USDCAD Daily Analysis – June 21, 2019

by ForexCycle.com | June 21, 2019 3:17 am
USDCAD’s downside movement from 1.3432 extended to as low as 1.3150. Further decline is still possible after a minor consolidation and next target would be at 1.3100 area. Resistance is at 1.3220, only break above this level...

USDCAD Daily Analysis – June 20, 2019

by ForexCycle.com | June 20, 2019 4:36 am
USDCAD extended its downside movement from 1.3432 to as low as 1.3236, breaking below 1.3240 support. Further decline could be expected after a minor consolidation and next target would be at 1.3150 area. Resistance is at 1.3300,...

USDCAD Daily Analysis – June 19, 2019

by ForexCycle.com | June 19, 2019 2:45 am
USDCAD broke below the bullish trend line on the 4-hour chart, suggesting that the upside movement from 1.3240 had completed at 1.3432 already. Deeper decline would likely be seen in a couple of days and next target...

USDCAD Daily Analysis – June 18, 2019

by ForexCycle.com | June 18, 2019 3:45 am
USDCAD stays above a bullish trend line on its 4-hour chart and remains in the uptrend from 1.3240. As long as the trend line support holds, the uptrend could be expected to continue and next target would...

USDCAD Daily Analysis – June 17, 2019

by ForexCycle.com | June 17, 2019 5:29 am
USDCAD extended its upside movement from 1.3240 to as high as 1.3422. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be expected to continue and next...

USDCAD Weekly Analysis – June 16, 2019

by ForexCycle.com | June 16, 2019 6:12 am
USDCAD remains in the downtrend from 1.3564, the bounce from 1.3240 is likely corrective consolidation for the downtrend. Another fall could be expected after the consolidation and a breakdown below 1.3240 support could take the price to...

USDCAD Daily Analysis – June 14, 2019

by ForexCycle.com | June 14, 2019 3:33 am
USDCAD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.3240. As long as the channel support holds, the uptrend could be expected to continue and next target would be...

USDCAD Daily Analysis – June 13, 2019

by ForexCycle.com | June 13, 2019 2:34 am
USDCAD broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 1.3564 had completed at 1.3240 already. Further rally could be expected in a couple of days and next target would...

USDCAD Daily Analysis – June 12, 2019

by ForexCycle.com | June 12, 2019 2:51 am
USDCAD stays below a bearish trend line on the 4-hour chart and remains in the downtrend from 1.3564. As long as the trend line resistance holds, the bounce from 1.3240 could be treated as consolidation for the...

USDCAD Daily Analysis – June 11, 2019

by ForexCycle.com | June 11, 2019 2:46 am
USDCAD’s downside movement from 1.3564 extended to as low as 1.3240. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected to continue and next target...