USDCAD Daily Analysis – August 19, 2019

by ForexCycle.com | August 19, 2019 3:03 am
USDCAD failed to break above 1.3344 resistance and pulled back to 1.3260 area. Deeper decline towards the rising trend line on the 4-hour chart would likely be seen, a breakdown below could trigger further downside move to...

USDCAD Daily Analysis – August 15, 2019

by ForexCycle.com | August 15, 2019 2:50 am
USDCAD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.3015. As long as the trend line support holds, the upside movement could be expected to continue and next target...

USDCAD Daily Analysis – August 14, 2019

by ForexCycle.com | August 14, 2019 4:16 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 signal completion of the uptrend from 1.3015, then deeper decline to 1.3050 area could...

USDCAD Daily Analysis – August 13, 2019

by ForexCycle.com | August 13, 2019 2:29 am
USDCAD failed to break below the rising trend line on the 4-hour chart and rebounded from 1.3195. However, another fall to test the trend line support is still possible, a breakdown below could take the price to...

USDCAD Daily Analysis – August 12, 2019

by ForexCycle.com | August 12, 2019 4:21 am
USDCAD is facing the support of the rising trend line on the 4-hour chart. As long as the trend line support holds, the pullback from 1.3344 could be treated as consolidation for the uptrend from 1.3015, another...

USDCAD Daily Analysis – August 9, 2019

by ForexCycle.com | August 9, 2019 2:37 am
USDCAD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.3015. As long as the trend line support holds, the pullback from 1.3344 could be treated as consolidation for the...

USDCAD Daily Analysis – August 8, 2019

by ForexCycle.com | August 8, 2019 1:43 am
USDCAD’s upside movement from 1.3015 extended to as high as 1.3344. Further rise is still possible after a minor consolidation and next target would be at 1.3400 area. Near term support is at 1.3280, a breakdown below...

USDCAD Daily Analysis – August 7, 2019

by ForexCycle.com | August 7, 2019 2:03 am
USDCAD extended its upside movement from 1.3015 to as high as 1.3290. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next...

USDCAD Daily Analysis – August 6, 2019

by ForexCycle.com | August 5, 2019 10:48 pm
USDCAD remains in the uptrend from 1.3015, the pullback from 1.3265 is likely consolidation for the uptrend. As long as the price is in the rising price channel on the 4-hour chart, the uptrend could be expected...

USDCAD Daily Analysis – August 5, 2019

by ForexCycle.com | August 5, 2019 4:35 am
USDCAD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.3015. As long as the channel support holds, the pullback from 1.3265 could be treated as consolidation for the uptrend,...