USDCAD is Looking for Direction Over The Major Trend Line
USDCAD is over the 14-month long downtrend. Is this the breakout or just a simple bull trap is still unknown.
Tag: USDCAD
Monthly Outlook – May
In May, markets get a correction to their medium-term outlook with 10-year US bonds in the lead. But economic-wise, the ...
USDCAD Outlook Ahead of BOC Meeting
Despite the slow start, Canada accelerates the vaccinations and according to the prime minister, it is only the start. CAD ...
USDCAD Maybe Near the End of the Wedge Formation
USDCAD, further contract within the bullish wedge pattern. January bottom 1.2590 is currently being tested again.
USDCAD is Testing Key Support
1.2950 level worked both as support and resistance for the last 5 years. Now, USDCAD is testing it below.
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