Tag: USDCAD

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...

US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY

US Dollar Talking Points:There’s panic in FX and major currencies like the British Pound are reacting in a troubling manner.As I looked at last week there seems to be a disconnect between FX...

USD/CAD Rate Outlook Hinges on BoC Interest Rate Decision

Canadian Dollar Talking PointsUSD/CAD appears to be reversing course following the failed attempt to test the yearly high (1.3224), but the Bank of Canada (BoC) interest rate decision may keep the exchange rate...

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