USDCAD Analysis – Feb 27, 2008

by ForexCycle.com | February 26, 2008 8:30 pm
USDCAD breaks below this rising price channel support and is now in down trend. Further fall below 0.9756 previous low to reach the next cycle bottom on daily chart could still be seen. Near term resistance is...

USDCAD Analysis – Feb 24, 2008

by ForexCycle.com | February 23, 2008 8:24 pm
USDCAD broke above 1.0126 key resistance and is now in up trend. Further rise to test previous high resistance at 1.0378 is expected. Near term support is at the edge of the price channel, and key support...

USDCAD Analysis – Feb 20, 2008

by ForexCycle.com | February 19, 2008 7:04 pm
USDCAD broke above 1.0126 and reached as high as 1.0175 level. Further rise to test previous high resistance at 1.0378 is expected. Near term support is at the edge of the price channel, and key support is...

USDCAD Analysis – Feb 17, 2008

by ForexCycle.com | February 16, 2008 9:19 pm
USDCAD rebounded from the edge of the price channel. Further rise to 1.0750 area to reach the next cycle top on daily chart is still in favor, and a break of 1.0126 level is needed to confirm...

USDCAD Analysis – Feb 13, 2008

by ForexCycle.com | February 12, 2008 7:40 pm
Being supported by the price channel, USDCAD rebound from 0.9871 level. Rise towards 1.0750 area to reach the next cycle top on daily chart is still in favor, and a break of 1.0126 level is needed to...

USDCAD Analysis – Feb 9, 2008

by ForexCycle.com | February 8, 2008 8:18 pm
USDCAD’s consolidation from 1.0248 might be completed at 0.9871 level. Rise towards 1.0750 area to reach the next cycle top on daily chart is now in favor, and a break of 1.0126 level is needed to confirm...

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...