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Us stock major indices open with gains. can the momentum continue as earnings awaited.

The major US stock indices are trading higher in early US trading.The S&P index closed below its 200-day moving average for the 2nd day in a row yeste...

October 24, 2023, 1:39 pm

Canada was on holiday on monday but that did not stop the usdcad from reaching a key level

Canada was on holiday on Monday, but that did not stop the pair from moving up to test its 100-day moving average. The level came in at 1.3398 and the...

August 7, 2023, 9:52 pm

Usd/cad needs to regain and hold 1.3395/00 to stabilize – scotiabank

USD/CAD pivots around 1.33 after failing to hold break under the figure. Economists at Scotiabank analyze the pair’s technical outlook. The snap hig...

June 15, 2023, 1:46 pm

Usd/cad price analysis: drops vertically to near 1.3300 as bets for neutral fed policy remain solid

The USD/CAD pair has shown a perpendicular fall to the round-level support of 1.3300 after facing stiff barricades around 1....

June 14, 2023, 8:14 am

Cad recoups losses

USD/CAD grinds major support The Canadian dollar soared as the BoC resumed its tightening campaign with another 25-basis point rate hike. A drop below...

June 8, 2023, 8:23 am

Usdcad daily analysis – june 8, 2023

The USDCAD currency pair has experienced a continued downward movement from its recent high at 1.3654, reaching as low as 1....

June 8, 2023, 7:10 am

Intraday analysis – cad recoups losses

USDCAD grinds major support The Canadian dollar soared as the BoC resumed its tightening campaign with another 25-basis point rate hike. A drop below ...

June 8, 2023, 6:50 am

Usd/cad licks boc-inflicted losses below 1.3400 amid softer oil price, downbeat us dollar

USD/CAD fades bounce off intraday low as it drops to 1.3360 heading into Thursday’s European session, after refreshing the monthly bottom at 1....

June 8, 2023, 6:14 am

Usd/cad remains depressed after boc’s surprise rate-hike, holds above mid-1.3300s

The USD/CAD pair struggles to capitalize on the overnight late rebound from the 1.3320 area, or a one-m...

June 8, 2023, 2:44 am

Usdcad moves lower and tests 38.2% retracement/swing area after bank of canada rate hike

The Bank of Canada raised rates by 25 basis points to 4.75% from 4.5% ending their "conditional pause" period. The USDCAD moved lower after the report...

June 7, 2023, 2:16 pm

Biden/mccarthy now meeting at 5:30 pm

The proposed Biden/McCarthy meeting will now take place at 5:30 PM ET an hour later than the earlier time of 4:30 PM ET.Meanwhile social media reports...

May 22, 2023, 2:17 pm

Usd/cad price analysis: bears eye a run to 1.3320 as below key h4 structure

As we can see, the market is below 1.3393 and 1.3385 4-hour structure. This was a 4-hour bar where the price rallied from previously. Therefore, this ...

May 5, 2023, 8:59 pm

Usd/cad price analysis: all eyes on the us dollar as price corrects in bear trend

As per the prior analysis, USD/CAD Price Analysis: Bears in control and eye lower to 1.3320 , USD/CAD h...

April 17, 2023, 12:59 am

Usd/cad mid-day outlook

Daily Pivots: (S1) 1.3345; (P) 1.3387; (R1) 1.3433; More…. USD/CAD’s decline resumed by breaking through 1....

January 26, 2023, 2:32 pm

Usd/cad attempts to rebound

The Canadian dollar slipped after the BoC signalled a pause in rate increases. On the daily chart, the pair is looking to hold above 1....

January 26, 2023, 8:14 am

Intraday analysis – cad falls back

USDCAD attempts to rebound The Canadian dollar slipped after the BoC signalled a pause in rate increases. On the daily chart, the pair is looking to h...

January 26, 2023, 7:35 am

Usd/cad daily outlook

Daily Pivots: (S1) 1.3345; (P) 1.3387; (R1) 1.3433; More…. Range trading continues in USD/CAD and intraday bias stays neutral. On the downside, brea...

January 26, 2023, 6:47 am

Usd/cad daily outlook

Daily Pivots: (S1) 1.3339; (P) 1.3376; (R1) 1.3405; More…. USD/CAD is still bounded in range of 1.3320...

January 25, 2023, 7:10 am

Usd/cad outlook: bears dominating in the wake of boc

USD/CAD is struggling below the 1.3400 area. Sluggish oil prices may provide some room for buyers. Traders await the BoC rate decision today. At the s...

January 25, 2023, 6:58 am

Usd/cad prepares to test weekly lows around 1.3320 ahead of bank of canada policy

USD/CAD is set to extend the downside to near the weekly low around 1.3320. Bank of Canada is expected ...

January 25, 2023, 6:44 am


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