USDCAD Daily Analysis – August 25, 2023

by ForexCycle.com | August 25, 2023 11:27 am
USDCAD is currently encountering resistance at the 1.3603 level. If this barrier is successfully breached, it could indicate a resurgence of the uptrend that commenced from 1.3092. In this scenario, the next notable target would be around...

USDCAD Daily Analysis – August 24, 2023

by ForexCycle.com | August 24, 2023 1:23 am
USDCAD has shown significant strength, with the pair extending its upward movement from 1.3092 to a high of 1.3603. If the support at 1.3495 remains intact, there is a likelihood that the upward move may continue. In...

USDCAD Daily Analysis – August 23, 2023

by ForexCycle.com | August 23, 2023 1:09 am
The USDCAD currency pair is currently in a sideways movement, trading within a range bound by 1.3495 as support and 1.3574 as resistance. As long as the support level at 1.3495 holds, the current sideways move can...

USDCAD Daily Analysis – August 22, 2023

by ForexCycle.com | August 22, 2023 8:02 am
The USDCAD currency pair is currently exhibiting a sideways movement within a defined trading range, with support at 1.3495 and resistance at 1.3574. As long as the support level at 1.3495 remains intact, the sideways move can...

USDCAD Daily Analysis – August 21, 2023

by ForexCycle.com | August 21, 2023 1:52 am
USDCAD has continued its upside move, reaching as high as 1.3574. With this extension, there is still potential for further rise in the pair, with the next target being around the 1.3600 area. The immediate support level...

USDCAD Daily Analysis – August 14, 2023

by ForexCycle.com | August 14, 2023 5:06 am
Currently, the USDCAD currency pair is exhibiting a sideways movement, trading within a range between 1.3371 and 1.3501. This consolidation phase is likely a pause in the uptrend that started from 1.3150. Traders are closely monitoring the...

USDCAD Daily Analysis – August 10, 2023

by ForexCycle.com | August 10, 2023 8:30 am
USDCAD is currently in a consolidation phase for the uptrend from 1.3092. There is a possibility of range trading between 1.3375 and 1.3501 in the coming days as the consolidation continues. As long as the support level...

USDCAD Daily Analysis – August 9, 2023

by ForexCycle.com | August 9, 2023 2:10 am
USDCAD has extended its upside move from 1.3092 to reach as high as 1.3501 before experiencing a pullback. The subsequent pullback suggests that a consolidation phase for the uptrend may be underway. This could result in range...

USDCAD Daily Analysis – August 8, 2023

by ForexCycle.com | August 8, 2023 10:51 am
USDCAD has extended its upside move from 1.3092 to reach as high as 1.3451. With this continuation, there is a likelihood of further rise in the coming days. The next target for the pair could be around...

USDCAD Daily Analysis – August 7, 2023

by ForexCycle.com | August 7, 2023 9:36 am
USDCAD has broken above the resistance level at 1.3386. With this breakout, there is potential for further upside movement in the coming days. The next target for the pair could be around the 1.3500 area. Immediate support...