Tag: USDCAD
USDCAD tests the 200 hour MA as oil rise helps to send the loonie higher (USDCAD lower)
That move to the downside has now returned back to the 200 hour moving average at 1.3677. The low price just reached that level and found support buyers. The current price is trading...
USD/CAD: given the strong upward momentum – Analytics & Forecasts – 6 October 2022
USD/CAD is trading close to 1.3680, breaking through the 1.3609 resistance level at the beginning of the European trading session, which has now...
USD/CAD Rate Pulls Back to Generate RSI Sell Signal
Canadian Dollar Talking PointsUSD/CAD carves a series of lower highs and lows as it extends the decline from the yearly high (1.3837), and the exchange rate may face a larger pullback over the...
USD/CAD zooms to 1.38 as month-end flows hit the loonie
The risk picture has deteriorated since Europe went home and oil is also lower today so there's good reason to sell the loonie but month-end flows might be pushing it further...
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