Cad
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Trade of The Day – USDCAD
Facts:USDCAD is trading in a downward trend from mid-JanuaryThe pair bounced off the key resistance at 1.3730 Recommendation: Trade: Short USDCAD…
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Currency Talk – USD/JPY, AUD/USD and CAD/JPY
The Overbalance analysis aims to identify three financial instruments, analysed exclusively on a four-hour interval (H4). The analysis uses only…
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EUR/CAD holds losses near 1.6150 despite lower Oil prices, easing US-EU tensions
EUR/CAD may rise as the commodity-linked Canadian Dollar could struggle amid lower Oil prices. WTI struggles as oversupply concerns offset…
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EUR/CAD slips to near 1.6200 as Canadian Dollar gains on Oil boost
EUR/CAD struggles as the Canadian Dollar strengthens on higher WTI after Kazakhstan halted output at two major fields. The BoC…
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USD/CAD Price Forecast: Sees more downside below 1.3800 amid US-EU tensions
USD/CAD trades sideways around 1.3835 ahead of US President Trump’s speech at WEF in Davos. Trump imposes 10% tariffs on…
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USD/CAD Price Forecast: Finds temporary support near 20-day EMA
USD/CAD falls further to near 1.3850 amid weakness in the US Dollar. US-EU disputes over Greenland’s entitlement have weighed on…
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USD/CAD Price Forecast: Slips below 1.3900 toward moving averages
USD/CAD may target the initial resistance at the upper boundary of the ascending channel around 1.3970. The 14-day Relative Strength…
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USD/CAD steadies near 1.3900 as strong US data supports Fed pause
USD/CAD holds steady as strong US data bolsters expectations that the Fed will keep rates on hold. US Retail Sales…
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USD/CAD Price Forecast: Aims to hold 50% Fibonacci retracement at 1.3890
USD/CAD corrects to near 1.3890 after failing to extend nine-day winning streak. Criminal charges against Fed Chair Powell have weighed…
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EUR/CAD Price Consolidates around mid-1.6100s; Canadian jobs data awaited
EUR/CAD stalls the overnight pullback from the 1.6215-1.6220 confluence hurdle. Traders seem reluctant to place directional bets ahead of the…
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