USDCAD Daily Analysis – August 29, 2019

by ForexCycle.com | August 29, 2019 3:42 am
USDCAD is facing the resistance of the falling price channel on the 4-hour chart. A break of the channel resistance could signal resumption of the uptrend from 1.3015, then next target would be at 1.3400 area. On...

USDCAD Daily Analysis – August 28, 2019

by ForexCycle.com | August 28, 2019 3:32 am
USDCAD stays in a falling price channel on the 4-hour chart and remains in the short term downtrend from 1.3345. As long as the price is in the channel, the downside movement could be expected to continue...

USDCAD Daily Analysis – August 27, 2019

by ForexCycle.com | August 27, 2019 5:18 am
USDCAD broke below the rising trend line on the 4-hour chart, suggesting that the upside movement from 1.3015 had completed at 1.3345 already. Deeper decline could be expected and next target would be at 1.3184 support. Resistance...

USDCAD Daily Analysis – August 26, 2019

by ForexCycle.com | August 26, 2019 1:29 am
USDCAD moved sideways in a trading range between 1.3250 and 1.3344. As long as the price is above the rising trend line on the 4-hour chart, the sideways movement could be treated as consolidation for the uptrend...

USDCAD Weekly Analysis – August 25, 2019

by ForexCycle.com | August 25, 2019 10:25 am
USDCAD stays above a rising trend line on the daily chart and remains in the uptrend from 1.3015. As long as the price is above the trend line, the upside movement could be expected to continue, and...

USDCAD Daily Analysis – August 23, 2019

by ForexCycle.com | August 23, 2019 3:28 am
USDCAD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.3015. As long as the trend line support holds, the upside movement could be expected to continue and a break...

USDCAD Daily Analysis – August 21, 2019

by ForexCycle.com | August 21, 2019 3:44 am
After touching 1.3344 resistance, USDCAD pulled back to 1.3300 area, suggesting that lengthier consolidation for the uptrend from 1.3015 is needed. Deeper decline would likely be seen in the coming days and the target would be at...

USDCAD Daily Analysis – August 20, 2019

by ForexCycle.com | August 20, 2019 4:24 am
USDCAD is facing 1.3344 resistance once again, a break of this level could signal resumption of the uptrend from 1.3015, then further rise to 1.3400 area could be seen. Near term support is at 1.3300, below this...

USDCAD Daily Analysis – August 19, 2019

by ForexCycle.com | August 19, 2019 3:03 am
USDCAD failed to break above 1.3344 resistance and pulled back to 1.3260 area. Deeper decline towards the rising trend line on the 4-hour chart would likely be seen, a breakdown below could trigger further downside move to...

USDCAD Daily Analysis – August 15, 2019

by ForexCycle.com | August 15, 2019 2:50 am
USDCAD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.3015. As long as the trend line support holds, the upside movement could be expected to continue and next target...