USD/CAD Forecast August 4, 2015, Technical Analysis

by FX Empire | August 4, 2015 5:56 am
The USD/CAD pair broke higher during the course of the session on Wednesday, breaking above the 1.31 handle handily. We believe that the market will continue to find buyers every time it dips, especially considering that the...

USD/CAD Forecast August 3, 2015, Technical Analysis

by FX Empire | August 3, 2015 6:51 am
The USD/CAD pair initially fell during the course of the session on Friday, but broken well above the 1.30 level in order to continue going higher. In fact, it looks like if we can get above the...

USDCAD Weekly Analysis – August 2, 2015

by ForexCycle.com | August 2, 2015 9:00 am
USDCAD remains in uptrend from 1.1919. Further rise could be expected after a minor consolidation, and next target would be at 1.4000 area. Support is now at 1.2850, as long as this level holds, the uptrend will...

USD/CAD Forecast July 30, 2015, Technical Analysis

by FX Empire | July 31, 2015 6:26 am
The USD/CAD pair broke higher during the course of the session on Thursday, clearing the top of the hammer that informed on Wednesday. We had suggested that this market was going to continue to consolidate in the...

USD/CAD Forecast July 29, 2015, Technical Analysis

by FX Empire | July 29, 2015 11:05 am
The USD/CAD pair broke down during the course of the session on Tuesday, but still remains within an area of massive support, extending all the way down to the 1.28 handle. With this, we are buyers on...

USD/CAD Forecast July 28, 2015, Technical Analysis

by FX Empire | July 28, 2015 6:11 am
The USD/CAD pair initially fell during the day on Monday, testing the 1.30 level for support. It did in fact find it there, and therefore we bounce enough to form a hammer. The hammer of course suggests...

USDCAD Short-Term Pullback (July 27, 2015)

by Kate Curtis | July 27, 2015 6:11 am
USDCAD recently made a strong rally past a key resistance area around 1.3000 and is currently retreating to that level at the start of the week. Price surged to the 1.3100 mark after the breakout and could...

USD/CAD Forecast July 27, 2015, Technical Analysis

by FX Empire | July 27, 2015 3:49 am
The USD/CAD pair initially tried to rally during the course of the session on Friday, but found enough resistance near the 1.31 level to turn things back around and form a shooting star. The shooting star is...

USDCAD Weekly Analysis – July 26, 2015

by ForexCycle.com | July 26, 2015 6:12 am
USDCAD’s upward movement from 1.1919 extended to as high as 1.3102. Further rise could be expected, and next target would be at 1.4000 area. Near term support is at 1.2900, as long as this level holds, the...

USD/CAD Forecast July 24, 2015, Technical Analysis

by FX Empire | July 24, 2015 6:53 am
The USD/CAD pair initially fell during the session on Thursday, but found enough support near the 1.2950 level to turn things back around, and form a massive hammer. This hammer of course is a very bullish sign,...