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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 – 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. […]

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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 […]

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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 […]

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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 […]

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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 – 29th Jan to 2nd Feb 2018

The USDCAD has another attempt to break lower and it finished the week near the lows suggesting that this move has some more room to the downside. We can’t exclude the fact that USDCAD can also try to fill in the last week price range but in order for that to happen we need any […]

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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 – 29th Jan to 2nd Feb 2018

The USDCAD has another attempt to break lower and it finished the week near the lows suggesting that this move has some more room to the downside. We can’t exclude the fact that USDCAD can also try to fill in the last week price range but in order for that to happen we need any […]

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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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