Cad
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EUR/CAD struggles near 1.5850 as oil prices support Canadian Dollar
EUR/CAD’s upside remains limited as the commodity-linked CAD receives support from higher oil prices. WTI eases intraday but remains elevated…
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USD/CAD Price Tests 1.3700 support near moving averages
USD/CAD could test the upper rectangle channel boundary around 1.3750. The 14-day Relative Strength Index holds in the mid-50s, signaling…
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CAD ticks up after Thursday’s downfall ahead of Retail Sales data
The Canadian Dollar edges up after a sharp sell-off on Thursday. A sharp correction in the oil price dragged the…
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Canadian Dollar holds steady ahead of Fed, BoC policy decisions
USD/CAD steadies as traders await Powell’s guidance on oil surge impact on Fed policy outlook. Federal Reserve expected to hold…
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Canadian Dollar gains ground on rising oil prices, Fed rate decision looms
USD/CAD trades with mild losses near 1.3685 in Tuesday’s Asian session. Higher crude oil prices underpin the commodity-linked Canadian Dollar. …
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Trade of The Day – NZD/CAD
Facts: Short term sentiment remains downward from the beginning of FebruaryThe price reacted to the upper limit of 1:1 structure at…
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USD/CAD holds steady near 1.3550 as US Retail Sales data looms
USD/CAD flat lines around 1.3560 in Tuesday’s early European session. Canada’s Unemployment Rate dipped to a 16-month low of 6.5%,…
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USD/CAD holds below 1.3700 amid weak US labor data, higher crude oil prices
USD/CAD posts modest losses around 1.3685 in Friday’s early European session. US weekly jobless claims increased more than expected last…
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Currency Talk – GBP/USD, NZD/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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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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