USD/CAD Forecast April 29, 2013, Technical Analysis

by FX Empire | April 27, 2013 6:36 am
The USD/CAD pair fell during the session on Friday, searching for the 1.0150 level. When they got there, it found enough support to stop falling, but it does look like a pair that’s going to grind a...

USD/ CAD Forecast April 26, 2013, Technical Analysis

by FX Empire | April 26, 2013 6:41 am
The USD/CAD pair fell off a Cliff during the Thursday session, slamming into the 1.02 handle. This market has a long history of doing almost nothing for several sessions in a row, and then suddenly moving like...

USD/CAD Forecast April 24, 2013, Technical Analysis

by FX Empire | April 24, 2013 7:49 am
The USD/CAD pair had a slightly positive session for the trading day on Tuesday, but formed a shooting star yet again. This is the second shooting star in a row, which was preceded by two hammers. This...

USD/CAD Forecast April 23, 2013, Technical Analysis

by FX Empire | April 23, 2013 5:29 am
The USD/CAD pair ended up closing the day fairly flat, although it did tried to rally during much of the session on Monday. However, the pullback formed a shooting star, which of course was preceded by two...

USDCAD Analysis – April 21, 2013

by ForexCycle.com | April 21, 2013 3:52 am
USDCAD broke above the downward trend line on daily chart, suggesting that the downward movement from 1.0341 had completed at 1.0083 already. Further rise to test 1.0341 resistance is possible, a break above this level will indicate...

USD/CAD Forecast April 22, 2013, Technical Analysis

by FX Empire | April 21, 2013 1:58 am
The USD/CAD pair fell initially during the session on Friday, but bounced enough to form a hammer. This is the second hammer in a row, it looks like were ready to start taking off to the upside.

USD/CAD Forecast April 19, 2013, Technical Analysis

by FX Empire | April 19, 2013 6:08 am
The USD/CAD pair went back and forth during the session on Thursday, but eventually formed a hammer for the day. This suggests to us that the market is going to go higher, and that we will more...

USD/CAD Forecast April 18, 2013, Technical Analysis

by FX Empire | April 18, 2013 5:24 am
The USD/CAD currency pair shot straight up during the session as the “fear trade” came back into the marketplace on Wednesday. However, by the end of the session you can see that quite a bit of the...

USD/CAD Forecast April 17, 2013, Technical Analysis

by FX Empire | April 17, 2013 6:18 am
The USD/CAD pair fell during the session after initially trying to break above the 1.0250 level on Tuesday. However, you can see that the pullback was significant enough to cause a shooting star that presently sits above...