USDCAD Daily Analysis – November 21, 2018

by ForexCycle.com | November 21, 2018 1:50 am
USDCAD broke above 1.3263 resistance and extended its upside movement from 1.2782 to as high as 1.3317. Further rise is still possible after a minor consolidation and next target would be at 1.3350 area. Support is at...

USDCAD Daily Analysis – November 20, 2018

by ForexCycle.com | November 20, 2018 5:00 am
USDCAD failed to break below the rising price channel on the 4-hour chart and rebounded from 1.3126. Further rally would likely be seen and next target would be at 1.3250 area. Support is at 1.3126, only a...

USDCAD Daily Analysis – November 19, 2018

by ForexCycle.com | November 19, 2018 2:35 am
USDCAD is testing the support of the price channel on the 4-hour chart. A breakdown below the channel support would indicate that the upside movement from 1.2782 had completed at 1.3263 already, then deeper decline to 1.3050...

USDCAD Weekly Analysis – November 17, 2018

by ForexCycle.com | November 17, 2018 5:38 am
USDCAD stays above a rising trend line on the daily chart and remains in the uptrend from 1.2782. As long as the trend line support holds, the uptrend could be expected to continue and next target would...

USDCAD Daily Analysis – November 16, 2018

by ForexCycle.com | November 16, 2018 3:22 am
USDCAD is facing the support of the price channel on the 4-hour chart. As long as the channel support holds, the pullback from 1.3263 could be treated as consolidation for the uptrend and another rise towards 1.3300...

USDCAD Daily Analysis – November 15, 2018

by ForexCycle.com | November 15, 2018 1:34 am
USDCAD stays a bullish price channel on the 4-hour chart and remains in the uptrend from 1.2782. As long as the price is in the channel, the upside movement could be expected to continue and next target...

USDCAD Daily Analysis – November 14, 2018

by ForexCycle.com | November 14, 2018 1:58 am
USDCAD’s upside movement from 1.2782 extended to as high as 1.3263. Further rise is still possible after a minor consolidation and next target would be at 1.3300 area. Near term support is at 1.3170, below this level...

USDCAD Daily Analysis – November 13, 2018

by ForexCycle.com | November 13, 2018 1:15 am
USDCAD extended its upside movement from 1.2782 to as high as 1.3248. As long as the price is in the rising price channel on the 4-hour chart, the upside movement could be expected to continue and next...

USDCAD Daily Analysis – November 12, 2018

by ForexCycle.com | November 12, 2018 1:07 am
USDCAD stays in a bullish price channel on the 4-hour chart, suggesting that the pair remains in the uptrend from 1.2782. As long as the price is in the channel, the uptrend could be expected to continue...

USDCAD Weekly Analysis – November 10, 2018

by ForexCycle.com | November 10, 2018 4:48 am
USDCAD extended its upside movement from 1.2782 to as high as 1.3021, breaking above the resistance level at 1.3226. Further rise could be expected and next target would be at 1.3385 resistance. Near term support is located...