USDCAD Daily Analysis – February 12, 2019

by ForexCycle.com | February 12, 2019 12:53 am
USDCAD is facing 1.3329 resistance, a break of this level would indicate that the uptrend from 1.3068 has resumed, then next target would be at 1.3450 area. Near term support is at 1.3230, below this level could...

USDCAD Daily Analysis – February 11, 2019

by ForexCycle.com | February 11, 2019 2:38 am
USDCAD’s upside movement from 1.3068 extended to as high as 1.3329. Further rise is still possible after a minor consolidation and next target would be at 1.3450 area. Support is at 1.3230, a breakdown below this level...

USDCAD Weekly Analysis – February 10, 2019

by ForexCycle.com | February 10, 2019 5:46 am
USDCAD remains in the downtrend from 1.3664, the bounce from 1.3068 is likely consolidation for the downtrend. As long as 1.3375 resistance holds, the downside movement could be expected to resume, and next target would be at...

USDCAD Daily Analysis – February 7, 2019

by ForexCycle.com | February 7, 2019 1:31 am
USDCAD broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 1.3374 had completed at 1.3068 already. Further rally is still possible and next target would be at 1.3280 area. Near...

USDCAD: The first goal of the increase is the strike support level 1.3067

by Assistant Traders | February 6, 2019 9:59 am
The “host market” cash investments in derivatives for the Canadian dollar of the CME Group exchanges amounted to $ 26 billion 429 million. The capitalization of investments decreased by 15%. The net advantage of bullish positions increased...

USDCAD Daily Analysis – February 6, 2019

by ForexCycle.com | February 6, 2019 12:45 am
USDCAD is facing the resistance of the falling trend line on the 4-hour chart. As long as the trend line resistance holds, the bounce from 1.3068 could be treated as consolidation for the downtrend from 1.3374, another...

USDCAD Daily Analysis – February 5, 2019

by ForexCycle.com | February 5, 2019 5:18 am
USDCAD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.3374. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...

USDCAD Daily Analysis – February 4, 2019

by ForexCycle.com | February 4, 2019 12:42 am
USDCAD extended its downside movement from 1.3374 to as low as 1.3068. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected to continue and next...

USDCAD Weekly Analysis – February 2, 2019

by ForexCycle.com | February 2, 2019 2:51 pm
USDCAD broke below 1.3179 support and extended its downside movement from 1.3664 to as low as 1.3068. As long as the price is below the falling trend line on the daily chart, the downside movement could be...

USDCAD Daily Analysis – February 1, 2019

by ForexCycle.com | February 1, 2019 3:30 am
USDCAD stays below a bearish trend line on the 4-hour chart and remains in the downtrend from 1.3374. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...