Tag: canadian dollar

USDCAD plunged last week after the Fed kept rates unchanged and declared its intentions to pivot to as many as three rate cuts in...

USDCAD is slightly up this week, but it is the Fed's rate decision and Jay Powell's commentary later today, which can make or break...

USDCAD finished in the green for the first time in four weeks after strong labor data implied that the Fed might take its time...

USDCAD is attempting to stage a comeback after three weekly trading sessions in the red. In today's Elliott Wave update we identify the key...

The well-known inverse correlation between USDCAD and crude oil seems to be no longer at work as the two have been falling in tandem...

Falling treasury yields are dragging USDCAD down with them as forex traders no longer expect the Fed to keep raising interest rates. Is there...

November is shaping up as a bad month for USDCAD bulls, who suffered losses in three of the last four weeks. Can they turn...

Despite the numerous ups and downs, USDCAD is practically unchanged since the beginning of the week, hovering around 1.3720. In today's Elliott Wave update...

USDCAD closed in negative territory last week after inflation data for October made it even less likely for the Fed to raise rates again....

Lower-than-expected October inflation put rate cuts on the horizon for 2024 and dragged USDCAD sharply down yesterday. Is there a support in sight for...

The second week of November was nothing like the first for USDCAD as the forex pair surged by over 140 pips. Can the bulls...

USDCAD is up sharply this week, but is it safe to rejoin the bulls now, or is this just a corrective rally before the...

USDCAD fell sharply last week after the bulls got discouraged by the strength of the resistance near 1.3900 and the weakness in the labor...

USDCAD is more or less unchanged since the start of the week as traders await the Fed's decision on interest rates later today. Is...

USDCAD bulls easily conquered 1.3800 and came close to 1.3900, as well, last week. What are the odds of this surge proceeding into November?...

USDCAD is trading higher for the second straight week, but it has yet to breach the resistance area between 1.3800 and 1.3900. What happens...

USDCAD closed above 1.3700 for the first time since March on the back of rising US treasury yields and hesitant crude oil bulls. How...

USDCAD is down for the second week in a row even though it might still feel as if it is in an uptrend. In...

USDCAD initially fell below the 1.3600 mark last week, but the bulls managed to regroup and earn a weekly close near 1.3660 again. In...

This week is nothing like the past two for USDCAD traders as the pair is down sharply following dovish comments by Fed members. In...

USDCAD approached the 1.3800 mark last week, before the bears showed up to force a close below 1.3700 on Friday. Is the uptrend still...

Higher US treasury yields and lower crude oil prices are both pushing USDCAD higher. What's left the forex pair's uptrend? Read in our latest...

USDCAD surged on Friday after weak GDP data strongly indicated that the Bank of Canada is done with raising interest rates. Can the recovery...

In agreement with what Elliott Wave analysis had suggested, USDCAD is up so far this week. How high can the forex pair go this...

In a move which Elliott Wave analysis helped us to predict, USDCAD plunged sharply last week before finding support just under 1.3400. Is this...

In yet another occasion when USDCAD and crude oil are moving in tandem, the forex pair is down for the second week in a...

In a bearish reversal which Elliott Wave analysis helped us to predict, USDCAD plunged sharply last week, from over 1.3640 to under 1.3500. Is...

After a rally spanning nearly two months, USDCAD is down sharply this week in a dip, which Elliott Wave analysis helped us to predict....

USDCAD almost touched 1.3700 last week, but lost momentum and closed a pip above 1.3640 on Friday. Are the bulls ready for another try...

USDCAD looked poised to reach 1.3700 yesterday, but lost momentum. Can the pair break above the resistance area of 1.3650 from the first try...