USDCAD Tests 3-Year Trendline Ahead of US and Canada GDP Data
USDCAD returned to its trend after testing the 1.39 resistance level for the fifth time. The recent comeback of the ...
Tag: USDCAD
USDCAD Tests the Boundary of Tight Zone Ahead of BoC Rate Decision
The Bank of Canada is on the brink of another rate cut today. This will be the second straight rate ...
Loonie Gains Ground as US Dollar Faces Pressure, Higher Volatility Expected
The Bank of Canada (BOC) held the rates at 5% yesterday, as expected. The Canadian economy appears to be cooling ...
USDCAD’s One-Year Trend at Risk as US and Canada Jobs Report Awaited
USDCAD has just completed its second daily close above the one-year downtrend channel.
USDCAD Eyes Former Support Ahead of GDP Data
USDCAD is attempting to recover due to slowing inflation and a hawkish Federal Reserve (Fed).
USDCAD Near 9 Months Long Support After Bank of Canada Surprise
The BOC explained its decision in a statement, stating that "excess demand in the economy looks to be more persistent ...
USDCAD Nears Key Support as Debt Ceiling Talks and CPI Take Center Stage
As USDCAD approaches the key 1.3250 support level, talks about the US debt ceiling are starting to heat up.
USDCAD is Testing Major Resistance Zone
USDCAD has been torn between the rising dollar index and oil prices
USDCAD Outlook Ahead of Central Bank Decisions
USDCAD got a boost from the lower line of the trend channel and tested the middle point the last fall.
USDCAD Tested Key Resistance Ahead of Bank of Canada Decisions
USDCAD Tested Key Resistance Ahead of Bank of Canada Decisions
USDCAD Got Bullish Support From 1.25
USDCAD’s bullish run got a pause from the middle point of the September-October fall but the correction did not last ...
USDCAD is Retracing After The Trudeau’s Win
USCAD is retracing after Trudeau's win but it may be a buying opportunity as long as the medium-term uptrend holds ...
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