USDCAD Daily Analysis – March 29, 2019

by ForexCycle.com | March 29, 2019 3:05 am
USDCAD broke above 1.3444 resistance, suggesting that the upside movement from 1.3250 has resumed. Further rise to test 1.3467 resistance is possible, above this level would aim 1.3500 area. Key support is at 1.3371, a breakdown below...

USDCAD Daily Analysis – March 28, 2019

by ForexCycle.com | March 28, 2019 3:33 am
USDCAD moved sideways in a trading range between 1.3371 and 1.3444. Support is at 1.3371, a breakdown below this level could take the price to next support level at 1.3300. Resistance is at 1.3444, above this level...

USDCAD Daily Analysis – March 27, 2019

by ForexCycle.com | March 27, 2019 2:47 am
USDCAD’s fall from 1.3444 extended to as low as 1.3371. Deeper decline would likely be seen in a couple of days and next target would be at 1.3300 area. Resistance is at 1.3444, only break above this...

USDCAD Daily Analysis – March 26, 2019

by ForexCycle.com | March 26, 2019 4:44 am
USDCAD failed to break above 1.3467 resistance and pulled back from 1.3444. Further decline would likely be seen in the coming days and next target would be at 1.3300 area. Resistance is at 1.3444, only break above...

USDCAD Daily Analysis – March 25, 2019

by ForexCycle.com | March 25, 2019 3:50 am
USDCAD remains in the uptrend from 1.3250. Further rise to test 1.3467 resistance is possible in the coming days. Near term support is at 1.3380, a breakdown below this level could bring the price back towards 1.3330...

USDCAD Weekly Analysis – March 24, 2019

by ForexCycle.com | March 24, 2019 12:54 pm
USDCAD is facing 1.3467 resistance. As long as this level holds, the bounce from 1.3068 could be treated as consolidation for the downtrend from 1.3664, another fall towards 1.3000 is still possible after the consolidation. On the...

USDCAD Daily Analysis – March 22, 2019

by ForexCycle.com | March 22, 2019 3:18 am
USDCAD broke above 1.3370 resistance, suggesting that the downside movement from 1.3467 had completed at 1.3250 already. Further rally would likely be seen in the coming days and next target would be at 1.3450 area. Near term...

USDCAD Daily Analysis – March 21, 2019

by ForexCycle.com | March 21, 2019 1:51 am
USDCAD is facing 1.3250 support, a breakdown below this level could trigger another downside movement towards 1.3150. Key resistance is at 1.3370, only break above this level would indicate that the downtrend from 1.3467 is complete.

USDCAD Daily Analysis – March 20, 2019

by ForexCycle.com | March 20, 2019 2:54 am
USDCAD extended its downside movement from 1.3467 to as low as 1.3250. Key resistance is at 1.3370, as long as this level holds, the downside movement could be expected to continue and next target would be at...

USDCAD Daily Analysis – March 19, 2019

by ForexCycle.com | March 19, 2019 12:57 am
USDCAD is in consolidation for the downtrend from 1.3467. Range trading between 1.3286 and 1.3390 would likely be seen in the coming days. Resistance is at 1.3390, as long as this level holds, the downtrend could be...