Tag: canadian dollar

USDCAD returned to the price range it has been trading in for almost a year now. Elliott Wave analysis helped us find the key...

USDCAD made a new low Monday, but remains mostly unchanged so far this week. Where is the pair headed to next and is its...

USDCAD fell last week in a correction Elliott Wave analysis prepared us for last weekend. Are the bulls getting discouraged or just taking a...

USDCAD fell below the 1.2800 mark this week, as the pair is still within the gravitational pull of the 1.2900 support-resistance area. Can the...

USDCAD reached a new 2022 high, but eventually fell and closed the second week of May almost unchanged at 1.2911. Is this a major...

USDCAD reached heights last seen in late-2020 on the back of a decline in WTI crude oil prices. How high is the pair likely...

USDCAD recovered from its post-Fed rate hike drop last week and finished above 1.2900 on Friday. Can the bulls finally breach that strong resistance...

Despite the well-known inverse relationship between USDCAD and the price of oil, the two have moved up in tandem on numerous occasions...

USDCAD appears on the verge of breaking out through a major resistance area between 1.2900 and 1.3000. Can the bulls pull that off or...

Just as Elliott Wave analysis predicted, USDCAD bulls registered another good week as April drew to a close. Can they keep pushing the pair...

USDCAD is bouncing in sync with crude oil, although the inverse relationship between the two is well known. Elliott Wave analysis warned us...

USDCAD opened at 1.2614 last week and after a decline to 1.2458, shot sharply up and closed at 1.2710 on Friday. Has the uptrend...

USDCAD is down so far this week, but still safely above its last major bottom at 1.2403. Should more upside be expected as long...

USDCAD gained some ground again last week, but most traders are still unsure whether this is just a corrective recovery or the start of...

Even though crude oil is recovering, and despite its inverse relationship with USDCAD, the pair is rising, as well. How high can it go...

USDCAD initially fell last week, touching a low of 1.2403 before bouncing up sharply to close at 1.2573 on Friday. Can the bulls maintain...

USDCAD made a new low, before bouncing up again. Is this a sign that the bears might be losing their grip on the pair?...

Joe Biden's announcement that the U.S. will release a million barrels of oil a day from its strategic reserves over the next six months...

USDCAD lost some more ground over the past two trading days, despite the fact that crude oil prices fell as well. Can traders blindly...

USDCAD kept falling last week, maintaining the inverse relationship with crude oil prices. A strong support lies ahead, though. Is it strong enough to...

USDCAD seems to have restored its inverse relationship with crude oil and is now falling as oil climbs. Should we expect the two to...

The inverse relationship between USDCAD and crude oil returned last week as the pair dropped, while WTI recovered by over $10 a barrel. Are...

USDCAD remains in no-man's land, trading in an ever-tightening range around the 1.2700 mark. It is just a matter of time before a breakout...

USDCAD made another attempt to head north last week, but the resistance at 1.2900 stopped the bulls in their tracks. Can they breach it...

The inverse relationship between USDCAD and oil prices appears broken indeed, as both instruments climb in tandem this week. How long can that last?...

Despite the inverse relationship between USDCAD and crude oil, the pair is refusing to crash as WTI surges. How long can that last? Can...

Putin's unprovoked aggression against Ukraine is taking its toll on the financial markets. Our premium instruments are also more or less affected. Here is...

Despite the initial spike higher on the day of Russia's unprovoked aggression against Ukraine, USDCAD finished last week lower. Should we expect more weakness...

USDCAD surged again last week and is now on the verge of a new multi-month high. How far can the bulls go this time?...

The well-known inverse relationship between crude oil and USDCAD appeared broken last week as both rose simultaneously. Can we expect that to stop or...