ForexCycle.com
EA Builder
  • Home
  • Forex Analysis
    • Long Term Forex Analysis
    • Short Term Forex Analysis
    • Special Focus
    • Daily Forex Reports
    • Forex Signals
  • Forex Articles
    • Market Cycle
    • Indicator
    • Elliott Wave
    • Fibonacci Sequence
    • Forex Market
    • Forex Trading
    • Technical Analysis
    • Chart Pattern
  • Trading Strategy
  • Forex Brokers
    • Avatrade
    • Broker News
    • Broker Review
  • Elliott Wave Courses
    • Markets Reverse
    • 5 Ways Using Trendlines
    • Overview of MACD
    • Relative Strength Index
    • Japanese Candlesticks
    • Moving Averages
    • Fibonacci Ratios
    • Two-Bar Pattern
    • Market Myths Exposed
  • Contact Us

USDCAD Daily Analysis – April 28, 2017

USDCAD’s upward movement from 1.3223 extended to as high as 1.3670. Further rise is still possible in a couple of days and next target would be at 1.3800 area. Support is at the bottom of the price channel on 4-hour chart, only a clear break below the channel support could signal completion of the uptrend.

USDCAD chart

Author ForexCycle.comPosted on April 28, 2017April 28, 2017Categories Short Term Forex AnalysisTags Price Channel, USDCAD

Post navigation

Previous Previous post: USDJPY Daily Analysis – April 28, 2017
Next Next post: USDJPY Downtrend Pullback (Apr 28, 2017)

Resources

  • Unlock Your Trading Potential with EA Builder
  • Elliott Wave Principle

Recent Posts

  • $SMR Starts New Bullish Leg After Completing ABC Correction From October 2025
  • Financials Surge: XLF Breaks Higher from Blue Box Zone
  • Royal Bank of Canada (RY): Elliott Wave Analysis Points to $222.9–$238.45 Upside
  • Elliott Wave View: Early Signs of Bullish Cycle in Pan American Silver (PAAS)
  • META Rebounds Targeting 632 – 654 Potential Selling Area
  • BTCUSD Found Buyers After Elliott Wave Double Three
  • PM Analysis – Elliott Wave Structure Identifies Trade Setup From Blue Box
  • AXP Warning: Is American Express Setting Up for a Major Correction Before New Highs?
  • ETHUSD Ethereum : Forecasting the Rally After a Double Three Pattern
  • XLV Elliott Wave: Another Trading Setup Presented to Members
  • Facebook
  • Instagram
  • Twitter
  • LinkedIn
  • Telegram
  • Home
  • Forex Analysis
  • Forex Articles
  • Contact Us
  • Forex Blog
  • Disclaimer
  • Forex Resources
  • Archives
  • RSS
Copyright © 2005 - 2026 ForexCycle.com. All rights reserved.