USDCAD Daily Analysis – September 22, 2017

by ForexCycle.com | September 22, 2017 2:09 am
USDCAD remains in the short term uptrend from 1.2061. Further rise towards the bearish trend line on the daily chart would likely be seen. As long as the price is below the trend line, the bounce from...

USD/CAD Forecast September 21, 2017, Technical Analysis

by FX Empire | September 21, 2017 9:50 am
The US dollar drifted a bit lower during the trading session on Wednesday against the Canadian dollar as the weekly trendline that had been broken recently has offered resistance. Overall, this could be a nice pullback that...

USDCAD Daily Analysis – September 21, 2017

by ForexCycle.com | September 21, 2017 2:55 am
USDCAD extended its upside movement from 1.2061 to as high as 1.2390. Further rise would likely be seen in a couple of days and next target would be at the bearish trend line on the daily chart...

USD/CAD Forecast September 20, 2017, Technical Analysis

by FX Empire | September 20, 2017 6:50 am
The US dollar chop around against the Canadian dollar during the session on Tuesday, as we are testing the previous uptrend line from the weekly chart. We are underneath it, so I think that there should be...

USDCAD Daily Analysis – September 20, 2017

by ForexCycle.com | September 20, 2017 12:51 am
USDCAD stays above a rising trend line on its 4-hour chart and remains in a short term uptrend from 1.2061. Further rally is still possible and next target would be at the bearish trend line on the...

USD/CAD Forecast September 19, 2017, Technical Analysis

by FX Empire | September 19, 2017 5:31 am
The US dollar rallied a bit during the day on Monday against the Canadian dollar, reaching towards the 1.2250 level. It looks as if we continue to show bullish pressure, but I think that there is more...

USDCAD Downtrend Pullback (Sep 19, 2017)

by Kate Curtis | September 19, 2017 4:49 am
USDCAD continues to trend lower but seems to be in a correction from its current selloff. Applying the Fibonacci retracement tool shows that the the 50% level lines up with the trend line resistance and the 1.2400...

USDCAD Daily Analysis – September 19, 2017

by ForexCycle.com | September 19, 2017 4:15 am
USDCAD’s rebound from 1.2061 extended to as high as 1.2337. Further rally is still possible and next target would be at the bearish trend line on the daily chart now at 1.2470. However, as long as the...

USDCAD Daily Analysis – September 18, 2017

by ForexCycle.com | September 18, 2017 3:22 am
USDCAD remains in downtrend from 1.2778, the bounce from 1.2061 is likely consolidation of the downtrend. Near term resistance is at 1.2300, followed by the bearish trend line on the daily chart now at 1.2480. Further decline...

USDCAD Weekly Analysis – September 17, 2017

by ForexCycle.com | September 17, 2017 8:54 am
USDCAD stays below a bearish trend line on its daily chart and remains in the downtrend from 1.3793. As long as the price is below the trend line, the downtrend could be expected to continue and next...