Archive

Category Archives for "USDCAD Weekly Forex Forecast"

Every week we recap the previous week and forecast the following week where we think the USDCAD will be heading in our USDCAD Weekly Forex Forecast. We know you will like our short but concise USDCAD analysis.

USDCAD Weekly Forex Forecast – 16th to 20th April 2018

The USDCAD is holding above the big psychological number 1.2500 and as long as we’re trading above this figure we can see an actual reversal. However, there is still a danger that current intraday support level 1.2570 can be broken to challenge the big figure 1.2500. On the upside, the first area of interest comes […]

Continue reading

USDCAD Weekly Forex Forecast – 9th to 13th April 2018

The USDCAD technical pattern suggests that the Canadian dollar might be poised for more strength in the near future after the USD/CAD successfully managed to break below key support level 1.2800. However, a daily break and close above 1.2800 can easily negate the bullish case and put the bulls in the money again. In this […]

Continue reading

USDCAD Monthly Forex Forecast for April 2018

The USDCAD is trading above the yearly opening price and has made a new higher high which makes the case for a strong bullish trend. However, in order for the bulls to take control of this market we really need a break and a daily close above the big psychological number 1.3000. As long as […]

Continue reading

USDCAD Weekly Forex Forecast – 2nd to 6th April 2018

The USDCAD trading range got even tighter as we finished previous trading week almost where we started it. The support level 1.2800 continues to hold the downside for the time being which can give us hopes we can see another attempt to challenge the big psychological number 1.3000. We believe that any attempts to break […]

Continue reading

USDCAD Weekly Forex Forecast – 26th to 30th Mar 2018

The USDCAD has taken a strong dip below the big psychological number 1.3000. Last week sell off hasn’t altered the bullish trend started since the beginning of the year. We’re still trading inside the previous consolidation zone with 1.2800 being the line in the sand. Only a daily break and close below 1.2800 can place […]

Continue reading

USDCAD Weekly Forex Forecast – 19th to 23rd Mar 2018

The USDCAD made a strong move for the bullish case after it has successfully broke above the big psychological number 1.3000. We don’t have any major resistance close to the current price so only a sell off and a daily close below 1.3000 can give the bears another chance to take control of this market. […]

Continue reading

USDCAD Weekly Forex Forecast – 12th to 16th Mar 2018

The USD/CAD has found resistance at the big psychological number 1.3000. The inability to sustain any rally above the big round number suggests that the current rally has run out of gas and now we can expect to see a retracement or at least to consolidate in the near future. On the downside, we have […]

Continue reading

USDCAD Weekly Forex Forecast – 5th to 9th Mar 2018

  The USDCAD technical pattern has reached an important resistance level at 1.2916 which is also the last week high. As long as we trade below 1.2916 we should expect to see the market retracing some of the previous gains. However a break above can open the door for more upside and possibly a retest […]

Continue reading

USDCAD Weekly Forex Forecast – 26th Feb to 2nd Mar 2018

The USDCAD has continued to sustain the rally above the big psychological number 1.2500 which suggests that we can see more legs to the upside. There is also a big change that we’re currently in the process of establishing a much wider trading range. Last week high 1.2752 should hold for now any rally but […]

Continue reading

USDCAD Weekly Forex Forecast – 19th to 23rd Feb 2018

The USDCAD has broken for a brief period of time below the big round number 1.2500 but we managed to regain that level and close above it on a weekly basis. However the broad base dollar weakness may suggest that we shouldn’t but too much weight on the bull side. A break and a daily […]

Continue reading
1 2 3 9