Tag: USDCAD

AUD/USD and USD/CAD Slide as Commerce Warfare 2.0 Begins, Extra Ache or a Rebound Forward?

Commerce Warfare 2.0 could set off a stagflation narrative because it includes not solely US-China commerce however with different main buying and selling companions. Commodities currencies could face additional headwinds as a consequence of...

USDCAD stays within the grasp of the up and down buying and selling vary this week.

This week, the consumers within the USDCAD had their shot on a break to the upside. THey missed.THe sellers had their brief on a break to the draw back. They missed.The breaks up-and-down...

USDCAD strikes again above the 100/200 hour MA after breaks decrease this week failed (twice)

The USD/CAD skilled important volatility earlier this week, initially transferring decrease on Monday following the Trump tariff story and its subsequent denial. On Tuesday, the pair reversed again decrease as soon as once...

USDCAD Technical Evaluation – We’re close to a key resistance zone

Basic OverviewThe dearth of catalysts not too long ago saved the US Greenback supported throughout the board regardless of the slowdown in momentum. The market may now be trying ahead to the primary weeks of November after...

USDCAD Technical Evaluation – Testing a key resistance

Elementary OverviewThe US Greenback has been gaining floor throughout the board this week regardless of the dearth of financial information and decrease Treasury yields, primarily shifting ahead by inertia.Stanley Druckenmiller stated in an interview yesterday that...

USDCAD Technical Evaluation – Deal with the Canadian CPI immediately

Elementary OverviewThe bullish momentum within the US Greenback appears to be waning regardless of the latest higher-than-expected US CPI and PPI stories. One caveat is that the market has now priced out the aggressive charge cuts...

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