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...
The exchange rate of the Canadian dollar (USDCAD) is weakening against greenback. Chance to...
The USDCAD exchange rate last week left consolidation thru the top , which took the form of an inside bar. Immediately...
USDCAD – what after USMCA? – 11.12.2019
The new trade agreement between the US-Mexico and Canada, USMCA, has been under discussion for a long time. Today it has become...
USDCAD – breakout from the channel – 21.10.2019
To make a proper analysis of this pair, it is worth looking at the weekly chart. It shows that for more than...