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Usd/cad remains under pressure near 1.3430 ahead of fed’s interest rate policy

The USD Index corrects to near the crucial support of 105.00 as investors hope that the Fed will deliver a neutral interest rate policy, keeping inter...

September 20, 2023, 2:29 pm

Usdcad corrects into intraday resistance near 1.34306. will the sellers enter?

The USDCAD trended lower as the price technically broke below its 200-day moving average near 1.3464. It's 38.2% retracement of the move up from the J...

September 19, 2023, 3:33 pm

Canadian dollar shows strength

The Canadian dollar reversed course to the upside a week and a half ago, and its strength is gaining momentum on the back of both a fresh wave of dema...

September 19, 2023, 2:59 pm

Gold price declines by rs4000

Gold lost another Rs4000 to reach Rs 212,500 per tola and Rs3430 to Rs 182,184 per 10 grams. Silver was...

September 9, 2023, 1:29 am

Us indices open modestly higher with powell looming

The major US indices are opening with gains of about 0.5% across the board. A snapshot of the market shows:Dow industrial average is trading up 202 po...

August 25, 2023, 1:36 pm

Monday morning open levels - indicative forex prices - 14 august 2023

Good morning/afternoon/evening and welcome to the new forex week and hello to anyone just back from holiday! If its any help I'll be doing some 'catch...

August 13, 2023, 7:53 pm

Usd/cad loses ground after hot ppi data from the us

At the end of the week, the USD/CAD was rejected by the 200-day Simple Moving Average (SMA) at 1.3450 and settled near 1....

August 11, 2023, 4:29 pm

S&p closes higher for the 5th week in a row. the nasdaq index up for the 8th week

Although the major indices are closing lower on the day, each enjoyed solid gains this week. The S&P index is higher for the 5th consecutive week. The...

June 16, 2023, 8:05 pm

Usd/cad continues to remain sideways around 1.3450 as focus shifts to boc policy

The USD/CAD pair is consistently showing back-and-forth action around 1.3430 in the early New York sess...

June 5, 2023, 1:44 pm

Usd/cad daily outlook

Daily Pivots: (S1) 1.3405; (P) 1.3430; (R1) 1.3454; More…. Intraday bias in USD/CAD stays neutral for...

June 5, 2023, 7:58 am

Fx option expiries for tuesday, 9 may 2023 at the 10am new york cut

A look at what is on the board for today. - EUR/USD: 1.1025 EUR628mn 1.1115 EUR581mn 1.1200 EUR550mnUSD/JPY: 133.00 USD1.12bn 135.00 USD684mnUSD/CAD: ...

May 8, 2023, 9:14 pm

Usd/cad daily outlook

Daily Pivots: (S1) 1.3316; (P) 1.3430; (R1) 1.3489; More…. Intraday bias in USD/CAD remains on the do...

May 8, 2023, 6:32 am

Usd consolidates gains

USD/CAD bounces off critical floor The Canadian dollar retreats as the annual CPI showed a deceleration last month. The pair is still holding on to th...

April 19, 2023, 7:14 am

Intraday analysis – usd consolidates gains

USDCAD bounces off critical floor The Canadian dollar retreats as the annual CPI showed a deceleration last month. The pair is still holding on to the...

April 19, 2023, 6:29 am

Usd/cad finds demand below 1.3430 as hawkish fed bets remain solid despite us cpi cools

The Canadian Dollar remained firm on Wednesday against the US Dollar despite the Bank of Canada (BoC) keeping its policy rates steady at 4.5%. Bank of...

April 13, 2023, 6:59 am

Usd/cad daily outlook

Daily Pivots: (S1) 1.3398; (P) 1.3430; (R1) 1.3488; More…. Outlook is USD/CAD is unchanged and intrad...

February 10, 2023, 7:26 am

Usd/cad struggles around 1.3430 as oil bulls run out of steam, us inflation eyed

USD/CAD clings to 1.3430 while keeping the previous day’s inaction as markets turn cautious ahead of ...

January 12, 2023, 1:59 am

Elliott wave update of usdcad – january 11th, 2023

USDCAD barely held above 1.3350 earlier this week, but is back above 1.3430 now ahead of tomorrow's CPI...

January 11, 2023, 8:28 am

Us 30 bounces off support

The Dow Jones 30 whipsawed as traders took profit post-NFP. The index has been looking to hold onto its recent gains after a rally above August’s hi...

December 5, 2022, 8:19 am


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