Browsing Category
USD/CAD
Canadian Dollar Technical Forecast: USD/CAD Recovery Levels
Canadian Dollar Technical Forecast: USD/CAD Weekly Trade LevelsCanadian Dollar updated technical trade levels - Weekly ChartUSD/CAD defends yearly lows for a third time- focus…
Read More...
Read More...
US Dollar Technical Trade Setups: Gold, EUR/USD, USD/CAD Levels
Short-term Trade Outlook: Technical Setups on Gold, EUR/USD & USD/CADUpdated charts on technicals setups we’ve been tracking in Gold, USD/JPY & SPX500Gold rally…
Read More...
Read More...
Loonie is likely to continue to find it difficult to gain significant ground –
The Bank of Canada (BoC) surprised with a whopping 100 basis points rate hike to 2.5%. The loonie benefited against the USD, but gains were limited.…
Read More...
Read More...
Corrective pullback seeks validation from 1.2800
USD/CAD prints mild gains as it consolidates the biggest daily fall in two-months.
Six-week-old support line, 200-DMA challenged bears but 100-DMA guards…
Read More...
Read More...
USD/CAD bears now approaching support from 200-day SMA
USD/CAD retreats to two-month low, with 200-day SMA 'safety net' just below.
Hopes for a less aggressive Fed, the risk-on mood continues to weigh on the…
Read More...
Read More...
Canadian Dollar Price Forecast: USD/CAD Breakout Reverses
Canadian Dollar, USD/CAD Talking Points:USD/CAD put in a big breakout last week on the heels of Canadian inflation data and FOMC meeting minutes from the July rate decision.…
Read More...
Read More...
U.S. Dollar Back In Focus As Traders Wait For PPI Data
Key Insights
Today, traders will focus on PPI data from the U.S., which may have a significant impact on currency dynamics.
The tense situation in the European natural gas…
Read More...
Read More...
USD/CAD Rate Vulnerable After Snapping January Opening Range
Canadian Dollar Talking PointsUSD/CAD attempts to retrace the decline following the US Non-Farm Payrolls (NFP) report as it bounces back from a fresh monthly low (1.2610), but…
Read More...
Read More...
USD/CAD Rallies Toward Monthly High Ahead of US PCE Report
Canadian Dollar Talking PointsUSD/CAD trades to a fresh weekly high (1.2743) as the Bank of Canada (BoC) sticks to the sidelines at its first meeting for 2022, and fresh data…
Read More...
Read More...
USD/CAD Daily Forecast – U.S. Dollar Did Not Continue Its Rebound
U.S. Dollar Is Flat Against Canadian Dollar
USD/CAD remains stuck in the range between the support at 1.2450 and the resistance at 1.2480 while the U.S. dollar is under pressure…
Read More...
Read More...