USDCAD Weekly Analysis – September 22, 2019

by ForexCycle.com | September 22, 2019 10:16 am
No changed in our view, USDCAD remains in the downtrend from 1.3382, the bounce from 1.3133 is likely correction for the downtrend. Another fall would likely be seen after the correction and a breakdown below 1.3200 support...

USDCAD Daily Analysis – September 20, 2019

by ForexCycle.com | September 20, 2019 1:03 am
USDCAD broke below the rising price channel on the 4-hour chart. Deeper decline to test 1.3230 support would likely be seen, below this level would indicate that the upside movement from 1.3133 had completed at 1.3309 already,...

USDCAD Daily Analysis – September 19, 2019

by ForexCycle.com | September 19, 2019 2:21 am
USDCAD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.3133. As long as the channel support holds, the uptrend could be expected to continue and next target would be...

USDCAD Daily Analysis – September 18, 2019

by ForexCycle.com | September 18, 2019 1:47 am
USDCAD extended its upside movement from 1.3133 to as high as 1.3299. Support is now at 1.3230, as long as this level holds, the upside movement could be expected to continue and next target would be at...

USDCAD Daily Analysis – September 17, 2019

by ForexCycle.com | September 17, 2019 4:48 am
USDCAD moved sideways in a trading range between 1.3283 and 1.3209. As long as 1.3209 support, the price action in the range could be treated as consolidation for the uptrend from 1.3133, further rise to 1.3320 area...

USDCAD Daily Analysis – September 16, 2019

by ForexCycle.com | September 15, 2019 10:56 pm
USDCAD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.3133. As long as the channel support holds, the upside movement could be expected to continue and next target would...

USDCAD Weekly Analysis – September 15, 2019

by ForexCycle.com | September 15, 2019 10:11 am
USDCAD is now in the downtrend from 1.3382, further decline would likely be seen in the coming days and next target would be at 1.3000 area. Resistance is at 1.3382, only break above this level could trigger...

USDCAD Daily Analysis – September 13, 2019

by ForexCycle.com | September 13, 2019 2:41 am
USDCAD is in consolidation for the downtrend from 1.3382. Range trading between 1.3133 and 1.3250 would likely be seen in the coming days. As long as 1.3250 resistance holds, the downtrend could be expected to resume, and...

USDCAD Daily Analysis – September 12, 2019

by ForexCycle.com | September 12, 2019 3:05 am
USDCAD broke above 1.3191 resistance, suggesting that corrective consolidation for the downtrend from 1.3382 is underway. Range trading between 1.3133 and 1.3250 would likely be seen in a couple of days. As long as 1.3250 resistance holds,...

USDCAD Daily Analysis – September 11, 2019

by ForexCycle.com | September 11, 2019 2:59 am
USDCAD extended its downside movement from 1.3382 to as low as 1.3133. Further decline is still possible and next target would be at 1.3100 area. Resistance is at 1.3191, a break of this level could bring the...