USDCAD Eyes 1.39: Bullish Momentum Builds in Linear Regression Channel
Fundamental Analysis The Canadian dollar (CAD) is under significant pressure due to the drop in […]
BoC Policy Meeting: A Rate Cut and Clues for the Next One
BoC is expected to cut rates by 50 bps, the fourth one in a row Policymakers […]
GBP/USD Takes Hit While USD/CAD Remains in Uptrend
GBP/USD started a fresh decline below the 1.3200 zone. USD/CAD is rising and might aim […]
Canadian Dollar Can’t Find Its Footing, Can. CPI Next
The Canadian dollar has declined against the US dollar for a tenth consecutive trading day […]
S&P 500 Hits Fresh Record as Focus Shifts to Earnings
The S&P 500 hit its 46th record high of the year on Monday, defying the […]
USD/CAD Pushes Higher, Canadian Employment Next
The Canadian dollar has edged lower on Friday. In the European session, USD/CAD is trading […]
USDCAD Holds on Recovery Action as NFP Report Awaited
USDCAD returns above 20-day EMA and familiar constraining line Technical signals cannot warrant a meaningful […]
Analysis of GBP/CAD: Price Falls Below 1.800 Level
In the first nine months of 2024, the GBP/CAD exchange rate rose by over 7%, […]
USD/CAD Can Be Trapped in a Triangle – More Weakness After Completed A-B-C-D-E Waves
USDCAD is reversing south after an unsuccessful push above 2022 highs, so it appears that […]
USD/CAD Eyes Canada’s GDP
The Canadian dollar is steady on Friday. In the European session, USD/CAD is trading at […]
USDCAD Tumbles and Hits Support Near 1.3425
USDCAD falls sharply, accelerating prevailing retreat Both the RSI and the MACD detect bearish momentum […]
USD/CAD Eyes Canadian Retail Sales
The Canadian dollar is steady on Friday. In the European session, USD/CAD is trading at […]