USDCAD Daily Analysis – October 29, 2018

by ForexCycle.com | October 29, 2018 5:49 am
USDCAD broke above 1.3132 resistance and extended its upside movement from 1.2782 to 1.3160 area. Further rise could be expected and next target would be at 1.3200 area. Key support is at 1.2969, only a breakdown below...

USDCAD Weekly Analysis – October 28, 2018

by ForexCycle.com | October 28, 2018 6:59 am
USDCAD broke above the bearish trend line on the daily chart, suggesting that the downside movement from 1.3385 had completed at 1.2782 already. Further rise is still possible and next target would be at 1.3300 area. Near...

USDCAD Daily Analysis – October 26, 2018

by ForexCycle.com | October 26, 2018 2:26 am
USDCAD stays above a bullish trend line on the 4-hour 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 – October 25, 2018

by ForexCycle.com | October 25, 2018 2:53 am
USDCAD rebounded strongly from 1.2969 after touching the bullish trend line on the 4-hour chart, suggesting that the pair remains in the uptrend from 1.2782. As long the price is above the trend line, the fall from...

USDCAD Daily Analysis – October 24, 2018

by ForexCycle.com | October 24, 2018 2:42 am
USDCAD remains in the uptrend from 1.2915, the pullback from 1.3132 could be treated as consolidation for the uptrend. As long as 1.3025 support holds, the uptrend could be expected to resume and further rise to 1.3200...

USDCAD Daily Analysis – October 23, 2018

by ForexCycle.com | October 23, 2018 3:59 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 in a couple of days and next target would be at 1.3200 area. Near...

USDCAD Daily Analysis – October 22, 2018

by ForexCycle.com | October 22, 2018 2:51 am
USDCAD extended its upside movement from 1.2782 to as high as 1.3132. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be expected to continue and next...

USDCAD Weekly Analysis – October 20, 2018

by ForexCycle.com | October 20, 2018 8:03 am
USDCAD is facing the resistance of the falling trend line on the daily chart. As long as the trend line resistance holds, the bounce from 1.2782 could be treated as consolidation for the downtrend, and another fall...

USDCAD Daily Analysis – October 19, 2018

by ForexCycle.com | October 19, 2018 2:47 am
USDCAD broke above 1.3071 resistance, suggesting that the upside movement from 1.2782 has resumed. Further rise could be expected and next target would be at 1.3150 area. Support is at 1.3015, only a breakdown below this level...

USDCAD Daily Analysis – October 18, 2018

by ForexCycle.com | October 18, 2018 3:23 am
USDCAD broke above 1.3000 resistance, suggesting that the falling from 1.3071 had completed at 1.2915 already. Further rise could be expected and a break of 1.3071 resistance could take the price to 1.3150 area. Support is at...