Sponsors

USDCAD Weekly Analysis - November 1, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 01 November 2015 07:52 UTC
USDCAD's rise from 1.2831 extended to as high as 1.3279. However, the rise would possibly be correction of the downtrend from 1.3456, another fall to 1.2500 area to complete the downward movement is possible. Near term resistance is at 1.3300, only break above this level will indicate that the uptrend from 1.1919 has resumed, then the following upward movement could bring price to 1.4000 zone.

usdcad chart

Recommended Forex Trading Platforms

Forex Trading We know that the right opportunity can happen at anytime, anywhere. Saxo Capital Markets is committed to giving you a suite of platforms that will enable you to access your account and trade the markets whenever and wherever you want.

Sponsors

Subscribe to Newsletter

To receive alerts by email when Free Forex Analysis are updated. Enter your email address below.