USDCAD Daily Analysis – February 19, 2019

by ForexCycle.com | February 19, 2019 2:01 am
USDCAD moved sideways in a trading range between 1.3195 and 1.3339. As long as 1.3195 support holds, the price action in the range could be treated as consolidation for the uptrend from 1.3068, further rise towards 1.3450...

USDCAD Daily Analysis – February 18, 2019

by ForexCycle.com | February 18, 2019 2:34 am
USDCAD is facing 1.3195 support, a breakdown below this level would indicate that the upside movement from 1.3068 had completed at 1.3339 already, then another fall towards 1.3100 could be seen. On the upside, as long as...

USDCAD : Possible Breakout Higher?

by elliottwave-forecast.com | February 17, 2019 7:18 pm
USDCAD BUY/LONG Trade Setup: USDCAD is forming a bullish inverted Head and Shoulders market breakout pattern. Price has already broke above the neck line which can be a signal that possibly more bulls will be entering LONGS...

USDCAD Weekly Analysis – February 16, 2019

by ForexCycle.com | February 16, 2019 8:10 am
USDCAD moved sideways in a trading trading range between 1.3068 and 1.3375. As long as 1.3375 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.3664, another fall towards 1.2900 is still...

USDCAD Daily Analysis – February 15, 2019

by ForexCycle.com | February 15, 2019 1:08 am
USDCAD broke above 1.3329 resistance, suggesting that the upside movement from 1.3068 has resumed. Further rise could be expected in the coming days and next target would be at 1.3450 area. Key support is at 1.3195, only...

USDCAD Daily Analysis – February 14, 2019

by ForexCycle.com | February 14, 2019 4:10 am
USDCAD is now in the downtrend from 1.3329, the bounce from 1.3195 is likely consolidation for the downtrend. Further decline could be expected after the consolidation and next target would be at 1.3100 area. Resistance is at...

USDCAD Daily Analysis – February 13, 2019

by ForexCycle.com | February 13, 2019 3:55 am
USDCAD broke below 1.3230 support, suggesting that the upside movement from 1.3068 had completed at 1.3329 already. Further decline could be expected and next target would be at 1.3100 area. Near term resistance is at 1.3240, above...

USDCAD Daily Analysis – February 12, 2019

by ForexCycle.com | February 12, 2019 12:53 am
USDCAD is facing 1.3329 resistance, a break of this level would indicate that the uptrend from 1.3068 has resumed, then next target would be at 1.3450 area. Near term support is at 1.3230, below this level could...

USDCAD Daily Analysis – February 11, 2019

by ForexCycle.com | February 11, 2019 2:38 am
USDCAD’s upside movement from 1.3068 extended to as high as 1.3329. Further rise is still possible after a minor consolidation and next target would be at 1.3450 area. Support is at 1.3230, a breakdown below this level...

USDCAD Weekly Analysis – February 10, 2019

by ForexCycle.com | February 10, 2019 5:46 am
USDCAD remains in the downtrend from 1.3664, the bounce from 1.3068 is likely consolidation for the downtrend. As long as 1.3375 resistance holds, the downside movement could be expected to resume, and next target would be at...