USD/CAD Forecast June 24, 2016, Technical Analysis

by FX Empire | June 24, 2016 6:41 am
The USD/CAD pair initially fell during the course of the day but turned around and bounced enough to form a nice-looking hammer. That of course is a very bullish sign, and as a result it looks as...

USD/CAD Forecast June 23, 2016, Technical Analysis

by FX Empire | June 23, 2016 5:09 am
The USD/CAD pair initially fell during the day on Wednesday but turned right back around to form a bit of a hammer. The 1.28 level seems to be somewhat supportive, and there is a gap at the...

USD/CAD Forecast June 21, 2016, Technical Analysis

by FX Empire | June 21, 2016 6:27 am
The USD/CAD pair gapped lower at the open on Monday, and drifted a little bit lower. Ultimately, this is a market that should continue to fall towards the 1.2650 level next, and then perhaps even lower. Remember...

USDCAD Weekly Analysis – June 19, 2016

by ForexCycle.com | June 19, 2016 2:42 pm
No changed in our view, USDCAD remains in uptrend from 1.2460, the fall from 1.3188 could be treated as correction of the uptrend. Another rise could be expected after correction, and next target would be at 1.3600...

USD/CAD Forecast June 20, 2016, Technical Analysis

by FX Empire | June 18, 2016 9:12 am
The USD/CAD pair fell initially during the course of the session on Friday, but turn right back around to form a hammer. There is a shooting star from the Thursday session, so having said that it looks...

USD/CAD Forecast June 16, 2016, Technical Analysis

by FX Empire | June 16, 2016 5:42 am
The USD/CAD pair rose during the day on Wednesday, crashing into the 1.29 level. At this point in time, this is a pair that can be very volatile due to the fact that we get the Crude...

USD/CAD Forecast June 15, 2016, Technical Analysis

by FX Empire | June 15, 2016 5:56 am
The USD/CAD pair initially tried to rally during the day on Tuesday but found the 1.2850 level to be resistive enough to keep the market from going higher. In fact, we did up turning around to form...

USD/CAD Forecast June 14, 2016, Technical Analysis

by FX Empire | June 14, 2016 9:39 am
The USD/CAD pair initially tried to rally during the course of the Monday session, but turned back around to form a bit of a shooting star. Ultimately, the market looks as if it is going to try...

USDCAD Weekly Analysis – June 12, 2016

by ForexCycle.com | June 12, 2016 2:17 pm
USDCAD remains in uptrend from 1.2460, the fall from 1.3188 is likely correction of the uptrend. Another rise could be expected after correction, and next target would be at 1.3600 area. Support is at 1.2460, only break...

USD/CAD Forecast June 13, 2016, Technical Analysis

by FX Empire | June 11, 2016 7:50 am
The USD/CAD pair initially fell during the course of the session on Friday, but turn right back around to form a hammer. The hammer of course is a bullish sign so we could get a bit of...