USDCAD Daily Analysis – June 10, 2019

by ForexCycle.com | June 10, 2019 1:01 am
USDCAD broke below 1.3357 support and dropped sharply to as low as 1.3240. Further decline is still possible after a minor consolidation and next target would be at 1.3200 area. Near term resistance is at 1.3320, a...

USDCAD Weekly Analysis – June 8, 2019

by ForexCycle.com | June 8, 2019 12:20 pm
USDCAD broke below the rising trend line on the daily chart, suggesting that the upside movement from 1.3068 had completed at 1.3564 already. Further decline could be expected and next target would be at 1.3100 area. Resistance...

USDCAD Daily Analysis – June 6, 2019

by ForexCycle.com | June 6, 2019 1:15 am
USDCAD failed to break below 1.3357 support and rebounded from 1.3362. Further rally would likely be seen in the coming days and next target would be at 1.3500 area. Near term support is at 1.3395, a breakdown...

USDCAD Daily Analysis – June 5, 2019

by ForexCycle.com | June 5, 2019 2:57 am
USDCAD extended its downside movement from 1.3564 to as low as 1.3375, facing the support level at 1.3357, a breakdown below this level could take the price to 1.3300 area. Near term resistance is at 1.3420, a...

USDCAD Daily Analysis – June 4, 2019

by ForexCycle.com | June 4, 2019 3:09 am
USDCAD broke below 1.3480 support, suggesting that the upside movement from 1.3357 had completed at 1.3564 already. Further decline could be expected in the coming days and next target would be at 1.3400 area. Resistance is at...

USDCAD Daily Analysis – June 3, 2019

by ForexCycle.com | June 3, 2019 2:11 am
USDCAD extended its upside movement from 1.3357 to as high as 1.3564. Further rise could be expected and next target would be at 1.3600 area. Support is at 1.3480, a breakdown below this level could bring the...

USDCAD Weekly Analysis – June 2, 2019

by ForexCycle.com | June 2, 2019 3:44 am
USDCAD broke above 1.3520 resistance, suggesting that the uptrend from 1.3068 has resumed. Further rise is still possible next weeks and next target would be at 1.3664 resistance. Key support is at 1.3357, only a breakdown below...

USDCAD Daily Analysis – May 31, 2019

by ForexCycle.com | May 31, 2019 3:42 am
USDCAD remains in the uptrend from 1.3357, a breakout of 1.3546 resistance could trigger further upside movement to 1.3600 area. Support is at 1.3480, a breakdown below this level could bring the price back towards 1.3430.

USDCAD Daily Analysis – May 30, 2019

by ForexCycle.com | May 30, 2019 2:40 am
USDCAD extended its upside movement from 1.3357 to as high as 1.3546, breaking above 1.3520 key resistance. Further rise could be expected after a minor consolidation and next target would be at 1.3600 area. Near term support...

USDCAD Daily Analysis – May 29, 2019

by ForexCycle.com | May 29, 2019 5:00 am
USDCAD is facing 1.3520 resistance once again. A breakout of this level would indicate that the uptrend from 1.3357 has resumed, then further rise to 1.3600 area could be seen. Support is at 1.3429, a breakdown below...