FLEX EAUSD/CAD Hovers Near 1.3500 After the Pullback From 1.3640
USDCAD is diving beneath the 1.3500 psychological mark and the 20-day simple moving average (SMA) after failing to jump above the 1.3640 resistance. …
Showing posts with the label USDCADShow all
USD/CAD Extends Slide Ahead of Job Reports
Canada’s employment change expected to slow US nonfarm payrolls projected to fall to 179,000 Canadian dollar rallies for third straight day The…
USD/CAD Climbs to 1-Mth High Ahead of Canadian GDP
Canada’s GDP expected to slow in March US releases Core PCE Price Index US/CAD hits 1-month high The Canadian dollar is down sharply ahead of t…
USD/CAD: upside reversal needs confirmation
The USD/CAD pair crashed in the last hours and it seems determined to reach and retest the near-term support levels before developing a new bullish m…
USD/CAD outlook for March 29, 2023
After breaking through the important short-term support levels 1.3715, 1.3680 (200 EMA on the 1-hour chart), 1.3630 (200 EMA on the 4-hour chart), U…
USD/CAD: false breakdown, aims at 1.3646
USD/CAD Buyers In Control! The currency pair jumped higher in the last hours and now is located above the uptrend line again. Its failure to stay b…
USDCAD sniffs the rising 100 hour MA and bounces on the first test
100 hour MA at 1.33759. The low reached 1.3382. USDCAD falls to the 100 hour MA The USDCAD moved to a new session low and in the process, s…
USDCAD rotates back toward 200 bar MA on 4-hour chart. Can support hold on the dip?
USDCAD higher today USDCAD trades between the 100 /200 bar MA on 4-hour chart The USDCAD moved down last week and in the process stalled ne…
USDCAD the extend to a new high ,breaks above its 200 hour moving average and then fails
Buyers fail on the break of the 100 and 200 hour MA USDCAD falls back below the 200/100 hour moving average The USDCAD moved to and through…
USD/CAD Rate Outlook Hinges on BoC Interest Rate Decision
USD/CAD appears to be reversing course following the failed attempt to test the yearly high (1.3224), but the Bank of Canada (BoC) interest rate deci…
The USDCAD is higher again, but some upside resistance at 2022 high stalls the rally
Key level at 1.3160 - old trend line USDCAD backs off from 2022 highs The USDCAD moved to a high of 1.3207 today and in the process got wit…
USDCAD trades to new high since July 15
Moves above swing highs between 1.3074 and 1.30835 USDCAD surges to new highs helped by oils sharp fall The price of crude oil has moved sh…
Simplified wave analysis for EUR/USD, USD/JPY, GBP/JPY, USD/CAD, NZD/USD, and GOLD on August 29 (Weekly forecast)
EUR/USD Brief analysis: The dominant trend of the euro has brought the quotes of the main pair to parity with the US currency. The price pushed thr…
USDCAD making a break for it
Trading above and away from 100 hour MA after break AUDUSD runs away from the 100 hour MA It took a while, but the USDCAD is making a break…
USDCAD backs off from highs. Back below 100 hour MA
USDCAD backs off toward intraday support The USDCAD raced higher with the USD buying earlier today, but has rotated back to the downside in the N…
USD/CAD Rate Outlook Hinges on Bank of Canada (BoC) Rate Decision
USD/CAD extends the series of lower highs and lows from the yearly high (1.3083) even as Canada’s Employment report shows an unexpected decline in jo…
USDCAD falls to a new session low. Reverses earlier gains after jobs reports.
USDCAD trades between its 100 and 200 hour moving averages The USDCAD moved higher after the US jobs report came in better than expected while th…
USD/CAD: Bank of Canada hawkish signals, oil market decline, loonie price trap
The Bank of Canada raised interest rates by 50 basis points following the results of the June meeting. The regulator implemented the most expected, b…
USDCAD moves further away from 100/200 day MAs
USDCAD cracks back below its 200 day moving average The USDCAD moved below the 100 and 200 day MAs in the holiday like trading on Monday. The 100 d…
USDCAD Outlook Choppy but Loonie Crosses Face Reversal Risk
The Canadian Dollar is backed by one of the most aggressive central bank rate forecasts amongst the majors while growth forecasts are holding up pret…
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