USDCAD Daily Analysis – May 16, 2019

by ForexCycle.com | May 16, 2019 2:51 am
USDCAD continued its sideways movement in a trading range between 1.3376 and 1.3520. The sideways movement is likely consolidation for the uptrend from 1.3274, a break out of 1.3520 resistance could take the price to 1.3600 area....

USDCAD Daily Analysis – May 15, 2019

by ForexCycle.com | May 15, 2019 5:19 am
USDCAD moved sideways in a trading rang between 1.3376 and 1.3520 for several weeks. As long as 1.3376 support holds, the price action in the range could be treated as consolidation for the uptrend from 1.3274, a...

USDCAD Daily Analysis – May 14, 2019

by ForexCycle.com | May 14, 2019 12:04 am
USDCAD continued its sideways movement in a trading range between 1.3376 and 1.3520. Another rise to test 1.3520 resistance could be expected, a break of this level could take the price to next resistance level at around...

USDCAD Daily Analysis – May 13, 2019

by ForexCycle.com | May 12, 2019 10:35 pm
USDCAD failed to break below 1.3376 support and continued its sideways movement in a trading range between 1.3376 and 1.3520. Another rise to test 1.3520 resistance would likely be seen in the coming days, a break of...

USDCAD Weekly Analysis – May 11, 2019

by ForexCycle.com | May 11, 2019 2:42 pm
USDCAD stays above a rising trend line on the daily chart and remains in the uptrend from 1.3068. As long as the trend line support holds, the fall from 1.3520 could be treated as consolidation for the...

USDCAD Daily Analysis – May 10, 2019

by ForexCycle.com | May 10, 2019 3:42 am
USDCAD failed to break above 1.3520 resistance and stayed in a trading range between 1.3376 and 1.3520. Another rise to test 1.3520 resistance is still possible, a break of this level could trigger further upside movement towards...

USDCAD Daily Analysis – May 9, 2019

by ForexCycle.com | May 8, 2019 11:48 pm
USDCAD moved sideways in a trading range between 1.3376 and 1.3520 for several days. As long as 1.3376 key support holds, the uptrend from 1.3274 could be expected to resume, further rise towards 1.3600 is still possible...

USDCAD Daily Analysis – May 8, 2019

by ForexCycle.com | May 8, 2019 2:58 am
USDCAD continued its sideways movement in a trading range between 1.3376 and 1.3520. As long as 1.3376 key support holds, the sideways movement could be treated as consolidation for the uptrend from 1.3274, a break of 1.3520...

USDCAD Daily Analysis – May 7, 2019

by ForexCycle.com | May 7, 2019 4:26 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 could be expected, a breakdown below this level could take the price to 1.3300 area....

USDCAD Daily Analysis – May 6, 2019

by ForexCycle.com | May 6, 2019 4:39 am
USDCAD moved sideways in a trading range between 1.3376 and 1.3520. Another rise to test 1.3520 resistance would likely be seen, a break of this level would trigger further upside movement towards 1.3600. Near term support is...