USDCAD Daily Analysis – November 20, 2017

by ForexCycle.com | November 20, 2017 4:38 am
USDCAD stays above a rising trend line on the 4-hour chart and remains in the short term uptrend from 1.2666. As long as the price is above the trend line, the upside movement could be expected to...

USDCAD Weekly Analysis – November 19, 2017

by ForexCycle.com | November 19, 2017 8:15 am
USDCAD stays above a bullish trend line on the daily chart and remains in the uptrend from 1.2061. As long as the trend line support holds, the fall from 1.2916 could be treated as consolidation of the...

USD/CAD Price Forecast November 20, 2017, Technical Analysis

by FX Empire | November 18, 2017 2:18 pm
The US dollar has been very volatile against the Canadian dollar during the trading session on Friday, initially dipping down towards the 1.2715 level, and then exploding to the upside, reaching as high as 1.2830. We then...

USD/CAD Price Forecast November 17, 2017, Technical Analysis

by FX Empire | November 17, 2017 5:19 am
The US dollar has been very choppy during the session on Thursday against the Canadian dollar, drifting just a bit lower. However, we have clear the 1.27 level over the last several days, and that is a...

USDCAD Daily Analysis – November 17, 2017

by ForexCycle.com | November 17, 2017 2:02 am
USDCAD is facing the support of the rising trend line on the 4-hour chart. A clear break below the trend line support could take price to next support level at 1.2666. Below this level could trigger further...

USD/CAD Prince Forecast November 16, 2017, Technical Analysis

by FX Empire | November 16, 2017 6:31 am
The US dollar initially pulled back during the trading session on Wednesday, reaching towards the 1.27 level, but bouncing from there to show signs of resiliency. We have since broken to the 1.28 level above, which will...

USDCAD Daily Analysis – November 16, 2017

by ForexCycle.com | November 16, 2017 1:45 am
USDCAD extended its short term uptrend from 1.2666 to as high as 1.2789, facing a resistance level at 1.2819. A breakout of this level could take price to next resistance level at 1.2916, followed by 1.3100. Near...

USD/CAD Price Forecast November 15, 2017, Technical Analysis

by FX Empire | November 15, 2017 5:58 am
The US dollar initially fell against the Canadian dollar, but found enough support at the 1.27 level II bounce significantly. By forming a hammer on the hourly chart, we then broke towards the upside, reaching towards the...

USDCAD Daily Analysis – November 15, 2017

by ForexCycle.com | November 15, 2017 2:35 am
USDCAD is now in short term uptrend from 1.2666. Further rise to test 1.2819 resistance would likely be seen, a breakout of this level could bring price towards 1.2916 previous high. Near term support is at 1.2666,...

USD/CAD Price Forecast November 14, 2017, Technical Analysis

by FX Empire | November 14, 2017 6:56 am
The US dollar rallied a bit against the Canadian dollar during the Monday session, breaking above the 1.27 level. As we are doing this, I believe that the market is trying to continue the recent uptrend that...