USDCAD Daily Analysis – March 13, 2018

by ForexCycle.com | March 13, 2018 2:27 am
USDCAD remains in the uptrend from 1.2247, the pullback from 1.3000 is likely consolidation for the uptrend. Support is located at the bottom trend line of the price channel on the 4-hour chart. As long as the...

USDCAD Daily Analysis – March 12, 2018

by ForexCycle.com | March 12, 2018 2:47 am
USDCAD broke below the bullish trend line on the 4-hour chart, suggesting that lengthier consolidation for the uptrend from 1.2247 is underway. Deeper decline is still possible in a couple of days and the target would be...

USDCAD Weekly Analysis – March 11, 2018

by ForexCycle.com | March 11, 2018 6:25 am
USDCAD stays above a bullish trend line on the daily chart and remains in the uptrend from 1.2248. As long as the price is above the trend line, the fall from 1.3000 could be treated as consolidation...

USD/CAD Price Forecast March 9, 2018, Technical Analysis

by FX Empire | March 9, 2018 6:01 am
The US dollar has rallied initially during trading on Thursday, reaching as high as 1.2950 during the early hours, but have pulled back just a little bit to test the 1.29 level. In general, this market is...

USDCAD Uptrend Pullback (Mar 9, 2018)

by Kate Curtis | March 9, 2018 4:42 am
USDCAD is trending higher on its 4-hour time frame and is trading above an ascending trend line. Price looks ready for a pullback and applying the Fib tool on the latest swing low and high shows that...

USDCAD Daily Analysis – March 9, 2018

by ForexCycle.com | March 9, 2018 3:08 am
USDCAD remains in the uptrend from 1.2450. As long as the price is above the bullish trend line on the 4-hour chart, the fall from 1.3000 could be treated as consolidation for the uptrend, and another rise...

USDCAD Short-Term Selloff (Mar 8, 2018)

by Kate Curtis | March 8, 2018 4:04 am
USDCAD formed a double top reversal pattern on its 1-hour time frame, signaling that the rally could be over. Price has yet to break below the neckline at 1.2865 to confirm the potential selloff. The chart pattern...

USDCAD Daily Analysis – March 7, 2018

by ForexCycle.com | March 7, 2018 2:46 am
USDCAD stays above a bullish trend line on its 4-hour chart and remains in the uptrend from 1.2450. As long as the trend line support holds, the upside movement could be expected to continue and next target...

USDCAD Daily Analysis – March 6, 2018

by ForexCycle.com | March 6, 2018 4:03 am
USDCAD broke above 1.2920 (Dec 19, 2017 high) resistance and extended its upside movement from 1.2450 to as high as 1.3000. Further rise is till possible after a minor consolidation and next target would be at 1.3100...

USDCAD Daily Analysis – March 5, 2018

by ForexCycle.com | March 5, 2018 2:58 am
USDCAD is facing 1.2920 (Dec 19, 2017 high) resistance, a breakout of this level could take price towards 1.3100 area. Near term support is at 1.2809, a breakdown below this level could bring price back towards the...