April 17, 2014 1:36 am
USDCAD continued its upward movement from 1.0857 and the rise extended to as high as 1.1033. Further rise could be expected and the target would be at 1.1100 area. Support levels are at 1.0915, and 1.0857, only...

USD/CAD Forecast April 16, 2014, Technical Analysis

by FX Empire | April 16, 2014 5:20 am
The USD/CAD pair rose during the session on Tuesday, but fell 1.10 level to be resistive enough to keep the market down. The resulting shooting star course is a negative sign, and as a result we feel...

USDCAD Daily Analysis – April 16, 2014

by ForexCycle.com | April 16, 2014 3:49 am
USDCAD’s upward movement from 1.0857 extended to as high as 1.1013. Further rise would likely be seen, and the target would be at 1.1100 area. Support levels are at 1.0915, and 1.0857, only break below these levels...