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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 – 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 […]

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

The USDCAD has retraced some of the previous losses and now is challenging the upside. As long as we remain and trade above the big psychological number 1.2500 we can expect the current bullish run to have more legs to the upside but not before to see another attempt to break lower. On the downside, […]

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

The USDCAD has potentially put in place a new swing low but last week early rally can also see some deep retracement before new highs to be seen. But for the bullish case to remain valid we need any sell off to remain above last week low 1.2248. We can also mention intraday support level […]

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USDCAD Weekly Forex Forecast – 22nd to 26th Jan 2018

The USDCAD is almost unchanged and finished the last week almost where it started. Since we’re still in a trading range between the last week low 1.2350 which can act now as support and the resistance level 1.2550, which is the top of the range. We can also note the big psychological number 1.2500 as […]

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USDCAD Weekly Forex Forecast – 15th to 19th Jan 2018

The USDCAD has retraced back some of the previous losses but it only managed to post a very weak close above the big psychological number 1.2500. The inability to post a decisive close above the round number 1.2500 can send the USDCAD in consolidation mode. Now the key support level remains last swing low 1.2354 […]

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USDCAD Weekly Forex Forecast – 8th to 12th Jan 2018

The USDCAD has extended the previous loses and it reached new lows but the current sell off looks overextended and a bounce can be in cards sooner rather than later. Despite the break below the big psychological number 1.2500 the stochastic indicator is providing us with extreme oversold conditions which suggest a pause in the […]

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USDCAD Weekly Forex Forecast – 1st to 5th Jan 2018

The USDCAD has held above the big psychological number 1.2500 despite the strong sell off into the year end. We’re also near our support level 1.2550 from where we can expect a bounce and a return back into the range. Only a daily close below the big round number 1.2500 will open the door for […]

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USDCAD Weekly Forex Forecast – 25th to 29th Dec 2017

The USDCAD is still trading in a very wide range between resistance 1.2916 and the top of the range and support level 1.2663 and the bottom of the range. We’re now in the process to retest the bottom of the range and if history is to be repeated we should expect another bounce. However, only […]

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