Tag: canadian dollar

USDCAD is up by a hundred pips from yesterday's low in a bullish reversal Elliott Wave analysis helped us predict in advance. What's next...

USDCAD fell for the fourth week in a row despite the Fed's hawkish comments and the sharp drop in the price of crude oil....

USDCAD is up this week after falling by nearly 500 pips over the previous three weeks. Can the bulls stage a meaningful recovery from...

The Fed tried to sound tough last week when it held rates steady, but traders didn’t buy the threats. Coupled with the stabilization in...

USDCAD fell again last week after the Fed abstained from raising interest rates again, while the Bank of Canada is still tightening. Elliott Wave...

USDCAD is down for the week so far after yesterday's CPI data strengthened the case for a pause in the Fed's tightening campaign. Is...

June is shaping up as a terrible month for USDCAD bulls as the pair plunged for the second straight week heading into FOMC. In...

USDCAD is down again as forex traders expect crude oil prices to head north soon and reestablish the inverse correlation between the two. Can...

USDCAD lost nearly 200 pips last week, observing its inverse correlation with the price of crude oil, which surged sharply the past two trading...

USDCAD bulls picked up where they left off and the pair is rising for the second week in a row. How far can it...

USDCAD surged last week, helped by a drop in crude oil prices and rising expectations for another rate hike by the Fed. Can the...

The US dollar keeps strengthening against the Canadian despite debt ceiling jitters and rising crude oil prices. How far is this rally going? Read...

USDCAD was down by over 150 pips at one point last week, but managed to recoup most of its losses and close on a...

In today's Elliott Wave update we examine how this week's initial drop in USDCAD changes its short-term outlook, if at all.

Elliott Wave Update of USDCAD – May 17th, 2023

EW Pro Forex 17 May 23

In today's Elliott Wave update we examine how this week's initial drop in USDCAD changes its short-term outlook, if...

USDCAD surged sharply last week, helped by the weakness in the price of crude oil. How much further can the pair climb before the...

USDCAD is hardly changed so far this week as forex traders brace for more inflation data to shed light on the Fed's intentions going...

CADJPY is yet another example of a currency pair producing impressive long-term gains. The rate surged from a pandemic low of 73.81 in March,...

Neither the Fed's latest rate hike nor the crash in crude oil prices could prevent USDCAD from plunging as well last week. How does...

It is not the job of a currency pair to rise 17% in a matter of months. That’s what stocks and crypto are for....

USDCAD is up sharply this week, helped by a selloff in crude oil prices and expectations for another rate hike by the Fed later...

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...