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Usd/cad finds intermediate support above 1.3400 on canada’s sluggish gdp

The USD/CAD pair discovered buying interest near 1.3420 in the early New York session. The Loonie asset...

September 29, 2023, 2:14 pm

Usd/cad likely to revisit the 50-dma near 1.3420/1.3385 – socgen

USD/CAD rebound faced stiff resistance at the hurdle of 1.3670/1.3720 representing highs of April/May and the 61.8% retracement from last October. Dai...

September 19, 2023, 11:29 am

Usd/cad gets rejected by the 200-day sma ahead of us inflation data on thursday

The USD/CAD traded flat near the 1.3420 area on Wednesday. On the US side, no relevant data was release...

August 9, 2023, 9:46 pm

Usd/cad slides towards 1.3400 on sluggish oil, downbeat us dollar ahead of boc, canada employment report

A daily closing below the 200-day Exponential Moving Average (EMA), around 1.3420 by the press time, be...

June 6, 2023, 5:44 am

Happy days are here again. russell 2000 leads stocks higher.

The major US indices or rose around 1.2%, but the Russell $2000 small-cap stocks was the big winner with a gain of 2.21%.A snapshot of the phone numbe...

May 17, 2023, 8:08 pm

Usdcad analysis – may 8, 2023

The USD/CAD pair continued its downward momentum, hitting as low as 1.3369. It appears that the pair is consolidating at these levels before making an...

May 8, 2023, 3:37 am

Major us indices little changed as markets await powell testimony

The major US stock indices are opening up little changed as traders await the testimony of Federal Reserve chairman Jerome Powell at 10 AM ET. Mark...

March 7, 2023, 2:35 pm

Usd/cad price analysis: subdued around 1.3420s as a doji emerges

USD/CAD extends its losses after sliding below a five-month-old support trendline that surpasses 1.3500. USD/CAD Price Analysis: A breach below 1.3357...

January 11, 2023, 10:59 pm

Gbp/usd catches its breath as the dollar and risk sentiment remain the driving force

Cable reached a high of 1.23420 against the greenback in Asian trade before the European open brought a...

December 5, 2022, 4:59 pm

Usd/cad fluctuates around 1.3420 on risk aversion as us manufacturing activity shranks

Earlier, the US Department of Commerce (Doc) revealed that the Fed’s preferred inflation gauge, the US Core Personal Consumption Expenditure (PCE), ...

December 1, 2022, 6:29 pm

Usd/cad price analysis: sellers approach 1.3380 support confluence

USD/CAD remains depressed around 1.3420, despite bouncing off the intraday low of 1.3408, as sellers ch...

December 1, 2022, 1:14 am

Usd/cad mid-day outlook

Daily Pivots: (S1) 1.3420; (P) 1.3462; (R1) 1.3539; More…. USD/CAD’s rise from 1.3224 resumed by br...

November 29, 2022, 2:03 pm

Dow jones shows over-extension

The Dow Jones 30 slips as protests in China against Covid curbs raise concerns about growth. While a rally above August’s high of ...

November 29, 2022, 8:43 am


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