Tag: canadian dollar

USDCAD is up sharply so far this week, despite the fact that crude oil is also rising and the inverse correlation between the two....

USDCAD finished last week mostly unchanged, despite the sharp drop in crude oil prices and the inverse relationship between the two. In today's Elliott...

USDCAD is little changed since the start of the week and key invalidation level Elliott Wave analysis helped us identify is still intact. Take...

USDCAD finished last week over 130 pips higher than where it started it, but does that mean its uptrend has resumed or not? Read...

USDCAD is up slightly this week, bucking the downtrend of the past month. Is a significant recovery on the cards, though? Read in our...

USDCAD plunged last week, after lower-than-expected inflation in October strengthened the case for the Fed to slow the pace of rate hikes. Is the...

USDCAD is down so far this week, but is this a sustainable new downtrend or just a dip to buy within the still-ongoing uptrend?...

USDCAD dropped heavily last week as the surge in oil prices and the more dovish Fed combined to convince traders to sell the pair....

USDCAD is hardly changed since the start of the week as traders await today's interest rate decision by the Fed. Can the bulls return...

USDCAD dipped below 1.3500 before closing above 1.3600 last week in a bounce the Elliott Wave principle helped us anticipate. Should traders buy this...

USDCAD keeps sliding and is already trading below the 1.3600 mark. Can the uptrend be expected to resume soon or is this the beginning...

USDCAD was down by 250 pips at one point last week in a drop Elliott Wave analysis warned us about in advance. What is...

The inverse relationship between USDCAD and oil prices appears to be broken as both are down so far this week. How does the pair's...

Last week, USDCAD approached the 1.4000 mark for the first time in over two years. Can the bulls breach this key resistance level soon...

Yesterday's drop in crude oil prices helped USDCAD to trade above the 1.3850 mark for the first time since May, 2020. Is the surge...

USDCAD bulls did their best to recover from last week's initial plunge to 1.3503, but the pair still closed in negative territory on Friday....

USDCAD bulls are taking a break after the pair's meteoric rise over the past couple of weeks. In this week's Elliott Wave update we...

USDCAD kept surging last week and closed the month of September on a positive note above the 1.3800 mark. Can the pair retest or...

USDCAD keeps surging as rising US interest rates and falling oil prices put further pressure on the Canadian dollar. How high can the pair...

As if the third consecutive 75bps Fed rate hike wasn't enough, the inverse relationship between crude oil and USDCAD has returned. How high can...

USDCAD is approaching 1.3400 as traders expect another 75 bps rate hike by the Fed later today to further strengthen the greenback. What are...

USDCAD exceeded the 1.3300 mark last week before dropping to close below it on Friday. Can the bulls push through or is this level...

USDCAD is up sharply this week following a worse-than-expected August inflation report, which opens the door for more Fed rate hikes. How high are...

In a rare weak moment for the US dollar across the board, USDCAD fell to close below 1.3020 last week, despite an initial push...

USDCAD is up so far this week and is on the verge of reaching a new two-year high. Can this uptrend be trusted to...

USDCAD gained sharply in the first days of September as the pair's inverse relationship with crude oil pushed it higher. Can the uptrend continue...

The Fed's determination to tame inflation pushed the US dollar even higher against most of its rivals, the Canadian dollar included. How high can...

Despite the weak start and initial drop, USDCAD managed to finish last week strong and close the session in positive territory. Can the rally...

USDCAD is down slightly for the week after bumping into the 1.3050 resistance again. Can the bulls breach it eventually? Read in our latest...

The support near 1.2750 caused another surge last week in a sign USDCAD bulls are not ready to give up yet. How high can...