Elliott Wave Update of USDCAD – March 1st, 2023
USDCAD keeps hovering around the 1.3600 mark as forex traders await the February non-farm payrolls data due on Friday, March 10th. How is it...
USDCAD keeps hovering around the 1.3600 mark as forex traders await the February non-farm payrolls data due on Friday, March 10th. How is it...
USDCAD keeps hovering around the 1.3600 mark as forex traders await the February non-farm payrolls data due on Friday,...
Higher January inflation raised the possibility that the Fed will keep interest rates higher for longer, sending the dollar up last week. Is the...
Higher January inflation raised the possibility that the Fed will keep interest rates higher for longer, sending the dollar...
USDCAD keeps gaining ground helped both by higher US interest rates expectations and a drop in the price of WTI crude oil. How high...
USDCAD keeps gaining ground helped both by higher US interest rates expectations and a drop in the price of...
USDCAD staged a notable recovery last week helped by a sharp drop in WTI crude oil prices and higher than expected January inflation. Can...
USDCAD staged a notable recovery last week helped by a sharp drop in WTI crude oil prices and higher...
Yesterday's CPI for the month of January came in hotter than expected, paving the way for more rate hikes by the Fed. How is...
Yesterday's CPI for the month of January came in hotter than expected, paving the way for more rate hikes...
Russia said it would cut oil production by 500k barrels a day, sending WTI surging, which in turn, dragged USDCAD down. In today's Elliott...
Russia said it would cut oil production by 500k barrels a day, sending WTI surging, which in turn, dragged...
USDCAD is down so far this week as higher crude oil prices and a less hawkish Jerome Powell put pressure on the US dollar....
USDCAD is down so far this week as higher crude oil prices and a less hawkish Jerome Powell put...
USDCAD found support and bounced up last week following stronger-than-expected jobs and wage growth data from the US. Can the recovery continue and how...
USDCAD found support and bounced up last week following stronger-than-expected jobs and wage growth data from the US. Can...
USDCAD spiked sharply yesterday, but the bulls couldn't kickstart a meaningful uptrend and eventually gave all their gains away in short order. Can the...
USDCAD spiked sharply yesterday, but the bulls couldn't kickstart a meaningful uptrend and eventually gave all their gains away...
USDCAD fell again to touch the 1.3300 mark last week, before closing a little higher on Friday. How much lower are the bears willing...
USDCAD fell again to touch the 1.3300 mark last week, before closing a little higher on Friday. How much...
USDCAD is down slightly so far this week, apparently ignoring its well-known inverse correlation with crude oil prices, which also fell. In today's Elliott...
USDCAD is down slightly so far this week, apparently ignoring its well-known inverse correlation with crude oil prices, which...
Despite the initial recovery to 1.3521, USDCAD failed to maintain the positive momentum and closed in negative territory last week. In today's Elliott Wave...
Despite the initial recovery to 1.3521, USDCAD failed to maintain the positive momentum and closed in negative territory last...
USDCAD is taking its inverse correlation with the price of oil into account so far this week, dropping while the commodity rises. Can the...
USDCAD is taking its inverse correlation with the price of oil into account so far this week, dropping while...
USDCAD barely held above 1.3320 after last week's US inflation report, but then recouped some of its losses to close in the vicinity of...
USDCAD barely held above 1.3320 after last week's US inflation report, but then recouped some of its losses to...
USDCAD barely held above 1.3350 earlier this week, but is back above 1.3430 now ahead of tomorrow's CPI report for December. Where's the pair...
USDCAD barely held above 1.3350 earlier this week, but is back above 1.3430 now ahead of tomorrow's CPI report...
Despite the well-known inverse correlation between USDCAD and crude oil prices, both the pair and the commodity plunged last week. Here's how this drop...
Despite the well-known inverse correlation between USDCAD and crude oil prices, both the pair and the commodity plunged last...
USDCAD is starting the year on a positive note after it gained 140 pips in just the first two trading days of 2023. How...
USDCAD is starting the year on a positive note after it gained 140 pips in just the first two...
USDCAD fell during the last week of 2022, but still closed the year significantly higher than where it had started it. Can the rally...
USDCAD fell during the last week of 2022, but still closed the year significantly higher than where it had...
Despite the well-documented inverse correlation between crude oil prices and USDCAD, both are down for the week so far.