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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 – 1st to 5th Oct 2018

The USDCAD managed to break below the big round number 1.3000 and posted a strong weekly close. Even though the USD/CAD exchange rate is moving back and forth in a very wide trading range, we can note that inside this trading range Loonie is making consecutive lower lows followed by lower highs, which is the […]

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USDCAD Weekly Forex Forecast – 24th to 28th Sept 2018

The USDCAD managed to break and close below the big psychological number 1.3000, which signals a shift in the market sentiment. We should now expect more downside, but we still see the bulls not giving up the fight so easily. A retest of the big round number 1.3000 can still be in the cards, before […]

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USDCAD Weekly Forex Forecast – 17th to 21st Sept 2018

The USDCAD bulls managed to defend again the big psychological number 1 .3000 and we have posted a weekly close above this key support level. But since the stochastic indicator is already showing an overbought reading we can expect another test of this big round number and possible, we can also see a brief breakout […]

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USDCAD Weekly Forex Forecast – 10th to 14th Sept 2018

The USDCAD continues its advance above the big round number 1.3000, but stalled near the resistance level 1.3220. The bulls need now a daily break and close above 1.3220 to open up the door for another attempt to break above the double top pattern established at 1.3381,which is also the high of 2018. As long […]

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USDCAD Monthly Forex Forecast for Sept 2018

USDCAD has been trading in a very narrow trading range the whole month of August and as long as we trade above the big psychological number 1.3000 the bulls remain in control. However, we can’t rule out a short-lived sell off all the way down until we retest the support level 1.2920 from where we […]

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USDCAD Weekly Forex Forecast – 3rd to 7th Sept 2018

The USDCAD exchange rate made a “U” turn and recovered all the losses to close the last week on a positive note. The weekly close above the big psychological number 1.3000 shows that the bulls are still in control. However, the stochastic indicator is displaying an extreme overbought reading, which suggests that we’ll see the […]

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USDCAD Weekly Forex Forecast – 27th to 31st August 2018

The USDCAD continues to trade above the key psychological number 1.3000. However, the weak close above it suggests that we may see a false breakout below it next week. Only a daily break and close below 1.3000 will shift the sentiment more to the downside. A break below can open the door for a retest […]

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USDCAD Weekly Forex Forecast – 13th to 17th August 2018

The USDCAD manages to break again above the big psychological number 1.3000 setting the tone for more strength. The strong weekly close above the big round number has opened the door for a retest of the next important resistance level 1.3220. Only a daily break and close below 1.3000 can shift the sentiment and open […]

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USDCAD Weekly Forex Forecast – 6th to 10th August 2018

The USDCAD broke and posted a weekly close below the big psychological number 1.3000, which gives a strong case for more bearishness in the market. The first important level of support comes at 1.2920 and a close below this level can open the door for more weakness all the way down to 1.2814. On the […]

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