USDCAD Trades Sideways as 200-SMA Provides Support
USDCAD is rangebound in the past few sessions The 200-day SMA caps the pair’s downside Momentum […]
USD/CAD Price Outlook: 200-day MA Holds Ahead of US CPI Release
USD/CAD has been range-bound, reflecting US Dollar Index consolidation and potential rate differential between Canada […]
Dollar Consolidates Ahead of Nonfarm Payrolls: Possible Scenarios
In anticipation of the release of one of the most important reports, the NonFarm Payrolls, […]
USDCAD Slides Towards the Lower Bound of a Range
USDCAD oscillates within a sideways range Momentum starts shifting negative A break below 1.3590 could […]
USD/CAD Breaks Key Support
On 25 June, we noted that the USD/CAD price had approached a crucial support level—the […]
USD/CAD Slips: Understanding The Decline and Bearish Potential
Key Highlights USD/CAD started a fresh decline from the 1.3750 resistance. It traded below a […]
Yen Hits Multi-Decade Lows, Euro Bounces Back, Dollar Remains Indecisive
Yen remained in the spotlight last week, dominating headlines even as some significant global inflation […]
CAD: GDP Data Incoming
The Canadian Dollar (CAD) saw volatile movement on Thursday due to mixed US economic data […]
Market Analysis: GBP/USD Turns Red While USD/CAD Rallies
GBP/USD declined below the 1.2670 support zone. USD/CAD is rising and might aim for more […]
Canadian Dollar Eyes Inflation Release
The Canadian dollar is showing limited movement on Tuesday. USD/CAD is trading at 1.3675 in […]
CADJPY Aims for April’s Multi-Year High
CADJPY surpasses key resistance levels, but enters overbought zone Next resistance at 117.93; support at […]
Dollar Declines: How Deep Could the Correction Be?
By the end of last week, the American currency traded rather mixed: The USD/JPY currency […]