USD/CAD picks up bids around mid-1.2600s with eyes on BOC, US stimulus
USD/CAD rises to 1.2650, up 0.07% intraday, during Wednesday’s Asian session. The quote dropped the heaviest since the month-start drop the previous d
Read More »USD/CAD Price Analysis: Bears attack 1.2600 on the way to refresh multi-month low
USD/CAD stands on a slippery ground while declining to 1.2598, down 0.18% intraday, during Monday’s Asian session. In doing so, the quote attacks the
Read More »US Dollar Outlook: USD/CAD Volatility Jumps as BoC Decision Looms
The DXY Index slid -0.3% on Tuesday as US Dollar bears chisel away at recent gains. USD/CAD price volatility looks primed to intensify with the Bank of Canada rate decision…
Read More »USD/CAD rises towards 1.2800 amid US dollar strength, concerns over Canadian oil exports
USD/CAD jumps to a one-week high of 1.2775, currently around 1.2765, during Monday’s Asian session. The loonie pair marked heaviest gains since late-O
Read More »CAD/JPY 1Q Forecast: Long CAD/JPY – Time to Start Mending the Global Economy
A long CAD/JPY trade hopefully benefits from the nascent economic recovery. I’m looking for both sides of the FX-pair to perform with the Canadian dollar appreciating alongside an uplift in…
Read More »USD giving back some of its strength in Asia morning trade
The USD had a good session during US time (OK, OK … Bitcoiners, you did better!) Morning trade in Asia is seeing a bit of give back, EUR, AUD, GBP,…
Read More »USD/CAD Extends Rebound Following Bullish Outside Day Price Formation
USD/CAD extends the rebound from the monthly low (1.3099) after carving a bullish outside day (engulfing) candle formation earlier this week.
Read More »USD/CAD Bullish Outside Day Price Formation Indicates Larger Rebound
USD/CAD may trade within a more defined range as the bullish outside day (engulfing) candle formation points to a larger rebound in the exchange rate.
Read More »USD/CAD Rate Vulnerable Following Failed Attempt to Test August High
Recent developments in the Relative Strength Index (RSI) cast a bearish outlook for USD/CAD as the indicator snaps the upward trend established in September.
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