Tag: USDCAD

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....

In their fourth attempt to breach the resistance area just under 1.4000, USDCAD bulls failed again for the fourth time in nearly two years....

USDCAD 's first real attempt at breaching 1.4000 since October, 2022, was unsuccessful during Monday's mini-panic. Could the next one finally do it? Read...

USDCAD added a third consecutive week in the green to its tally even after the Fed signaled willingness to start cutting rates in September....

USDCAD is rising for the third straight week, but a bullish breakout above the 1.39-1.40 resistance area remains elusive. Can the bulls finally do...

USDCAD rose for the second straight week to reach a new 2024 high after the Bank of Canada lowered its policy rate by another...

USDCAD 's recovery has now taken the forex pair to the 1.38-1.40 resistance area, which has been a tough nut to crack for nearly...

In just one week, USDCAD bulls managed to recoup almost all the losses they'd suffered during the previous four. Can they finally breach the...

USDCAD is rising after five consecutive weeks of losses. In our latest Elliott Wave update we identify the key level the bulls need to...

USDCAD briefly dipped below 1.3600 last week, but the bulls fought back to finish the trading session above it on Friday. Can the recovery...

USDCAD has barely moved this week as forex traders await the next batch of jobs and inflation data to come out on Thursday.

USDCAD barely help above 1.3600 last week after weak employment data for June raised the odds of a Fed rate cut sooner rather than...

USDCAD has already given up most of its early gains this week after the resistance near 1.3800 proved tough to break once again. Should...

USDCAD was plunging early last week, but the bulls managed to limit the damage helped by the strong support near 1.3600. Can the recovery...

In our latest Elliott Wave update of USDCAD we discuss the meaning of the bounce from the support near 1.3600 and how to trade...

USDCAD fell for the second straight week as the resistance area near 1.3800 is once again proving to be a tough nut to crack....

USDCAD is slowly sliding even after the Canadian central bank already started cutting rates, while the Fed remains rather hawkish. Can we expect more...

USDCAD gave up some its recent gains last week, but still managed to close near the upper boundary of its trading range. Can the...

USDCAD is down a bit this week as forex traders brace for a busy Wednesday to deliver both inflation data and a FOMC rate...

Friday's strong NFP report strengthened the case for higher for longer US interest rates and helped USDCAD gain over 1% last week. Should forex...

USDCAD keeps alternating between a week in the green and one in the red without making a breakout in either direction. One is just...

USDCAD initially fell, then surged, then fell again last week. Elliott Wave analysis helped us to predict all three moves in both directions. What...

USDCAD recovered from this week's initial drop and is now trading back where it was at its beginning. Can the rally continue? Read in...

USDCAD bulls must be happy with what they achieved last week, although Friday's sharp selloff must've left a bad taste in their mouths. Can...

In today's Elliott Wave update of USDCAD we examine the pair's hourly chart and identify the key level both bulls and bears must keep...