USD/CAD Price Analysis: Key HMAs challenge bulls above 1.3700
USD/CAD struggles for clear directions around 1.3720-25 after welcoming the bears the previous day. In doing so, the Loonie pair stays defensive while
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
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Selling USD/CAD Setup: Full Trade Breakdown | Live Forex Trading
#forex #stocks #trading A1 Trading Forex Discord Community – Trade alerts, webinars, chatrooms: Use code YTVIP for a $5 off – https://a1trading.com/vip/ FREE forex analysis telegram channel: https://t.me/A1TradingFXAnalysis Market analysis,…
Read More »Canadian Dollar Dented by GDP Data, But USD/CAD Near-Term Downtrend Holds
The Canadian Dollar fell as a GDP slowdown cooled BoC rate hike bets. Still, USD/CAD’s near-term downtrend remains in play. AUD/USD is eyeing Chinese PMI data.
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 »Canadian Dollar Forecast: US Inflation Data to Set the Tone for USD/CAD
The rally in oil prices should support the Canadian dollar, but the September U.S. inflation report is likely to be more relevant for USD/CAD’s near-term direction.
Read More »USD losing ground in Asia morning trade
<p>EUR, AUD, NZD, GBP, CHF all trading higher against the dollar. </p><p>As is CAD, busting through here:</p><ul><li><a href="https://www.forexlive.com/news/usdcad-key-support-at-13075-20220908/" target="_blank" data-article-link="true">USD/CAD key support at 1.3075</a></li></ul><p>—</p><p>Apart from what has been posted there…
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 Climbs Back Above 50-Day SMA Ahead of Fed Rate Decision
The Federal Reserve interest rate decision may keep USD/CAD above the 50-Day SMA (1.2854) as the central bank is expected to deliver another 75bp rate hike.
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).
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