USDCAD

News and analysis of the USD/CAD pairThe US jobs index is showing early signs of tension, and the Canadian dollar is gaining positive momentum after the BoC hikeDownward momentum accelerates as positive momentum continues for CAD - 'death…

Canadian Dollar vs US Dollar, British Pound and Euro - Overview: Recommended by Manish Grady Basics of breakout trading The Canadian dollar may have just received a boost to extend its gains against some of its peers,…

EUR/USD and USD/CAD Forecast:EUR/USD It slides on the back of disappointing economic data from EuropeUS dollars / Canadian dollars It continues to form a bearish double top patternThis article looks at the key euro/American dollar…

With the BOC decision out and Canadian jobs data out, I'm looking to set up this textbook on the Loonie pair this week. While the Canadian dollar has enjoyed some bullish movement thanks to higher oil prices after the OPEC decision,…

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…