USD/CAD Forecast December 11, 2015, Technical Analysis

by FX Empire | December 11, 2015 8:51 am
The USD/CAD pair initially fell during the day on Thursday but found enough support yet again to turn things around and form a rather bullish looking candle. In fact, we are testing the highs and it’s only...

USD/CAD Forecast December 10, 2015, Technical Analysis

by FX Empire | December 10, 2015 6:42 am
The USD/CAD pair initially fell during the day on Wednesday, but found more than enough support as the 1.35 level is now offering support. It was previous resistance, so this goes well with common technical analysis theories,...

USD/CAD Forecast December 9, 2015, Technical Analysis

by FX Empire | December 9, 2015 7:46 am
The USD/CAD pair broke higher during the course of the session on Tuesday, clearing the 1.35 handle. The fact that we are broken above there signifies that the market is ready to go higher given enough time,...

USD/CAD Forecast December 8, 2015, Technical Analysis

by FX Empire | December 8, 2015 7:23 am
The USD/CAD pair broke out finally during the course of the session on Monday, meaning that we should see continued bullish pressure. On top of that, we broke above the psychologically significant 1.35 handle, and of course...

USDCAD Weekly Analysis – December 6, 2015

by ForexCycle.com | December 6, 2015 8:41 am
USDCAD is testing 1.3456 resistance, a break of this level will indicate that the uptrend from 1.1919 has resumed, then next target would be at 1.4000 area. Near term support is at 1.3200, only break below this...

USD/CAD Forecast December 7, 2015, Technical Analysis

by FX Empire | December 5, 2015 6:09 am
The USD/CAD pair went back and forth during the course of the day on Wednesday as we got employment numbers out of both the United States and Canada. Because of this, the market would always be volatile...

USD/CAD Forecast December 4, 2015, Technical Analysis

by FX Empire | December 4, 2015 5:50 am
The USD/CAD pair tried to rally during the course of the day on Thursday, but turned back around to give up about half of the gains. Ultimately though, the thing that we know about this particular pair...

USD/CAD Forecast December 2, 2015, Technical Analysis

by FX Empire | December 2, 2015 6:32 am
The USD/CAD pair initially fell during the day on Tuesday, but found enough support near the 1.33 level to form a bit of a hammer. This is a market that should have quite a bit of volatility...

USD/CAD Forecast December 1, 2015, Technical Analysis

by FX Empire | December 1, 2015 5:21 am
The USD/CAD pair initially fell during the day on Monday, but turned back around near the 1.33 level to bounce and form a bit of a hammer. This hammer of course is a bullish sign and therefore...

USDCAD Weekly Analysis – November 29, 2015

by ForexCycle.com | November 29, 2015 7:28 am
USDCAD is facing 1.3456 resistance, a break of this level will signal resumption of the uptrend from 1.1919, then the following upward movement could bring price to 1.4000 area. Near term support is at 1.3200, only break...