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Elliott wave count suggests further upside in usdcad
Short term Elliott Wave in usdcad suggests the decline from 12.17.2022 high ended at 1.3258 as wave (A)...
February 10, 2023, 4:00 am
Usd / cad – canadian dollar awaiting powell and macklem speeches
– Markets are caution ahead of Fed Chair Powell speech. – President Biden gives State of the Union address tonight. – US dollar opens mixed-Comm...
February 7, 2023, 10:29 pm
Elliott wave update of usdcad – february 1st, 2023
usdcad spiked sharply yesterday, but the bulls couldn't kickstart a meaningful uptrend and eventually g...
February 1, 2023, 7:30 am
Usd / cad – canadian dollar firming
– Cautious start to busy week. – FOMC meeting headlines risk events – US dollar opens narrowly mixed after subdued overnight session. ...
January 31, 2023, 6:44 am
usdcad stays in the lower range of the up and down range
The Bank of Canada meets on Wednesday with the expectations of a 25 basis point hike to 4.5% from 4.25%. That would take the overnight rate to the ...
January 23, 2023, 3:24 pm
Usd / cad – canadian dollar plummets
US recession fears boost US dollar and sink Loonie. – EURUSD anticipating a hawkish ECB outcome. – US dollar consolidates yesterday’s gains over...
January 19, 2023, 2:59 pm
usdcad short term forecast follow up and update
Hi Traders! usdcad short term forecast follow-up and update is here. On January 11th I shared this “U...
January 18, 2023, 4:04 pm
Usd / cad – canadian dollar awaiting domestic inflation data
Canadian inflation expected to have fallen in December – FX risk sentiment mildly negative – US dollar opens lower compared to close ...
January 17, 2023, 5:59 pm
Usd / cad – canadian dollar steady and firm
BoC Business Outlook Survey due – US closed for Martin Luther King day – US dollar under pressure but supported by profit-taking ...
January 16, 2023, 5:44 pm
Usd / cad – canadian dollar awaiting us inflation data
USDJPY tanks on speculation of BoJ tightening tweaks – US CPI expected to fall to 6.5% y/y from 7.1% y/y in November – US dollar opens defensively...
January 12, 2023, 5:44 pm
usdcad short term forecast follow up and update
Hi Traders! usdcad short term forecast follow-up and update is here. On December 15th I shared this “...
January 11, 2023, 4:42 pm
Usd / cad – canadian dollar under pressure
US nonfarm payrolls expected at 200,000, Canada to gain 8,000 – Eurozone inflation cools to 9.2% in Dec (previous 10.1% y/y – US dollar opens shar...
January 9, 2023, 2:44 pm
Usd / cad – canadian dollar rebounds
Risk sentiment improves ahead of FOMC minutes – AUDUSD soars on China coal plans – US dollar reverses Tuesday’s rally -AUD outperforms ...
January 7, 2023, 12:59 am
Usd / cad – canadian dollar dives to start 2023
US recession predicted in 2023 – ECB President Lagarde reiterates hawkish rate outlook – US dollar starts 2023 in demand-NZD weakest of the G-10 m...
January 3, 2023, 7:59 pm
usdcad stays between extremes on the top and bottom
The USDCAD has an oversized range of 157 pips today from the low to the high. That is well above the 22 day average of 107 pips.
The low tod...
January 3, 2023, 5:55 pm
Intraday market analysis – usd pulls lower
usdcad seeks support The Canadian dollar edged higher after its economy grew by 0.1% in October. The US...
December 27, 2022, 7:31 am
Usd / cad – canadian dollar supported ahead of gdp
GDP forecast at 0.1% m/m – US PCE data and Durable Goods Orders in focus – US dollar opens on a mixed note, Commodity bloc outperforms ...
December 23, 2022, 6:59 pm
Usd / cad – canadian dollar looking for direction
Positive risk sentiment cannot gain traction – WTI oil firms after US inventory data – US dollar opens with losses compared to Wed close: GBP unde...
December 22, 2022, 11:59 pm
Elliott wave analysis of usdcad – december 19, 2022
usdcad surged last week, helped by the Fed's renewed hawkish tone and expectations for more interest ra...
December 17, 2022, 9:37 am
