USD/CAD Price Forecast: Bulls Lack Conviction Above the 1.3700 Handle
USDCAD bulls continue to struggle to push beyond the 1.3700 mark. The Downside remains capped thanks to the Dollar Index which continues to hold the high ground. Where to Next?
Read More »US Dollar Technical Setups: AUD/USD Plummets While USD/CAD Skyrockets
This article provides an exhaustive technical examination of USD/CAD and AUD/USD, analyzing significant price levels that may act as resistance or support in the upcoming trading sessions.
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Read More »USD/CAD extends its upside below the 1.3500 barrier, all eyes are on FOMC Minutes
The USD/CAD pair extends its upside just below the 1.3500 barrier during the early Asian session on Wednesday. The upbeat July US Retail Sales caused
Read More »USD/CAD Price Analysis: Stalled its rally at the 100-DMA, dropped beneath 1.3400
The USD/CAD prolonged its weekly losses and tumbled for the fourth consecutive week, losing 0.36%, but on the day, the USD/CAD is up 0.22%. After the
Read More »USD/CAD Price Analysis: Buyers stepped in around weekly lows on risk aversion
The US Dollar (USD) stages a recovery against the Canadian Dollar (CAD) amid a subdued trading session sparked by thin liquidity conditions caused by
Read More »USD/CAD Rally Unravels Ahead of US PCE Report amid Failure to Test Yearly
Data prints coming out of the US may fuel the recent weakness in USD/CAD as the Personal Consumption Expenditure (PCE) Price Index is anticipated to show a slowdown in inflation.
Read More »USD/CAD Price Analysis: Bulls pull away from trendline support, a correction be on its way
As per the prior series of technical analysis, USD/CAD Price Analysis: Bulls eye 1.3000 for the sessions ahead, the bulls have been in control all of
Read More »Canadian Dollar Forecast: USD/CAD Rate Pullback Eyes 50-Day SMA
USD/CAD may attempt to test the 50-Day SMA (1.2861) for the second time in July as it extends the decline from the yearly high (1.3224).
Read More »When will the Canadian dollar break the 9-month range? Five things to watch
The Canadian dollar finished the week strong with USD/CAD falling to 1.2600 at Friday’s close from as high as 1.2870 on Tuesday. That’s very close to the seven-week low of…
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