USD/CAD
USD/CAD Price Forecast: Seems vulnerable near 1.3660; 200-hour EMA holds the key for bulls
USD/CAD Price Forecast: Seems vulnerable near 1.3660; 200-hour EMA holds the key for bulls
Canadian Dollar Forecast: USD/CAD to Stay Below 1.37 on Bearish Trend Signals
The US Dollar to Canadian Dollar (USD/CAD) exchange rate edged lower to 1.3679, with the pair pulling back from tests of the 1.37 area as broader US Dollar strength faded. Scotiabank notes that recent Canadian Dollar weakness has pushed USD/CAD away from fair value, with the pair trading above its estimated equilibrium level near.
USD/CAD edges lower as softer US Dollar, higher Oil bolster Canadian outlook
USD/CAD edges lower as softer US Dollar, higher Oil bolster Canadian outlook
USD/CAD Price Forecast: Holds above 1.3700 to test nine-day EMA
USD/CAD Price Forecast: Holds above 1.3700 to test nine-day EMA
USD/CAD holds steady ahead of US PMIs amid Middle East tensions
USD/CAD holds steady ahead of US PMIs amid Middle East tensions
USD/CAD Price Forecast: Hovers near 1.3650 as RSI remains bearish
USD/CAD Price Forecast: Hovers near 1.3650 as RSI remains bearish
USD/CAD Selloff Signals Bigger Shift in Canadian Dollar Direction
USD/CAD is under pressure as technical breakdowns reshape the Canadian dollar outlook. Michael Boutros, Senior Technical Strategist at FOREX.com, breaks down the key levels driving the current move, including the significance of the recent support break and the downside targets now in focus.
A temporary Ceasefire extension maintains a bullish action – North American Mid-Week Market Update
Mid-Week update for North-American Markets – Traders are remaining extremely positive despite the Ceasefire appearing quite fragile. Taking a close look at NA index and currency performance combined with a USD/CAD intraday chart to spot what's next for American Markets.
USD/CAD hits lows sub-1.3650 with the US-Iran ceasefire on tenterhooks
USD/CAD hits lows sub-1.3650 with the US-Iran ceasefire on tenterhooks
USD/CAD Price Forecast: Holds above 1.3650 as softer Oil prices counter USD weakness
USD/CAD Price Forecast: Holds above 1.3650 as softer Oil prices counter USD weakness
Canadian Dollar Outlook: USD/CAD pauses as markets await Middle East updates
After a six-session bearish streak, USD/CAD has begun to stabilize around the 1.36500 level, posting a modest gain of approximately 0.1% in the short term.
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/JPY, USD/CAD
In last week's webinar I looked at a big spot of support in the US Dollar and that was the same I had looked at the week before, qualifying it as an ‘s3' spot of support. This was also prior resistance in February, before the ascending triangle formation led to bullish breakout and for the past week – that price has been holding the lows in DXY.
