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Usd/cad trades into the low end after back-and-forth monday action, looking for 1.3450

USD/CAD testing into the 1.3450 level after cycling on Monday. The US Dollar is broadly higher, but the...

September 25, 2023, 10:29 pm

Usd/cad treads waters around 1.3450, focus on fomc decision

Canada’s Consumer Price Index (CPI) for the year-over-year period in August increased to a rate of 4.0%, surpassing market expectations of 3.8% and ...

September 20, 2023, 3:44 am

Usd/cad recovers to 1.3450 region as greenback rebounds

The USD/CAD started Tuesday in freefall, declining from the day’s open near 1.3480 and tapping into 1.3380. Rising oil prices are bolstering the Loo...

September 19, 2023, 7:44 pm

Usd/cad: declines remain tained ahead of u.s fed meeting

(MENAFN- Daily Forex) The USD/CAD is near the 1.34500 mark as of this writing and the declining price a...

September 19, 2023, 6:29 pm

Usdcad daily analysis – september 1, 2023

USD/CAD has recently broken below the rising price channel on the 4-hour chart, indicating that the previous upside movement from 1.3092 to 1.3639 has...

September 1, 2023, 9:50 am

Usd/cad steadies near 1.3450 on softer us dollar, upbeat oil price ahead of canada inflation, us retail sales

USD/CAD clings to mild losses near 1.3450 as it seesaws at the weekly top marked the previous day amid ...

August 15, 2023, 7:14 am

Usd/cad price analysis: gains momentum above the 1.3450 mark ahead of the canadian cpi

USD/CAD gains momentum, trades on a positive note for the fifth consecutive week on Monday. The pair holds above the 50- and 100-hour Exponential Movi...

August 14, 2023, 6:59 am

Elliott wave analysis of usdcad – august 14th, 2023

USDCAD briefly exceeded the 1.3500 mark last week before closing below 1.3450 on Friday. In today's Ell...

August 13, 2023, 11:02 am

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 a...

August 11, 2023, 4:29 pm

Usdcad bullish reversal faces major test

USDCAD has been fighting for a close above the 200-day simple moving average (SMA) at 1.3450 and the fi...

August 11, 2023, 9:39 am

Usd/cad consolidates its recent gains below the 1.3450 area, eyes on us ppi

The USD/CAD pair consolidates its recent gains in the early Asian session on Friday. The major currently trades around 1.3445, losing 0.03% for the da...

August 10, 2023, 11:59 pm

Usd/cad daily outlook

Daily Pivots: (S1) 1.3400; (P) 1.3427; (R1) 1.3450; More…. Intraday bias in USD/CAD is turned neutral...

August 10, 2023, 6:58 am

Usd/cad renews intraday low near 1.3400 as wednesday’s doji joins firmer oil price ahead of us cpi

Wednesday’s Doji candlestick below the convergence of a five-month-old descending trend line and the 200-DMA, around 1....

August 10, 2023, 6:14 am

Pltr stock alert: palantir scores new work with department of defense

Palantir (NYSE: PLTR ) stock is in the news after the company announced yesterday afternoon that it had been selected by the Pentagon to enhance coord...

August 1, 2023, 9:55 am

Mixed trading in the major us stock indices to begin the trading week

The major indices last week rose with the NASDAQ leading the way. The Dow industrial average gained and is working on a 5 day winning streak. The S&P ...

July 17, 2023, 1:46 pm

Gbp to usd weekly forecast: bulls eye $1.3450 on uk cpi numbers

It is another big week ahead for the GBP to USD. Two reports could cement the shift in policy divergence in favor of the Pound and bring $1.35 into vi...

July 16, 2023, 6:20 am

S&p and nasdaq snap four-day winning streak. dow up for the 5th consecutive day

The broader S&P and NASDAQ index snapped 4-day winning streaks, while the Dow industrial average extended its streak to 5 days. UnitedHealth soared by...

July 14, 2023, 8:18 pm

Usd/cad: target revised from 1.3450 to 1.3100 – credit suisse

Firm prospects for US activity suggest the trend can extend at the current pace. We revise our USD/CAD target from 1....

June 29, 2023, 9:44 am

Usd/cad price analysis: loonie grinds within bearish channel, 1.3450 and boc in focus

USD/CAD aptly portrays the Loonie trader’s cautious mood ahead of the Bank of Canada (BoC) Interest Rate Decision as it pares recent losses around a...

June 7, 2023, 6:44 am

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 session. The Loonie asset is struggling to deliver ...

June 5, 2023, 1:44 pm


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