Tag: USDCAD
The Afternoon Market Overview – OPEC Reached an Agreement!
After 17:00 was announced information which world markets expected since early morning. The president of the Organization uniting some of the largest oil producers...
Societe Generale: USDCAD above support
USD/CAD has formed a shooting star near daily channel resistance of 1.3580. It is also evolving within a double top with neckline at 1.3390/1.3370....
USD/CAD – Close to the Trend Line, the Option CALL
At the H1 chart USD/CAD continues correction in an uptrend. Declines have high dynamics, and the price is slowly approaching the trend line connecting...
Scotiabank: USD/CAD under near-term pressure
Scotiabank analytics peer closer to USD/CAD and GBP/CAD price action. Does popular major has bullish potential? Does GBP/CAD has it?
USDCAD remains under pressure, trading...
USD/CAD – on the support, the option CALL
At the H4 chart USD/CAD there is an bullish trend but recently, there were strong declines. Price reached the support area based on previous...
Scotiabank: USD/CAD short-term bullish
CAD is up a modest 0.2% from Monday’s close, fading its short- lived 0.5% rally into the European open while seeing renewed pressure into...
USDCAD – The Potential for a Decline to 1.3333
5 consecutive candles closed below the lower Bollinger band on the 30-minute chart of USDCAD pair. We have also a local low at 1.3369.
Currently,...
Thursday Market Review – EURUSD, USDJPY, USDCAD
EURUSD
After lasting for most of the day increases, we observe for the last few hours dynamic drops, which are currently testing the support area...
The Morning Market Overview – 3 Things Worth Noticing Today
On Tuesday there will be 3 things worth watching – German IfFO Business Climate, US Housing Price Index and Consumer Confidence. More details in...
USD/CAD (H1): Bearish trend
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Forecast: Rebound from local resistance and depreciation
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