Subscribe To
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