Tag: USDCAD

USDCAD dipped below 1.3600 last week in a drop Elliott Wave analysis put us ahead of. Can we expect more weakness going forward? Read...

USDCAD is down again this week as traders seem to expect a favorable inflation reading later today to improve the Fed's rate cut odds....

USDCAD initially rose last week, but the bulls lost the initiative and the pair closed the session 12 pips in the red on Friday....

USDCAD is rising this week in a recovery, which Elliott Wave analysis helped us to predict over the weekend. Is it too late to...

USDCAD traded in a wide range of 175 pips last week, but neither the bulls nor the bears achieved much in the end as...

USDCAD is up sharply this week as traders brace for a hawkish Fed later today amid sluggish GDP growth in Canada. In today's Elliott...

USDCAD dipped last week even as stubbornly high inflation is expected to delay any rate cuts by the Fed at least to September. How...

The 1.3850 resistance proved to be too strong for USDCAD bulls to breach again as the pair is down for the second week in...

Despite postponed Fed rate cuts, USDCAD closed in negative territory last week after the pair bumped into the mighty resistance level near 1.3850. Should...

USDCAD is up for the third straight week and is already trading within the strong resistance area between 1.3800 and 1.3900. Can the bulls...

USDCAD soared last week after higher-than-expected March inflation crushed traders' hopes for three rate cuts by the Fed this year. Is it too late...

USDCAD is down this week as traders await today's CPI hoping that it will give a hint of when is the Fed going to...

In today's Elliott Wave analysis of USDCAD we examine if the pair's timid recovery can gather more pace and identify the key level to...

USDCAD bulls are trying to recoup last week's losses. In today's Elliott Wave update we examine their chances of success.

Elliott Wave Update of USDCAD – April 3rd, 2024

EW Pro Forex 03 Apr 24

USDCAD bulls are trying to recoup last week's losses. In today's Elliott Wave update we examine their chances of...

USDCAD lost traction at the end of March and the bulls couldn't make it to three months with gains in a row. Can the...

Falling treasury yields are dragging USDCAD down with them as forex traders no longer expect the Fed to keep raising interest rates. Is there...

November is shaping up as a bad month for USDCAD bulls, who suffered losses in three of the last four weeks. Can they turn...

Despite the numerous ups and downs, USDCAD is practically unchanged since the beginning of the week, hovering around 1.3720. In today's Elliott Wave update...

USDCAD closed in negative territory last week after inflation data for October made it even less likely for the Fed to raise rates again....

Lower-than-expected October inflation put rate cuts on the horizon for 2024 and dragged USDCAD sharply down yesterday. Is there a support in sight for...

The second week of November was nothing like the first for USDCAD as the forex pair surged by over 140 pips. Can the bulls...

USDCAD is up sharply this week, but is it safe to rejoin the bulls now, or is this just a corrective rally before the...

USDCAD fell sharply last week after the bulls got discouraged by the strength of the resistance near 1.3900 and the weakness in the labor...

USDCAD is more or less unchanged since the start of the week as traders await the Fed's decision on interest rates later today. Is...

USDCAD bulls easily conquered 1.3800 and came close to 1.3900, as well, last week. What are the odds of this surge proceeding into November?...

USDCAD is trading higher for the second straight week, but it has yet to breach the resistance area between 1.3800 and 1.3900. What happens...

USDCAD closed above 1.3700 for the first time since March on the back of rising US treasury yields and hesitant crude oil bulls. How...

USDCAD is down for the second week in a row even though it might still feel as if it is in an uptrend. In...

USDCAD initially fell below the 1.3600 mark last week, but the bulls managed to regroup and earn a weekly close near 1.3660 again. In...

This week is nothing like the past two for USDCAD traders as the pair is down sharply following dovish comments by Fed members. In...