Usd/cad price analysis: extends its downside around 1.3500 amid a surge in crude oil prices

The immediate resistance level for the pair is seen at 1.3530; the 1.3490 acts as an initial support le...

September 15, 2023, 5:44 am

Usd/cad consolidates its losses near 1.3530, eyes on us inflation data

USD/CAD remains on the defensive around 1.3530 amid the USD weakness. The softer US data might convince...

August 31, 2023, 12:59 am

Usd/cad trades sideways near 1.3530, awaits us homes sales and jackson hole

The US Dollar Index (DXY), which gauges the strength of the US Dollar (USD) against a basket of six major currencies, trades slightly lower around 103...

August 21, 2023, 8:14 am

Usd/cad trades higher near 1.3530 on robust us data, eyes on us initial jobless claims

USD/CAD continues to gain due to robust US economic indicators. Elevated Treasury yields supported the strength of the Greenback. FOMC’s minutes rev...

August 17, 2023, 4:44 am

Major indices are close higher to start the new trading week

The major US stock indices are all closing higher on the day and to start the new trading week. The gains were led by the NASDAQ index with a rise of ...

August 14, 2023, 8:17 pm

The dow string of 13 higher closes is in jeopardy of ending today. what next?

The Dow has moved higher for 13 consecutive days. Today the price made a new highs going back to February 2022, but has rotated to the downside. The i...

July 27, 2023, 7:07 pm

Usd/cad attempts a recovery to near 1.3550 as fed policy hogs limelight

The USD/CAD pair has attempted a recovery move after defending the crucial support of 1.3530 in the ear...

May 2, 2023, 12:29 am

Usd/cad price analysis: key ema confluence prods loonie pair sellers near 1.3530

100-EMA, 200-EMA together challenge Loonie pair bears amid steady RSI. USD/CAD buyers struggle to keep the first daily gains in three as the quote ret...

May 1, 2023, 6:29 am

Major us indices close with sharp declines

The major US stock indices are closing with sharp declines. The NASDAQ index leads the way with a decline of -1.98%. Both the Dow and S&P also fell sh...

April 25, 2023, 8:21 pm

Usd/cad extends rally, markets brace for weak canadian retail sales

Canadian retail sales expected to have declined US Services and Manufacturing PMIs projected to have slowed USD/CAD pushes above 1.35 The US dollar is...

April 21, 2023, 11:20 am

Usd/cad consolidates gains

The Canadian dollar softened after the economy unexpectedly stalled in Q4. On the daily chart, the pair is looking to come out of its five-month long ...

March 1, 2023, 8:12 am

Gbpusd to confirm its elliott wave turnaround

Most currencies didn’t do well against the US dollar last year, but few did worse that the British pound. At the start of 2022, GBPUSD was hovering ...

January 8, 2023, 1:39 pm

Usd/cad price analysis: battles at the 20-day ema, drops toward 1.3530s

USD/CAD struggles at the 20-day EMA and tumbles towards the 1.3530 area. USD/CAD Price Analysis: Oscill...

December 30, 2022, 6:59 pm

Usd/cad price analysis: extends rebound from 200-sma towards 1.3570 resistance confluence

USD/CAD stays mildly bid near 1.3530 as it prints the first daily gains in three during early Wednesday...

December 28, 2022, 2:29 am

Icymi - china's plunging loan growth reflects weak loan demand & the weak economy

Data from China on Thursday ICYMI:

Overall credit growth (aggregate financing) was only CNY907.9 bn in October

• compared with Septe...

  November 10, 2022, 10:21 pm