USDCAD Rebounds Strongly Above 200-day SMA
USDCAD has been generating a structure of lower highs after peaking at the 2023 high of […]
EURCAD Approaches 100-day SMA as Bearish Pressures Ease
EURCAD has steadied in the 1.4675 region following the sharp pullback from around the 1.5100 […]
USD/CAD Holds Support But Can It Recover?
Key Highlights USD/CAD declined heavily and tested the 1.3330 support. A key rising channel is […]
USD Looks to Break Out
EUR/USD awaits breakout The US dollar stays rangebound as traders await the April CPI data. […]
Oil Market Outlook
Oil prices rebounded slightly on Friday but are still expected to show losses for the […]
Roller-Coaster Week for Investors Ended with Commodity Currencies on Top
Risk-on, risk-off, and then risk-on. It’s a roller-coaster ride for investors last week,with a slew […]
USD/CAD Extends Slide ahead of Job Reports
Canada’s employment change expected to slow US nonfarm payrolls projected to fall to 179,000 Canadian […]
USDCAD Hovers Near 1.3500 after the Pullback from 1.3640
USDCAD is diving beneath the 1.3500 psychological mark and the 20-day simple moving average (SMA) […]
EURCAD Buying The Dips At The Blue Box Area
Hello fellow traders. In this technical article we’re going to take a quick look at […]
How Will ECB Meeting Affect EUR?
It’s no longer news that Eurozone’s headline inflation rate rose in April, exceeding the European […]
Canadian Dollar Edges Lower ahead of US, Canadian Mfg. PMIs
Canada’s GDP rose 0.1% in March US, Canada to release Manufacturing PMIs After a 2 […]
USDCAD Brings Weekly Resistance Back into Play
USDCAD bounced on the 50-day simple moving average (SMA) early on Friday to recoup Thursday’s […]