USDCAD

The USDCAD is pushing back to the upside in what has been a volatile up-and-down trading day. That is congruent with a volatile up-and-down trading week. The high price this week was reached yesterday when the price extended above a swing…

The USDCAD is making a break to the upside. In the process, the price of the USDCAD is moving above its 50% retracement level at 1.33971 and the high of a swing area at 1.3408. If the buyers mean business, staying above the 50% would keep…

It looks like the range support on USD/CAD held once again! Can this fresh bounce make it all the way up to the long-term top? Take a look at these levels I’m watching on the daily time frame. USD/CAD Daily Forex Chart by TV Dollar…

USDCAD below the 100 week MAThe USDCAD on the weekly chart is trading below its 100-week MA at 1.3278. A close below that MA would be the first since May 2022. That would be more bearish technically. Staying below keeps the sellers in…

USDCAD trades to new 4 month low. Tests swing area.The USDCAD is trading to another new low today- taking out the low from yesterday at 1.33107. The low price reached 1.3303. That got within 5 pips of the low of a swing area I have that…

USDCAD daily chartThe weather is cooling off in Canada but the currency has heated up.USD/CAD fell to a four-month low today despite some US dollar strength elsewhere. Bank of Canada governor Tiff Macklem helped along the move as he pushed…

The greenback is on the move thanks to the Federal Reserve, creating textbook technical setups across the major USD pairs. With USD volatility likely to stay up for a minute, USD/CAD will be a pair to watch with clean technical setups…

USDCAD trades to a new high but upside resistance loomsThe USDCAD has recently reached a new daily high, but the price movement has been notably volatile, fluctuating between gains and losses. This inconsistency in the market's direction…

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The Dollar and Loonie both have a busy schedule ahead, making this textbook technical setup on USD/CAD one to watch for both bulls and bears? Will the downside break be extended or could there be a bounce ahead?USD/CAD: 4-Hour USD/CAD…