USD/CAD Forecast August 10, 2016, Technical Analysis

by FX Empire | August 10, 2016 8:21 am
The USD/CAD pair initially tried to rally during the course of the day on Tuesday, but fell significantly from there. There is still a significant uptrend line just below though, and as a result I feel that...

USD/CAD Forecast August 9, 2016, Technical Analysis

by FX Empire | August 9, 2016 6:19 am
The USD/CAD pair fell slightly during the course of the session on Monday, but as you can see did find a little bit of support just below. Ultimately, this is a market that should find buyers getting...

USD/CAD Forecast August 8, 2016, Technical Analysis

by FX Empire | August 8, 2016 7:42 am
During the day on Friday, the USD/CAD pair rallied quite significantly after the jobs numbers came out of both the United States and of course Canada. This was a bit of a “perfect storm” when it comes...

USDCAD Ascending Channel (Aug 08, 2016)

by Kate Curtis | August 8, 2016 6:21 am
USDCAD is still trending higher, moving inside the ascending channel on its 4-hour time frame. Price just bounced off support and could be due for another test of resistance once it moves past the mid-channel area of...

USDCAD Weekly Analysis – August 7, 2016

by ForexCycle.com | August 7, 2016 2:28 pm
USDCAD is in short term uptrend from 1.2654. Further rise is still possible in a couple of weeks, and the target would be at 1.3300 – 1.3400 area. Support level is at 1.2800, a breakdown below this...

USD/CAD Forecast August 5, 2016, Technical Analysis

by FX Empire | August 5, 2016 5:56 am
The USD/CAD pair initially tried to rally during the course of the day on Thursday, but turned right back around to crash into the 1.30 handle. However, this is going to be a monumental day for this...

USD/CAD Forecast August 4, 2016, Technical Analysis

by FX Empire | August 4, 2016 6:23 am
The USD/CAD pair initially tried to rally during the course of the day on Wednesday, but turned back around to form a bit of a shooting star. There is a massive amount of support below though, especially...

USD/CAD Forecast August 3, 2016, Technical Analysis

by FX Empire | August 3, 2016 8:32 am
The USD/CAD pair initially fell during the course of the session on Tuesday, crashing into the 1.30 level below. By doing so, they found quite a bit of buyers and we bounced enough to form a nice-looking...

USD/CAD Forecast August 2, 2016, Technical Analysis

by FX Empire | August 2, 2016 6:45 am
The USD/CAD pair initially tried to fall during the course of the session on Monday, but then turned right back around to form a very bullish candle. With this being the case, we can break above the...

USD/CAD Forecast August 1, 2016, Technical Analysis

by FX Empire | August 1, 2016 6:18 am
The USD/CAD pair fell significantly during the course of the session on Friday, slamming into the 1.30 level. However, I can make an argument for a decent uptrend line just below, and of course oil markets or...