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Usdcad daily analysis – august 14, 2023

Currently, the USDCAD currency pair is exhibiting a sideways movement, trading within a range between 1.3371 and 1.3501. This consolidation phase is l...

August 14, 2023, 5:06 am

Usd/cad daily outlook

Daily Pivots: (S1) 1.3210; (P) 1.3255; (R1) 1.3327; More…. USD/CAD’s recovery form 1.3091 short term bottom extends higher today, but stays below ...

August 2, 2023, 6:04 am

Usd/cad clings to intraday gains above 1.3200 mark, upside potential seems limited

The USD/CAD pair regains some positive traction during the Asian session on Tuesday and reverses a major part of the previous day’s decline to the 1...

August 1, 2023, 4:59 am

Usd/cad needs to either break well through 1.3250 or 1.3150 to make clearer directional progress – scotiabank

There appears to be firm resistance to USD/CAD advances through the low/mid 1.32s while bearish breakout support remains at 1.3160. The USD needs to e...

July 31, 2023, 12:14 pm

Usd/cad declines towards 1.3150 as fed delivers less-hawkish guidance

The USD/CAD pair found intermediate support after correcting swiftly to near 1.3160 in the London session. The Loonie asset is expected to continue it...

July 27, 2023, 10:46 am

Usd/cad struggles near multi-day low, around mid-13100s amid bullish oil prices/softer usd

The USD/CAD pair remains on the defensive for the second successive day on Tuesday and hits a three-day low, around the 1....

July 25, 2023, 4:44 am

Gbp/usd: a push through 1.3150 is likely in the short run – scotiabank

Sterling retains a comfortable yield advantage over the USD along the curve which will cushion losses and keep the broader GBP tone positive. After a ...

July 18, 2023, 11:44 am

Ardmore shipping: the 10% dividend yield is reliable

Ardmore Shipping's stock price has decreased by over 30% in the past three months due to decreased MR tanker TCE rates. However, the company's strong ...

July 3, 2023, 12:47 am

Usd/cad price analysis: bears run out of steam around mid-1.3100s ahead of canada inflation

USD/CAD fades bounces off the lowest levels since September 2022 as it retreats to 1.3150 amid early ho...

June 27, 2023, 12:29 am

Usd/cad price analysis: bears keep reins within one-week-old falling channel around 1.3150

USD/CAD portrays failed recovery from nine-month low, within weekly bearish channel. 200-HMA, fortnight-old descending resistance line act as addition...

June 26, 2023, 7:44 am

Usd / cad – canadian dollar rally takes a time-out

Global risk sentiment turns negative. – Eurozone PMI data disappoints. – US dollar opens with gains-CAD outperforms. USDCAD snapshot: open 1.3196-...

June 23, 2023, 2:14 pm

Usdcad daily analysis – june 22, 2023

The USDCAD currency pair has faced a notable setback as it failed to break above the falling trend line on the 4-hour chart. Consequently, the pair ex...

June 22, 2023, 2:50 am

Canadian dollar outlook: usd/cad in freefall after double top confirmation signal

USD/CAD extends its recent sell-off and challenges trendline support near 1.3150 after validating a bea...

June 21, 2023, 7:20 pm

Nzd/usd: up and down price action demonstrating wary caution

After trading near a high of almost 0.63150 on early last Friday, while coming in sight of important re...

April 19, 2023, 7:29 pm


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