EURUSD, USDCAD – trading opportunities for this week 17/2023
The beginning of the week is an opportunity to analyse the forex market more closely and look for opportunities for the new week. Today,...
USDCAD – bearish engulfing and inside bar on the top of the year
The USDCAD currency pair has been moving in an upward channel with a range of about 600 pips for over a year. In mid-September,...
USDCAD – a possible downward correction
The pair Canadian dollar with the US dollar (USD/CAD) has been moving in a slightly upward channel for several months. Last Friday, the price...
BoC forecasts: inflation concerns, end to QE in current form
The Bank of Canada (BoC) will announce its monetary policy decisions at 3pm, and as we approach publication time, here are economists' and major...
After the FED… USDCAD longs suggested
The eagerly awaited FOMC meeting is behind us. We learned yesterday the Fed's stance and its plans for monetary policy in the US.
Higher inflation...
USDCAD – pin bar on a Double Top neck line
Since the beginning of May 2015, the USDCAD - US dollar-Canadian dollar pair, after a short correction, headed north to set an all-time maximum...
USDCAD – bullish outside bars on weekly and daily charts – 03.03.2021
The USDCAD pair has fallen over 2000p since the highs established a year ago.
The past week ended with a nearly 300p upward candle that...
USDCAD – a chance for a bullish correction – 11.11.2020
On Monday, information appeared about an effective vaccine for covid-19. Pfizer reported that tests carried out on the new vaccine indicate 90% effectiveness and...
USDCAD – overbalance methodology… 05.10.2020
Looking today (Sunday, 05.10) through the charts of various instruments, I have not found any that would meet the assumptions of my strategy (PA+MACD)...
USDCAD – pipeline XL pumps the CAD
It may seem unbelievable, but Canadian oil on the internal market currently costs … $5 per barrel. There are several reasons for...