Tag: USDCAD

USD/CAD Reverses Ahead of 50-Day SMA to Eye Yearly High

Canadian Dollar Talking PointsUSD/CAD trades to a fresh weekly high (1.3808) as it extends the advance following the Federal Reserve rate decision, and the exchange rate may attempt to retrace the decline from...

GBP/USD Eyes Additional Gains, USD/CAD Could Start Fresh Increase – Analytics & Forecasts – 31 October 2022

GBP/USD is gaining pace above the 1.1500 resistance zone. USD/CAD is recovering and might rally if it clears the 1.3635 resistance zone. Important...

USD/CAD Keenly Awaits FOMC After BoC Shock

USD/CAD ANLAYSISWill we see further central bank divergence come FOMC?Resilient CAD may be breaking down against USD.Falling wedge in focus next week. Recommended by ...

USDCAD moves to a key downside target

The USDCAD move down to test a key support area defined by the 38.2% retracement of the move up from the August low at 1.34995. Also in that area is swing lows and...

USD/CAD: on the eve of the Bank of Canada meeting – Analytics & Forecasts – 25 October 2022

In an alternative scenario and in case of a rebound from the resistance level 1.3735 USD/CAD will fall to the support levels 1.3610,...

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