USDCAD

USDCAD is moving towards the major swing zoneUSDCAD is breaking higher off 50% of the move down from the March high to April low. The bottom came at 1.35808. Today's low is at 1.3585. Yesterday, the price broke above the 50% retracement…

On the below daily chart for USDCAD, we can see that after bouncing back near the 1.33 handle and rising back to the 1.3553 resistance, the price action has become a bit choppy between the 1.34 handle and the 1.3553 resistance. The market…

Technical analysis of gold pricesGold sold on Friday, but the bulls were able to repel an attack on the psychological level of $2,000, which allowed prices to establish a base and rise on Monday, indicating that the path of least resistance…

USD/CAD may have finished its bull run, as the forex pair is forming a double top pattern that looks ready to break out. Do you think the price is ready to break below the neckline soon? Better keep your eyes on these levels so you don't…

Even with the big dollar moves recently, USD/CAD is still stuck in a range! Will it bounce from those inflection points again? Before we go any further, ICYMI, yesterday's watchlist looked at EUR/USD breaking out of its channel ahead of…

Technical analysis of crude oilCrude oil rose in early April after the unexpected OPEC+ announcement to cut production to stabilize energy markets. The decision briefly pushed WTI futures to their best levels since November 2022, but the…

USD/CAD and USD/JPY Forecast:US dollars / Canadian dollars It fluctuates after reaching a major technical resistance area, as bulls and bears battle to dominate the marketUS dollar / Japanese yen It is heading lower and challenging…

USD/CAD Technical Forecast:US dollars / Canadian dollars The week starts off on a positive note, though the gains are limitedDespite the weak price action on Monday, the technical signals continue to improve U.S. dollarThis article…

USD/CAD, WTI, Global Growth - Canadian Dollar and Oil Briefing: Recommended by Daniel Dubrovsky Get free oil forecasts The Loonie is suffering along with crude oil pricesThe Canadian dollar underperformed against the US…