Tag: USDCAD

USDCAD tests its 200 hour MA. Bounces. Trades between 100/200 hour MAs. What now?

The USDCAD USD/CAD The USD/CAD is...

USD/CAD Rate Clears October Opening Range Ahead of US CPI

Canadian Dollar Talking PointsUSD/CAD clears the opening range for October as it trades to fresh yearly high (1.3855), and fresh data prints coming out of the US may keep the exchange rate afloat...

GBP/USD Faces Key Hurdle, USD/CAD Could Rise Further – Analytics & Forecasts – 10 October 2022

GBP/USD struggled to clear 1.1500 and corrected lower. USD/CAD is rising and might climb further above the 1.3800 resistance. Important Takeaways for GBP/USD...

US Inflation Data to Set the Tone for USD/CAD

USD/CAD OUTLOOK: NEUTRAL TO BEARISHUSD/CAD falls modestly on the week, with the Canadian dollar receiving some support from the strong rally in oil pricesThe Loonie could mount a decent recovery if market sentiment...

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...

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