USDCAD Daily Analysis – June 14, 2023

by ForexCycle.com | June 14, 2023 1:09 am
The USDCAD currency pair has experienced an extended decline, reaching as low as 1.3285 after breaking below the important support level at 1.3300. This downward movement suggests that further downside potential exists, with the next target expected...

USDCAD Daily Analysis – June 13, 2023

by ForexCycle.com | June 13, 2023 7:24 am
The USDCAD currency pair has been trading in a sideways manner, confined within a trading range between 1.3312 and 1.3387. This consolidation phase suggests a period of indecision and balance between buyers and sellers in the market....

USDCAD Daily Analysis – June 12, 2023

by ForexCycle.com | June 12, 2023 1:47 am
The USDCAD currency pair has continued its downward movement, extending from 1.3654 to a recent low of 1.3312. The pair is currently facing a critical support level at 1.3300, which will play a crucial role in determining...

USDCAD Weekly Analysis – June 10, 2023

by ForexCycle.com | June 10, 2023 1:40 am
The USDCAD currency pair has recently broken below the lower border of a significant rising price channel on the weekly chart. This breakdown suggests a potential shift in the long-term market dynamics, indicating a possible end to...

USDCAD Daily Analysis – June 8, 2023

by ForexCycle.com | June 8, 2023 7:10 am
The USDCAD currency pair has experienced a continued downward movement from its recent high at 1.3654, reaching as low as 1.3320 and breaking below the 1.3340 support level. Currently, the pair is facing a critical support level...

USDCAD Daily Analysis – June 7, 2023

by ForexCycle.com | June 7, 2023 1:43 am
The USDCAD currency pair has experienced a continued downside movement, extending from its recent high at 1.3654 to reach as low as 1.3387. The pair remains under selling pressure, indicating a bearish bias in the market. Given...

USDCAD Daily Analysis – June 6, 2023

by ForexCycle.com | June 6, 2023 7:52 am
The USDCAD currency pair has experienced a breakdown below the key support level at 1.3406, signaling a continuation of its recent downtrend from 1.3654. The pair has subsequently declined to as low as 1.3392, with further downside...

USDCAD Daily Analysis – June 5, 2023

by ForexCycle.com | June 5, 2023 2:10 am
The USDCAD currency pair has been in a persistent downtrend since reaching a high of 1.3654. While there has been a recent bounce from the low of 1.3406, it is likely to be a temporary consolidation phase...

USDCAD Weekly Analysis – June 4, 2023

by ForexCycle.com | June 4, 2023 3:54 am
The USDCAD currency pair has been exhibiting a period of consolidation, characterized by a sideways movement within a defined trading range. This range is currently observed between the support level at 1.3225 and the resistance level at...

USDCAD Daily Analysis – June 2, 2023

by ForexCycle.com | June 2, 2023 11:47 am
The USDCAD currency pair has experienced a continued decline, with the fall from 1.3654 extending to as low as 1.3406. This downward momentum suggests further downside potential in the near term, with the next target likely to...