USDCAD Daily Analysis – November 9, 2018

by ForexCycle.com | November 9, 2018 4:48 am
USDCAD broke above 1.3169 resistance, suggesting that the uptrend from 1.2782 has resumed. Further rise could be expected and next target would be at 1.3250 area. Key support is at 1.3048, only a breakdown below this level...

USDCAD Daily Analysis – November 8, 2018

by ForexCycle.com | November 8, 2018 3:07 am
USDCAD continued its sideways movement in a trading range between 1.3048 and 1.3169. The sideways move is likely consolidation for the uptrend from 1.2782. As long as 1.3048 support holds, the upside movement could be expected to...

USDCAD Daily Analysis – November 7, 2018

by ForexCycle.com | November 7, 2018 2:39 am
USDCAD moved sideways in a trading range between 1.3048 and 1.3169. As long as 1.3048 support holds, the price action in the range could be treated as consolidation for the uptrend from 1.2782 and further rise to...

USDCAD Daily Analysis – November 6, 2018

by ForexCycle.com | November 6, 2018 12:35 am
USDCAD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 1.2782. Another rise to test 1.3169 resistance would likely be seen and a break of this level would take the...

USDCAD Daily Analysis – November 5, 2018

by ForexCycle.com | November 5, 2018 2:06 am
USDCAD failed to break below the bullish trend line on the 4-hour chart, suggesting that the pair remains in the uptrend from 1.2782. Another rise could be expected and next target would be at 1.3250 area. Key...

USDCAD Weekly Analysis – November 3, 2018

by ForexCycle.com | November 3, 2018 4:04 am
USDCAD stays above a rising trend line on its daily chart and remains in the uptrend from 1.2782. As long as the trend line support holds, the upside movement could be expected to continue and next target...

USDCAD Daily Analysis – November 2, 2018

by ForexCycle.com | November 2, 2018 2:21 am
USDCAD remains in the uptrend from 1.2782, the pullback from 1.3169 is likely consolidation for the uptrend. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be...

USDCAD Daily Analysis – November 1, 2018

by ForexCycle.com | November 1, 2018 4:58 am
USDCAD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 1.2782. Further rise could be expected after a minor consolidation and next target would be at 1.3200 area. Near term...

USDCAD Daily Analysis – October 31, 2018

by ForexCycle.com | October 31, 2018 2:28 am
USDCAD remains in the uptrend from 1.2782. Further rise is still possible after a minor consolidation and next target would be at 1.3200 area. Near term support is at 1.3065, a breakdown below this level could bring...

USDCAD Daily Analysis – October 30, 2018

by ForexCycle.com | October 30, 2018 2:08 am
USDCAD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.2782. As long as the price is above the trend line, the fall from 1.3159 could be treated as consolidation...