USDCAD Daily Analysis – August 6, 2018

by ForexCycle.com | August 6, 2018 2:13 am
USDCAD extended its downside movement from 1.3289 to as low as 1.2967. Near term resistance is at the falling trend line on the 4-hour chart. As long as the trend line resistance holds, the downtrend could be...

USDCAD Weekly Analysis – August 5, 2018

by ForexCycle.com | August 5, 2018 6:27 am
USDCAD’s downside movement from 1.3385 extended to as low as 1.2967. Further decline is still possible in a couple of weeks and next target would be at bottom support trend line of the rising price channel on...

USDCAD Daily Analysis – August 3, 2018

by ForexCycle.com | August 3, 2018 2:20 am
USDCAD remains in the downtrend from 1.3289. As long as the price is below the falling trend line on the 4-hour chart, the bounce from 1.2975 could be treated as consolidation for the downtrend, and another fall...

USDCAD Daily Analysis – August 2, 2018

by ForexCycle.com | August 2, 2018 3:52 am
USDCAD stays below a falling trend line on its 4-hour chart and remains in the downtrend from 1.3289. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...

USDCAD Daily Analysis – August 1, 2018

by ForexCycle.com | August 1, 2018 3:58 am
USDCAD extended its downside movement from 1.3289 to as low as 1.2981. 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 Daily Analysis – July 31, 2018

by ForexCycle.com | July 31, 2018 1:02 am
USDCAD extended its downside movement towards 1.2994. As long as the price is in the falling trend line on the 4-hour chart, the downside movement could be expected to continue and next target would be at 1.2900...

USDCAD Daily Analysis – July 30, 2018

by ForexCycle.com | July 30, 2018 1:55 am
USDCAD stays in a falling price channel on its 4-hour chart and remains in the downtrend from 1.3289. As long as the price is in the channel, the downtrend could be expected to continue and next target...

USDCAD Weekly Analysis – July 29, 2018

by ForexCycle.com | July 29, 2018 7:43 am
USDCAD broke below 1.3063 support, confirming that the upside movement from 1.2526 had completed at 1.3385 already. Further decline would likely be seen in a couple of weeks and next target would be at 1.2900, followed by...

USDCAD Daily Analysis – July 27, 2018

by ForexCycle.com | July 27, 2018 12:33 am
USDCAD remains in the downtrend from 1.3289, the bounce from 1.3024 is likely consolidation for the downtrend. Resistance is now at the top trend line of the price channel on the 4-hour chart. As long as the...

USDCAD Daily Analysis – July 26, 2018

by ForexCycle.com | July 26, 2018 1:10 am
USDCAD extended its downside movement from 1.3289 to as low as 1.3024. Further decline could be expected after a minor consolidation and next target would be at 1.2900 area. Resistance is at 1.3120, only break above this...