USDCAD

The US dollar against the Canadian dollar is fallingUSD/CAD falls to the downside despite stronger US durable goods, weaker retail sales in Canada, and a stronger University of Michigan (but lower inflation expectations). Preliminary…

High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before…

USD/CAD has now regained its previous gains in today's trading. The price is now falling and testing the swing zone between 1.3604 and 1.3615. A move below this level would have traders looking towards the 38.2% retracement of the…

The US dollar fell against the Canadian dollar after a weaker than expected US jobs report. That downward movement stopped against the old ceiling area between 1.36049 and 1.36154. The price started to bounce back to the upside. The move…

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange,…

US DOLLAR OUTLOOK – EUR/USD, USD/JPY, USD/CADU.S. dollar, via the DXY index, eases off multi-month highs as global yields soarThe spotlight this week will be the release of the March U.S. jobs reportThis article explores the technical…

This forex pair has been pacing inside its range for quite some time and is currently testing the top. Is it in for a bounce or a break next? Check out these inflection points I’m watching on the hourly time frame. USD/CAD 1-hour…

Most Read: Fed Sticks to Dovish Policy Roadmap; Setups on Gold, EUR/USD, Nasdaq 100Too often, traders get caught up in the herd mentality, buying when prices are rising rapidly and selling in a panic when the market takes a turn to the…

The USDCAD moved higher this week, helped by a sharp rise yesterday after stronger than expected US CPI data and weekly initial and continuing claims. The price extended above a number of moving averages with the 100-day moving average at…

Most Read: GBP Update - Hunt Decides on National Insurance Reduction Over Tax CutsThe U.S. dollar trended lower on Wednesday, pressured by falling U.S. Treasury rates. This occurred despite Federal Reserve Chair Jerome Powell indicating…