Tag: USDCAD

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,...

Dow Jones, Yields, US Dollar, USD/JPY, EUR/USD, USD/CAD, China GDP, ECB, BoC

Recommended by Thomas Westwater Get Your Free Top Trading Opportunities Forecast US stock indexes finished the...

USD/CAD to Eye Yearly High on Smaller BoC Rate Hike

Canadian Dollar Talking PointsUSD/CAD consolidates after clearing the opening range for October, but the exchange rate may attempt to retrace the decline from the yearly high (1.3978) as the Bank of Canada (BoC)...

USD/CAD is testing the weekly low in volatile trading

The Bank of Canada decision next Wednesday kicks off a blockbuster 10-day stretch of central bank decisions that will set the table for the remainder of the year.Ahead of that, the Canadian dollar...

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