Tag: canadian dollar

USDCAD surged to almost 1.3670 last week, but the bulls couldn't maintain momentum and eventually lost most of their gains by Friday. Can the...

USDCAD keeps climbing helped by the weakness in the price of crude oil and the anticipated 25 bps Fed rate hike next Wednesday, May...

USDCAD surged sharply last week, helped by an equally steep drop in crude oil prices and expectations for another rate hike by the Fed....

Elliott Wave analysis is different from other types of technical analysis, because it puts everything into context. No head & shoulders patterns just hanging...

USDCAD is up so far this week in a recovery Elliott Wave analysis helped us predict. How much higher can the forex pair go...

USDCAD plunged sharply last week after The Bank of Canada left interest rates unchanged and crude oil prices rose again. How much further can...

USDCAD is down for the week so far as traders await another crucial inflation report later today. The pair's Elliott Wave chart is already...

USDCAD barely held above 1.3400 at the start of last week, but eventually recovered and closed almost unchanged on April 7th. Can the decline...

USDCAD naturally fell after the price of crude oil jumped. Fortunately, Elliott Wave analysis put us ahead of both moves. Can the bears keep...

Surging crude oil prices and expectations for a less hawkish Fed going forward caused a plunge in USDCAD at the end of March. Is...

USDCAD is down sharply in a move Elliott Wave analysis helped us predict. How much further can the pair fall from here? Read in...

It's been a volatile week for USDCAD, but the pair eventually closed little changed on Friday. Where is it likely headed from here? Read...

USDCAD is down slightly this week as traders await today's FOMC decision on interest rates. Where is the pair likely headed afterwards? Read in...

USDCAD closed in negative territory last week amid growing expectations for a less hawkish Fed and declining crude oil prices. In today's Elliott Wave...

Despite the well-known inverse correlation between crude oil prices and USDCAD, both the commodity and the pair are down this week. Can the exchange...

USDCAD surged sharply last week helped by Jerome Powell's hawkish testimony in front of Congress and a decline in crude oil prices. What comes...

USDCAD climbed sharply yesterday after Jerome Powell reconfirmed the Fed's willingness to fight inflation until it drops back to 2%. Does this mean that...

USDCAD closed last week mostly unchanged as forex traders prepare for several pieces of February inflation data to come out in the coming days....

USDCAD keeps hovering around the 1.3600 mark as forex traders await the February non-farm payrolls data due on Friday, March 10th. How is it...

Higher January inflation raised the possibility that the Fed will keep interest rates higher for longer, sending the dollar up last week. Is the...

USDCAD keeps gaining ground helped both by higher US interest rates expectations and a drop in the price of WTI crude oil. How high...

USDCAD staged a notable recovery last week helped by a sharp drop in WTI crude oil prices and higher than expected January inflation. Can...

Yesterday's CPI for the month of January came in hotter than expected, paving the way for more rate hikes by the Fed. How is...

Russia said it would cut oil production by 500k barrels a day, sending WTI surging, which in turn, dragged USDCAD down. In today's Elliott...

USDCAD is down so far this week as higher crude oil prices and a less hawkish Jerome Powell put pressure on the US dollar....

USDCAD found support and bounced up last week following stronger-than-expected jobs and wage growth data from the US. Can the recovery continue and how...

USDCAD spiked sharply yesterday, but the bulls couldn't kickstart a meaningful uptrend and eventually gave all their gains away in short order. Can the...

USDCAD fell again to touch the 1.3300 mark last week, before closing a little higher on Friday. How much lower are the bears willing...

USDCAD is down slightly so far this week, apparently ignoring its well-known inverse correlation with crude oil prices, which also fell. In today's Elliott...

Despite the initial recovery to 1.3521, USDCAD failed to maintain the positive momentum and closed in negative territory last week. In today's Elliott Wave...