USDCAD Daily Analysis – October 4, 2019

by ForexCycle.com | October 4, 2019 2:02 am
USDCAD extended its upside movement from 1.3205 to as high as 1.3347. Further rise is still possible after a minor consolidation and next target would be at 1.3400 area. Near term support is at 1.3305, below this...

USDCAD Daily Analysis – October 3, 2019

by ForexCycle.com | October 3, 2019 3:15 am
USDCAD broke above 1.3309 resistance, suggesting that the uptrend from 1.3133 has resumed. Further rise would likely be seen after a minor consolidation and next target would be at 1.3400 area. Near term support is at 1.3290,...

USDCAD Daily Analysis – October 2, 2019

by ForexCycle.com | October 1, 2019 11:39 pm
USDCAD broke below 1.3213 support, further decline would likely be seen in the coming days and next target would be at 1.3150 area. Resistance is at 1.3290, only break above this level could trigger another upside movement...

USDCAD Daily Analysis – September 30, 2019

by ForexCycle.com | September 29, 2019 11:20 pm
USDCAD broke below 1.3230 support, indicating that the upside movement from 1.3133 had completed at 1.3309 already. Further decline could be expected and next target would be at 1.3150 area. Resistance is located at the falling trend...

USDCAD Weekly Analysis – September 29, 2019

by ForexCycle.com | September 29, 2019 2:56 am
USDCAD remains in the downtrend from 1.3382, a breakdown below 1.3133 support could take the price to next support level at 1.3015. Near term resistance is at 1.3310, only break above this level could trigger another rise...

USDCAD Daily Analysis – September 27, 2019

by ForexCycle.com | September 27, 2019 4:48 am
USDCAD moved sideways in a trading range between 1.3230 and 1.3309 for several days. The price action in the range is likely consolidation for the uptrend from 1.3133, further rise to 1.3360 area could be expected after...

USDCAD Daily Analysis – September 26, 2019

by ForexCycle.com | September 26, 2019 3:20 am
USDCAD failed to break below 1.3230 support and stayed in a trading range between 1.3230 and 1.3309. As long as 1.3230 support holds, the price action in the range could be treated as consolidation for the uptrend...

USDCAD Daily Analysis – September 25, 2019

by ForexCycle.com | September 25, 2019 3:45 am
USDCAD is facing 1.3230 support, a breakdown below this level would indicate that the uptrend from 1.3133 had completed at 1.3309 already, then another fall towards 1.3100 could be seen. However, as long as 1.3230 support holds,...

USDCAD Daily Analysis – September 24, 2019

by ForexCycle.com | September 24, 2019 5:22 am
USDCAD continued its sideways movement in a trading range between 1.3230 and 1.3309. As long as 1.3230 support holds, the price action in the trading range could be treated as consolidation for the uptrend from 1.3133, further...

USDCAD Daily Analysis – September 23, 2019

by ForexCycle.com | September 22, 2019 10:01 pm
USDCAD moved sideways in a trading range between 1.3230 and 1.3309. As long as 1.3230 support holds, the sideways movement could be treated as consolidation for the uptrend from 1.3133, further rise to 1.3360 area is still...