Tag: canadian dollar

USDCAD lost more than 100 pips last week as the bulls hope that the recently breached resistance would now act as support. In our...

USDCAD is down sharply this week just when the bulls thought that they've finally cleared the 1.4000 resistance area. Is the uptrend still intact...

USDCAD closed in the vicinity of 1.4100 last week after briefly exceeding that level on Friday. How much further can the bulls go before...

USDCAD is up slightly this week as forex traders brace for today's CPI report. Can we see a decisive breach of the resistance just...

USDCAD fell a bit last week, but remains within the resistance area near 1.3900. Can the bulls finally break it and proceed higher after...

USDCAD is up sharply Wednesday as Donald Trump is projected to win the US election. In today's Elliott Wave update we examine where this...

USDCAD added a fifth week to its winning streak and finished the month of October with a 3% gain. Can the bulls now deal...

USDCAD keeps climbing as the Bank of Canada continues to lower interest rates, while the strong US economy might prevent the Fed from following...

USDCAD kept surging last week and is already trading in the vicinity of the resistance area around 1.3900. Can the bulls break it and...

A very clear pattern has emerged from the bottom at 1.3420 in USDCAD. In today's update we discuss its meaning and place in the...

USDCAD closed in the green for third consecutive week, but couldn't break the strong resistance area near 1.3850. Can the bulls still do it...

USDCAD's sharp surge just bumped into the resistance near 1.3850, which has been an unbreakable barrier for the bulls for over two years now....

USDCAD surged by nearly 200 pips last week on higher-than-expected September inflation and strong payroll numbers. In our latest analysis we try to identify...

USDCAD is up notably for the second straight week, helped by the inverse correlation with crude oil. Is there a resistance in sight? Read...

USDCAD has been gravitating around the 1.3600 mark for over two years now. In our latest Elliott Wave analysis we examine the structure of...

In our latest Elliott Wave update of USDCAD we discuss if more weakness should be expected and identify the key level to watch for...

USDCAD fell to 1.3420 last week, but the bulls managed to fight back and close the session nearly 100 pips higher on Friday. Is...

USDCAD is down sharply this week just as Elliott Wave analysis had predicted. Is there a support in sight the bulls can rely on?...

USDCAD closed in the red for the first time in three weeks after the Fed's jumbo-sized rate cut. Should we buy the dip or...

USDCAD has barely moved so far this week as forex traders await the Fed's first rate cut since the pandemic. How is the pair...

USDCAD gained for the second straight week, but the bulls got discouraged by the resistance just above 1.3600. Can they overcome it or should...

USDCAD is rising for the second straight week, but can the recovery continue as the bulls now face the 1.3600 resistance area? Read in...

USDCAD gained last week after Canadian unemployment rose again in August, indicating that the Bank of Canada has more easing to do. Should we...

USDCAD is trading in the green for the first time in five weeks after losing 2.3% in August. But is the support near 1.3500...

USDCAD fell for the fourth week in a row to close the month of August down 2.3% as traders brace for Fed rate cuts...

The bears continue their rule over USDCAD, helped by a recovery in crude oil prices and an imminent rate cut by the Fed next...

In a plunge Elliott Wave analysis helped us to predict, USDCAD fell sharply last week after Jay Powell cemented a rate cut in September....

USDCAD is down for the third week in a row as traders bet that a rate cut by the Fed in September is inevitable....

USDCAD continued to fall this past week and closed below the 1.3700 mark for the first time in over a month. How much lower...

In today's Elliott Wave update of USDCAD we examine the pair's hourly chart to determine its most likely reaction to today's CPI inflation report....