Elliott Wave Analysis of USDCAD – June 5th, 2023
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 lost nearly 200 pips last week, observing its inverse correlation with the price of crude oil, which surged sharply the past two trading...
USDCAD lost nearly 200 pips last week, observing its inverse correlation with the price of crude oil, which surged...
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 bulls picked up where they left off and the pair is rising for the second week in a...
USDCAD surged last week, helped by a drop in crude oil prices and rising expectations for another rate hike by the Fed. Can the...
USDCAD surged last week, helped by a drop in crude oil prices and rising expectations for another rate hike...
The US dollar keeps strengthening against the Canadian despite debt ceiling jitters and rising crude oil prices. How far is this rally going? Read...
The US dollar keeps strengthening against the Canadian despite debt ceiling jitters and rising crude oil prices. How far...
USDCAD was down by over 150 pips at one point last week, but managed to recoup most of its losses and close on a...
USDCAD was down by over 150 pips at one point last week, but managed to recoup most of its...
In today's Elliott Wave update we examine how this week's initial drop in USDCAD changes its short-term outlook, if at all.
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 surged sharply last week, helped by the weakness in the price of crude oil. How much further can...
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...
USDCAD is hardly changed so far this week as forex traders brace for more inflation data to shed light...
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,...
CADJPY is yet another example of a currency pair producing impressive long-term gains. The rate surged from a pandemic...
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...
Neither the Fed's latest rate hike nor the crash in crude oil prices could prevent USDCAD from plunging as...
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....
It is not the job of a currency pair to rise 17% in a matter of months. That’s what...
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 is up sharply this week, helped by a selloff in crude oil prices and expectations for another rate...
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 surged to almost 1.3670 last week, but the bulls couldn't maintain momentum and eventually lost most of their...
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 keeps climbing helped by the weakness in the price of crude oil and the anticipated 25 bps Fed...
USDCAD surged sharply last week, helped by an equally steep drop in crude oil prices and expectations for another rate hike by the Fed....
USDCAD surged sharply last week, helped by an equally steep drop in crude oil prices and expectations for another...
Elliott Wave analysis is different from other types of technical analysis, because it puts everything into context. No head & shoulders patterns just hanging...
Elliott Wave analysis is different from other types of technical analysis, because it puts everything into context. No head...
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 is up so far this week in a recovery Elliott Wave analysis helped us predict. How much higher...
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 plunged sharply last week after The Bank of Canada left interest rates unchanged and crude oil prices rose...
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 is down for the week so far as traders await another crucial inflation report later today. The pair's...
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 barely held above 1.3400 at the start of last week, but eventually recovered and closed almost unchanged on...
USDCAD naturally fell after the price of crude oil jumped. Fortunately, Elliott Wave analysis put us ahead of both moves. Can the bears keep...
USDCAD naturally fell after the price of crude oil jumped. Fortunately, Elliott Wave analysis put us ahead of both...
Surging crude oil prices and expectations for a less hawkish Fed going forward caused a plunge in USDCAD at the end of March. Is...
Surging crude oil prices and expectations for a less hawkish Fed going forward caused a plunge in USDCAD at...
USDCAD is down sharply in a move Elliott Wave analysis helped us predict. How much further can the pair fall from here? Read in...
USDCAD is down sharply in a move Elliott Wave analysis helped us predict. How much further can the pair...
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...
It's been a volatile week for USDCAD, but the pair eventually closed little changed on Friday. Where is it...
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 is down slightly this week as traders await today's FOMC decision on interest rates. Where is the pair...
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...
USDCAD closed in negative territory last week amid growing expectations for a less hawkish Fed and declining crude oil...
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...
Despite the well-known inverse correlation between crude oil prices and USDCAD, both the commodity and the pair are down...
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 surged sharply last week helped by Jerome Powell's hawkish testimony in front of Congress and a decline in...
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 climbed sharply yesterday after Jerome Powell reconfirmed the Fed's willingness to fight inflation until it drops back to...
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 closed last week mostly unchanged as forex traders prepare for several pieces of February inflation data to come...