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Gbp/usd nosedives while usd/cad aims higher
GBP/USD is gaining pace below 1.2300. USD/CAD is rising and might aim for a move above the 1.3520 resis...
September 25, 2023, 7:02 am
Usdcad trades to new session lows
The USDCAD is trading to a new session alone in the process is testing a swing area between 1.3494 and 1.35039. Below that is the September 1 low at 1...
September 14, 2023, 4:48 pm
Usd/cad soars to a three-month high, above 1.3500 post-fomc minutes release
Following the data release, the USD/CAD edged towards its daily high of 1.3545, followed by a dip towards the R1 pivot at 1....
August 16, 2023, 8:44 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 1.3450 to 1.3100 and lower the Q3 t...
June 29, 2023, 9:44 am
Usd/cad bulls staying put with eyes on 1.3520
USD/CAD bulls eye a run to test 1.3520. CAD is under pressure, consolidating at fresh cycle lows vs. th...
May 12, 2023, 2:14 am
Usd/cad: mildly offered below 1.3550 amid steady oil price, focus on us, canada employment data
USD/CAD renews a two-week low around 1.3520 as it cheers broad US Dollar weakness, as well as hawkish c...
May 5, 2023, 1:44 am
Fx option expiries for 21 april 10am new york cut
EUR/USD- 1.0973-80 (€920m)- 1.1050 (€1.7bn)USD/JPY- 134.00-20 ($829m)GBP/USD- 1.2350 (£545m)USD/CAD- 1.35...
April 21, 2023, 5:48 am
Usdcad posts gains near 1.3500 and ahead of crucial resistance
USDCAD has been overperforming over the last three days and is currently hitting the medium-term descending trend line of the symmetrical triangle. Th...
February 17, 2023, 8:29 am
Usd/cad price analysis: renews monthly high with eyes on 1.3520
USD/CAD takes the bids to a fresh monthly high near 1.3490 during early Friday. In doing so, the Loonie pair rises for the fourth consecutive day whil...
February 17, 2023, 5:44 am
Usd/cad to test major support
The Canadian dollar surged after a blowout jobs report fuelled speculation about further tightening. The recent consolidation has failed to secure a f...
February 13, 2023, 8:15 am
Intraday analysis – cad outperforms
USDCAD to test major support The Canadian dollar surged after a blowout jobs report fuelled speculation about further tightening. The recent consolida...
February 13, 2023, 7:30 am
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 1.3320 as a trian...
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 price analysis: recovery remains elusive below 1.3520
Multiple moving averages stand tall to challenge recovery moves. MACD, RSI conditions suggest further weakness but 10-week-old support line restricts ...
January 23, 2023, 3:44 am
Usd/cad price analysis: bounces off 1.3520 support confluence
Bulls remain off the table unless crossing the previous support line from November. Downbeat RSI line, sustained trading below key trend line, SMA fav...
January 2, 2023, 3:29 am
China covid: china-developed covid antiviral pill appeared to be as effective as paxlovid
As China has exited its 'zero' policy cases have skyrocketed. While widespread lockdowns are a thing of the past self-imposed isolation and illness...
December 29, 2022, 9:42 pm
Usd/cad falls to the lowest level in three weeks under 1.3500
The USD/CAD broke a relevant support area located at 1.3520 and accelerated the downside. If the pair m...
December 27, 2022, 5:14 pm
Usd/cad keeps heading south and approaches important support at 1.3520
The rising crude prices offer additional support to the commodity-linked CAD, which has gained about 1.25% over the last seven days. From a technical ...
December 27, 2022, 11:44 am
Usd/cad seeks support
The Canadian dollar edged higher after its economy grew by 0.1% in October. The US counterpart had recovered along a rising trendline from mid-Novembe...
December 27, 2022, 7:51 am
Intraday market analysis – usd pulls lower
USDCAD seeks support The Canadian dollar edged higher after its economy grew by 0.1% in October. The US counterpart had recovered along a rising trend...
December 27, 2022, 7:31 am