USD/CAD Forecast May 11, 2015, Technical Analysis

by FX Empire | May 9, 2015 2:17 pm
The USD/CAD pair fell during the course of the day on Friday, but found support at the 1.20 level yet again. The market looks rather sideways, but in the weekly timeframe we have a significant amount of...

USD/CAD Forecast May 8, 2015, Technical Analysis

by FX Empire | May 8, 2015 5:25 am
The USD/CAD pair broke higher during the course of the day on Thursday, clearing the top of the hammer that had formed on Wednesday. However, both the United States and Canada have employment numbers coming out today,...

USD/CAD Forecast May 7, 2015, Technical Analysis

by FX Empire | May 7, 2015 6:37 am
The USD/CAD pair recently broke down during the course of the day on Wednesday, but found enough support below the 1.20 level to turn things back around and find a little bit of stability. However, the hammer...

USD/CAD Forecast May 6, 2015, Technical Analysis

by FX Empire | May 6, 2015 11:25 am
The USD/CAD pair broke down during the session on Tuesday, testing the 1.20 support level. This is an area that is rather supportive, so it could take a bit of a fight to break down below here....

USD/CAD Forecast May 5, 2015, Technical Analysis

by FX Empire | May 5, 2015 6:12 am
The USD/CAD pair broke down during the course of the session on Monday, testing the 1.21 level. However, we see the 1.20 level below as massively supportive, so having said that we don’t really have any interest...

USDCAD Weekly Analysis – May 3, 2015

by ForexCycle.com | May 3, 2015 6:32 am
USDCAD’s downward movement from 1.2835 extended to as low as 1.1945. Further decline is still possible after a minor consolidation, and next target would be at 1.1500 area. Resistance is at the top of the price channel...

USD/CAD Forecast May 4, 2015, Technical Analysis

by FX Empire | May 3, 2015 5:20 am
The USD/CAD pair rose during the session on Friday, as we continue to see a bit of a bounce from the 1.20 region. Because of this, the market looks as if it is ready to continue going...

USD/CAD Forecast May 1, 2015, Technical Analysis

by FX Empire | May 1, 2015 6:33 am
The USD/CAD pair broke higher during the course of the day on Thursday, clearing the top of the hammer in order to fire off by signals. However, we did struggle above the 1.21 handle, so it is...

USD/CAD Forecast April 30, 2015, Technical Analysis

by FX Empire | April 30, 2015 6:06 am
The USD/CAD pair fell below the 1.20 level during the session on Wednesday as the GDP numbers out of America were less than anticipated. However, later in the day we turn things back around and formed a...

USD/CAD Forecast April 29, 2015, Technical Analysis

by FX Empire | April 29, 2015 7:33 am
The USD/CAD pair broke down during the course of the session on Tuesday, as we head towards the 1.20 handle. This is an area that should have plenty of support though, based upon the large, round, psychologically...