USDCAD Analysis. Feb 6, 2008

by ForexCycle.com | February 5, 2008 6:58 pm
USDCAD is in consolidation to the up trend, and the consolidation might be completed at 0.9871 level, further rebound towards 1.0378 is now in favor, and a break above 1.0118 level will confirm such case. Key support...

USDCAD Analysis. Feb 2, 2008

by ForexCycle.com | February 1, 2008 9:26 pm
USDCAD is in consolidation to the up trend. The fall from 1.0378 extended to as low as 0.9871. Further fall towards 0.9756 previous low to complete the consolidation is expected. Key support is at 0.9756, only breakdown...

USDCAD Analysis. Jan 30, 2008

by ForexCycle.com | January 29, 2008 7:48 pm
USDCAD is in consolidation to the up trend. The fall from 1.0378 extended to as low as 0.9943. Further fall towards 0.9885 area to complete the consolidation is expected. Key support is at 0.9756, only breakdown below...

USDCAD Analysis. Jan 26, 2008

by ForexCycle.com | January 25, 2008 8:11 pm
USDCAD dropped sharply from 1.0378 and reached as low as 1.0015 level. Further fall towards 0.9885 area is expected next week. However, the fall from 1.0378 is treated as consolidation to the up trend, previous low support...

USDCAD Analysis. Jan 23, 2008

by ForexCycle.com | January 22, 2008 8:50 pm
No changed in our view, USDCAD broke above 1.0248 previous high and reached as high as 1.0378 level. Further rally towards 1.0750 area is expected. Near term support is at 1.0124, as long as this support holds,...

USDCAD Analysis. Jan 20, 2008

by ForexCycle.com | January 19, 2008 7:16 pm
As expected, USDCAD broke above 1.0248 previous high and reached as high as 1.0307 level. Further rally towards 1.0750 area is expected. Near term support is at 1.0124, as long as this support holds, up trend will...

USDCAD Analysis. Jan 16, 2008

by ForexCycle.com | January 15, 2008 7:39 pm
No changed in our view, USDCAD is testing the previous high resistance at 1.0248 level, break above this level will more likely be seen after consolidation, and further rally towards 1.0750 area is expected to follow. Near...

USDCAD Analysis. Jan 13, 2008

by ForexCycle.com | January 13, 2008 3:20 am
USDCAD is testing the previous high resistance at 1.0248 level, break above this level will more likely be seen next week, and further rally towards 1.0750 area is expected to follow. Near term support is at 0.9756,...

USDCAD Analysis. Jan 9, 2008

by ForexCycle.com | January 8, 2008 8:13 pm
USDCAD may be forming a cycle bottom at 0.9756 on daily chart, key resistance is at 1.0248, a break of this level will confirm the cycle bottom, and further rally towards 1.0800 area is expected. Near term...

USDCAD Analysis, Jan 5, 2008

by ForexCycle.com | January 5, 2008 5:20 am
USDCAD may be forming a cycle bottom at 0.9756 on daily chart. Further rally towards 1.0800 area is expected. Near term support is at 0.9756, only breakdown below this level will indicate lengthier correction to the up...