USDCAD Daily Analysis – May 28, 2019

by ForexCycle.com | May 28, 2019 4:00 am
USDCAD remains in the short term uptrend from 1.3357, the pullback from 1.3502 is likely corrective consolidation for the uptrend. As long as 1.3400 support holds, the upside movement could be expected to resume, another rise to...

USDCAD Daily Analysis – May 27, 2019

by ForexCycle.com | May 27, 2019 3:59 am
USDCAD’s upside movement from 1.3357 to as high as 1.3502. Further rise to test 1.3520 resistance is possible, a break of this level could take the price to 1.3600 area. Support is at 1.3400, a breakdown below...

USDCAD Weekly Analysis – May 26, 2019

by ForexCycle.com | May 26, 2019 6:47 am
USDCAD stays above a bullish trend line on the daily chart and remains in the uptrend from 1.3068. As long as the trend line support holds, the upside movement could be expected to continue and next target...

USDCAD Daily Analysis – May 24, 2019

by ForexCycle.com | May 24, 2019 4:39 am
USDCAD extended its upside movement from 1.3357 to as high as 1.3502, facing 1.3520 resistance, a break of this level could trigger further upside movement towards 1.3600. Near term support is at 1.3450, a breakdown below this...

USDCAD Daily Analysis – May 23, 2019

by ForexCycle.com | May 23, 2019 3:00 am
USDCAD rebounded strongly after touching 1.3376 support, suggesting that the pair remains in the uptrend from 1.3274, and the price action from 1.3520 could be treated as consolidation for the uptrend. Further rise towards 1.3520 resistance would...

USDCAD Daily Analysis – May 22, 2019

by ForexCycle.com | May 22, 2019 2:55 am
USDCAD is facing 1.3376 support, a breakdown below this level could take the price to 1.3300 area. However, as long as 1.3376 support holds, the price action in the trading range between 1.3376 and 1.3520 could be...

USDCAD Daily Analysis – May 21, 2019

by ForexCycle.com | May 21, 2019 2:06 am
USDCAD moved sideways in a trading range between 1.3376 and 1.3520. Another fall towards 1.3376 support could be expected, a breakdown below this level could take the price to 1.3300 area. Near term resistance is at 1.3455,...

USDCAD Daily Analysis – May 20, 2019

by ForexCycle.com | May 20, 2019 1:42 am
USDCAD failed to break above 1.3520 resistance and stayed in a trading range between 1.3376 and 1.3520. Another fall to test 1.3376 support would likely be seen, a breakdown below this level could take the price to...

USDCAD Weekly Analysis – May 19, 2019

by ForexCycle.com | May 19, 2019 1:27 pm
USDCAD moved sideways in a narrow range between 1.3376 and 1.3520 over the past two weeks. As long as the price is above the rising trend line on the daily chart, the price action in the range...

USDCAD Daily Analysis – May 17, 2019

by ForexCycle.com | May 17, 2019 12:46 am
USDCAD consolidated in a trading range between 1.3376 and 1.3520 over the past two weeks. Another rise to test 1.3520 resistance could be expected, a break of this level could signal resumption of the uptrend from 1.3274,...