Tag: canadian dollar

The inverse relationship between USDCAD and oil prices appears to be broken as both are down so far this week. How does the pair's...

Last week, USDCAD approached the 1.4000 mark for the first time in over two years. Can the bulls breach this key resistance level soon...

Yesterday's drop in crude oil prices helped USDCAD to trade above the 1.3850 mark for the first time since May, 2020. Is the surge...

USDCAD bulls did their best to recover from last week's initial plunge to 1.3503, but the pair still closed in negative territory on Friday....

USDCAD bulls are taking a break after the pair's meteoric rise over the past couple of weeks. In this week's Elliott Wave update we...

USDCAD kept surging last week and closed the month of September on a positive note above the 1.3800 mark. Can the pair retest or...

USDCAD keeps surging as rising US interest rates and falling oil prices put further pressure on the Canadian dollar. How high can the pair...

As if the third consecutive 75bps Fed rate hike wasn't enough, the inverse relationship between crude oil and USDCAD has returned. How high can...

USDCAD is approaching 1.3400 as traders expect another 75 bps rate hike by the Fed later today to further strengthen the greenback. What are...

USDCAD exceeded the 1.3300 mark last week before dropping to close below it on Friday. Can the bulls push through or is this level...

USDCAD is up sharply this week following a worse-than-expected August inflation report, which opens the door for more Fed rate hikes. How high are...

In a rare weak moment for the US dollar across the board, USDCAD fell to close below 1.3020 last week, despite an initial push...

USDCAD is up so far this week and is on the verge of reaching a new two-year high. Can this uptrend be trusted to...

USDCAD gained sharply in the first days of September as the pair's inverse relationship with crude oil pushed it higher. Can the uptrend continue...

The Fed's determination to tame inflation pushed the US dollar even higher against most of its rivals, the Canadian dollar included. How high can...

Despite the weak start and initial drop, USDCAD managed to finish last week strong and close the session in positive territory. Can the rally...

USDCAD is down slightly for the week after bumping into the 1.3050 resistance again. Can the bulls breach it eventually? Read in our latest...

The support near 1.2750 caused another surge last week in a sign USDCAD bulls are not ready to give up yet. How high can...

USDCAD bulls show signs of life again, but can the pair's recent bounce be trusted to ignite a bigger rally? Read in our latest...

After its recent drop USDCAD inspires a better idea now. It comes with a specific price level to keep an eye on. Read about...

USDCAD is down for the week so far. Can today's US inflation report give the bulls hope and where is the price level traders...

The support area near 1.2800 caused a sharp rebound in USDCAD last week. Can the bulls be relied on going forward or is this...

USDCAD is trying to recover, but is still in the doldrums, far below its July high of 1.3224. What do the chart say about...

USDCAD slid again in the last week of July, acknowledging its reverse relationship with crude oil. Is the recent weakness poised to continue or...

USDCAD is down for the second straight week so far, but can we really rely on the bears to keep the pressure on the...

USDCAD dropped in the third week of July, despite the Fed getting ready for a second 75bps rate hike in a row. Is the...

USDCAD is down sharply so far this week as greenback bulls take a breather against most of their rival currencies. Is this just a...

USDCAD finally broke the resistance at 1.3100 last week, but unfortunately for the bulls, closed the session back below it. Is it time for...

Crude oil crashed again yesterday, but USDCAD is hardly changed so far this week. What does this mean for the pair's next move? Can...

In yet another strong session for the US dollar, USDCAD rose to a new 2-year high of 1.3083 last week. Traders are now wondering...