USDCAD Daily Analysis – January 30, 2020

by ForexCycle.com | January 30, 2020 4:10 am
USDCAD extended its upside movement from 1.3035 to as high as 1.3209. Further rise would likely be seen in a couple of days and next target would be at 1.3250 area. Support is now at 1.3153, a...

USDCAD Daily Analysis – January 29, 2020

by ForexCycle.com | January 29, 2020 3:12 am
USDCAD remains in the uptrend from 1.3035, the pullback from 1.3205 is likely consolidation for the uptrend. As long as 1.3117 support holds, the uptrend could be expected to continue and next target would be at 1.3250...

USDCAD Daily Analysis – January 28, 2020

by ForexCycle.com | January 28, 2020 3:35 am
USDCAD broke above 1.3171 resistance and extended its upside movement from 1.3035 to as high as 1.3199. The upside movement could be expected to continue in a couple of days and next target would be at 1.3250...

USDCAD Daily Analysis – January 27, 2020

by ForexCycle.com | January 27, 2020 4:40 am
USDCAD extended its upside movement from 1.2951 to as high as 1.3171. As long as 1.3117 support holds, the upside movement could be expected to continue and next target would be at 1.3240 area. On the downside,...

USDCAD Weekly Analysis – January 26, 2020

by ForexCycle.com | January 26, 2020 2:40 am
USDCAD’s bounce from 1.2951 extended to as high as 1.3170. Further rise would likely be seen next week and the target would be at the top of the price channel on the daily chart. On the downside,...

USDCAD Daily Analysis – January 23, 2020

by ForexCycle.com | January 23, 2020 3:39 am
USDCAD extended its upside movement from 1.2951 to as high as 1.3160. Further rise is still possible and next target would be at 1.3200 area. Near term support is at 1.3120, below this level could bring the...

USDCAD Daily Analysis – January 22, 2020

by ForexCycle.com | January 22, 2020 4:12 am
USDCAD broke above 1.3079 resistance, suggesting that the uptrend from 1.2951 has resumed. Further rise could be expected and next target would be at 1.3150 area. Key support is at 1.3028, a breakdown below this level could...

USDCAD Daily Analysis – January 21, 2020

by ForexCycle.com | January 21, 2020 3:29 am
USDCAD continued its sideways movement in a trading range between 1.3028 and 1.3079. The price action in the range is likely consolidation for the downtrend from 1.3104, further decline to 1.2950 area is possible after the consolidation....

USDCAD Daily Analysis – January 20, 2020

by ForexCycle.com | January 20, 2020 3:44 am
USDCAD failed to break below 1.3028 support and moved sideways in a trading range between 1.3028 and 1.3079. As long as 1.3079 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.3104,...

USDCAD Weekly Analysis – January 19, 2020

by ForexCycle.com | January 19, 2020 1:09 pm
USDCAD remains in the downtrend from 1.3382, the bounce from 1.2951 is likely consolidation for the downtrend. Further decline is possible and next target would be at 1.2800 area. Near term resistance is at 1.3110, a break...