USD/CAD Forecast June 30, 2015, Technical Analysis

by FX Empire | June 30, 2015 10:39 am
The USD/CAD pair initially rallied during the course of the session on Monday, but gave back some of the gains. By doing so, this is a market that seems to really have no conviction at all. Because...

USD/CAD Forecast June 29, 2015, Technical Analysis

by FX Empire | June 29, 2015 9:02 am
Initially during the session on Friday, the USD/CAD pair tried to rally but failed. The 1.24 level continues offer significant resistance, so we believe that the market is just simply going to fall from here but will...

USDCAD Weekly Analysis – June 28, 2015

by ForexCycle.com | June 28, 2015 7:19 am
USDCAD is in downtrend from 1.2563. Further decline to test 1.1919 support could be expected, a breakdown below this level will signal resumption of the longer term downtrend from 1.2835, then next target would be at 1.1500...

USD/CAD Forecast June 26, 2015, Technical Analysis

by FX Empire | June 26, 2015 7:45 am
The USD/CAD pair fell during the session on Thursday, as we continue to consolidate in general. Remember, the Canadian dollar is highly sensitive to the oil markets, and they are an absolute choppy mess at the moment....

USD/CAD Forecast June 25, 2015, Technical Analysis

by FX Empire | June 25, 2015 6:42 am
The USD/CAD pair initially fell during the day on Wednesday, triggering a lot of sell orders underneath the shooting star from Tuesday. However, we turned back around and slammed into the 1.24 handle, showing more choppiness in...

USD/CAD Forecast June 23, 2015, Technical Analysis

by FX Empire | June 23, 2015 7:51 am
The USD/CAD pair initially fell during the day on Monday, but found enough support near the 1.22 level to turn things back around and form a positive candle. The positive candle suggests that we are going to...

USDCAD Weekly Analysis – June 21, 2015

by ForexCycle.com | June 21, 2015 5:25 am
USDCAD remains in downtrend from 1.2563, and the fall extended to as low as 1.2127. Further decline to test 1.1919 support would likely be seen, a breakdown below this level will signal resumption of the longer term...

USD/CAD Forecast June 22, 2015, Technical Analysis

by FX Empire | June 21, 2015 3:20 am
The USD/CAD pair broke higher during the course of the session on Friday, as the market broke above the hammer from the Thursday session. Because of that, we feel that the market will continue to go higher,...

USD/CAD Forecast June 18, 2015, Technical Analysis

by FX Empire | June 18, 2015 9:07 am
The USD/CAD pair initially rallied during the course of the session on Wednesday, but then turned back around to fall towards the 1.22 handle. Ultimately, we believe that this market should find support below though, so really...

USD/CAD Forecast June 17, 2015, Technical Analysis

by FX Empire | June 17, 2015 6:07 am
The USD/CAD pair continues to simply go sideways and really not make much in the way of a serious move has Wednesday proved to be very fruitless. At this point in time though, we also pay attention...