USD/CAD Forecast July 4, 2013, Technical Analysis

by FX Empire | July 4, 2013 5:34 am
The USD/CAD pair fell during the session on Wednesday, but as you can see we remain above the 1.05 handle, and as a result we think this market is winding its way up higher, and will eventually...

USD/CAD Forecast July 3, 2013, Technical Analysis

by FX Empire | July 3, 2013 7:14 am
The USD/CAD pair had a positive session on Tuesday again, breaking above the 1.0550 handle that we had suggested would be resistive. However, we could not stay above that area, and as a result the market looks...

USD/CAD Forecast July 2, 2013, Technical Analysis

by FX Empire | July 2, 2013 5:42 am
The USD/CAD pair fell during the session on Monday, as the 1.05 level continues to be rather resistive. We don’t look at this is a selling opportunity, rather we believe that this market is simply consolidating for...

USDCAD Analysis – June 29, 2013

by ForexCycle.com | June 29, 2013 11:08 am
USDCAD’s upward movement from 1.0137 extends to as high as 1.0556. Further rise is still possible next week, and next target would be at 1.0700 area. Support is at 1.0400, only break below this level could signal...

USD/CAD Forecast July 1, 2013, Technical Analysis

by FX Empire | June 29, 2013 6:54 am
The USD/CAD pair rallied during the session on Friday, but as you can see the 1.0550 level has offered resistance yet again. The resulting pullback looks like we are going to continue to consolidate between the 1.0550...

USD/CAD Forecast June 28, 2013, Technical Analysis

by FX Empire | June 28, 2013 9:41 am
The USD/CAD pair had a relatively back and forth session during the Thursday trading hours, but as you can see pick up enough support just above the 1.04 level in order to form a candle the looks...

USD/CAD Forecast June 27, 2013, Technical Analysis

by FX Empire | June 27, 2013 5:10 am
The USD/CAD pair fell during the session on Wednesday, testing the bottom of the hammer that had been formed on Tuesday. However, most important candle on this chart that we see at the moment is the shooting...

USD/CAD Forecast June 26, 2013, Technical Analysis

by FX Empire | June 26, 2013 6:08 am
The USD/CAD pair had a back and forth session on Tuesday, essentially ending the day flat. We did managed to break down below the lows from the Monday shooting star, and that more than likely had people...

USD/CAD Forecast June 25, 2013, Technical Analysis

by FX Empire | June 25, 2013 5:00 am
The US/CAD pair shot straight up during the session on Monday, but as you can see was be back down in order to form a perfect shooting star. Will we find particularly interesting about this shooting star...