USDCAD Daily Analysis – March 18, 2019

by ForexCycle.com | March 18, 2019 12:27 am
USDCAD broke above the bearish trend line on the 4-hour chart, suggesting that lengthier consolidation for the downtrend from 1.3467 is underway. Range trading between 1.3286 and 1.3390 would likely be seen in a couple of days....

USDCAD Weekly Analysis – March 16, 2019

by ForexCycle.com | March 16, 2019 8:45 am
USDCAD remains in the downtrend from 1.3664, the bounce from 1.3068 is likely consolidation for the downtrend. Another fall towards 1.3150 is possible after the consolidation. Resistance is at 1.3467, only a break of this level could...

USDCAD Daily Analysis – March 15, 2019

by ForexCycle.com | March 15, 2019 1:04 am
USDCAD remains in the downtrend from 1.3467, as long as the price is below the trend line, the bounce from 1.3286 could be treated as consolidation for the downtrend. Further decline could be expected in a couple...

USDCAD Daily Analysis – March 14, 2019

by ForexCycle.com | March 14, 2019 6:08 am
USDCAD stays below a fall trend line on the 4-hour chart and remains in the downtrend from 1.3467. Further decline is still possible after a minor consolidation and next target would be at 1.3250 area. Only a...

USDCAD Daily Analysis – March 13, 2019

by ForexCycle.com | March 13, 2019 5:30 am
USDCAD’s pullback from 1.3467 extended to as low as 1.3350. Deeper decline is still possible and next target would be at 1.3300 area. Resistance is at the falling trend line on the 4-hour chart, a breakout of...

USDCAD Daily Analysis – March 12, 2019

by ForexCycle.com | March 12, 2019 2:47 am
USDCAD is in consolidation for the uptrend from 1.3112. Range trading between 1.3345 and 1.3467 would likely be seen in a couple of days. Key support is at 1.3345, as long as this level holds, the upside...

USDCAD Daily Analysis – March 11, 2019

by ForexCycle.com | March 11, 2019 3:52 am
USDCAD broke below 1.3413 support, suggesting that consolidation for the uptrend from 1.3112 is underway. Range trading between 1.3345 and 1.3467 would likely be seen in a couple of days. As long as 1.3345 support holds, the...

USDCAD Weekly Analysis – March 10, 2019

by ForexCycle.com | March 10, 2019 6:31 am
USDCAD broke above 1.3375 resistance, suggesting that the downside movement from 1.3664 had completed at 1.3068 already. Further rally could be expected and next target would be at 1.3600 area. Support is at 1.3300, a breakdown below...

USDCAD Daily Analysis – March 8, 2019

by ForexCycle.com | March 8, 2019 3:09 am
USDCAD remains in the uptrend from 1.3112. As long as 1.3413 support holds, the upside movement could be expected to continue and next target would be at 1.3500 area. On the downside, a breakdown below 1.3413 support...

USDCAD Daily Analysis – March 7, 2019

by ForexCycle.com | March 7, 2019 3:33 am
USDCAD’s upside movement from 1.3112 extended to as high as 1.3456. Further rise could be expected after a minor consolidation and next target would be at 1.3500 area. Support is at 1.3380, only a breakdown below this...