USDCAD Daily Analysis – January 17, 2014

by ForexCycle.com | January 17, 2014 1:33 am
USDCAD stays within a upward price channel on 4-hour chart, and remains in uptrend from 1.0588, the fall from 1.0991 could be treated as consolidation of the uptrend. As long as the channel support holds, the uptrend...

USDCAD Daily Analysis – January 16, 2014

by ForexCycle.com | January 16, 2014 3:10 am
USDCAD remains in uptrend from 1.0588, the fall from 1.0991 could be treated as consolidation of the uptrend. Support is now located at the bottom of the price channel on 4-hour chart. As long as the channel...

USD/CAD Forecast January 16, 2014, Technical Analysis

by FX Empire | January 16, 2014 3:03 am
The USD/CAD pair initially rose during the session on Wednesday, almost touching the 1.10 level. As you can tell, the market did pull back from that area though, and we did in fact end up forming a...

USD/CAD Forecast January 15, 2014, Technical Analysis

by FX Empire | January 15, 2014 6:41 am
The USD/CAD pair rose during the session on Tuesday, breaking above the 1.09 handle yet again. This area has broken the top of the hammer from the Monday session as well, and as a result it looks...

USDCAD Daily Analysis – January 15, 2014

by ForexCycle.com | January 15, 2014 4:12 am
After consolidation, USDCAD continues its upward movement from 1.0588, and the rise extends to as high as 1.0977. Further rise could be expected in a couple of days, and next target would be at 1.1100 area. Support...

USD/CAD Forecast January 14, 2014, Technical Analysis

by FX Empire | January 14, 2014 6:20 am
The USD/CAD pair fell during the session on Monday, slamming into the 1.0850 level, from which it started on Friday. That being the case, it appears of this market could continue to fall from here, but we...

USDCAD Daily Analysis – January 14, 2014

by ForexCycle.com | January 14, 2014 2:35 am
USDCAD remains in uptrend from 1.0588, the fall from 1.0945 could be treated as consolidation of the uptrend. Range trading between 1.0800 and 1.0945 would likely be seen in a couple of days. Key support is at...

USDCAD Daily Analysis – January 13, 2014

by ForexCycle.com | January 13, 2014 3:37 am
USDCAD’s upward movement from 1.0588 extended to as high as 1.0945. Further rise is still possible after a minor consolidation, and next target would be at 1.1000 area. Support is at 1.0825, only break below this level...

USDCAD Weekly Analysis – January 12, 2014

by ForexCycle.com | January 12, 2014 7:10 am
USDCAD’s upward movement from 1.0182 extended to as high as 1.0945. Further rise is still possible after a minor consolidation, and next target would be at 1.1200 area. Key support is located at the upward trend line...

USD/CAD Forecast January 13, 2014, Technical Analysis

by FX Empire | January 11, 2014 10:09 am
The USD/CAD pair rose again during the session on Friday, even with a weaker than anticipated jobs report out of the United States. This was mainly because the Canadian jobs report was just as bad, and as...