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February 2, 2023

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Tag: USDCAD

USD/CAD drops under 1.2930 amid a weaker dollar
Forex News / Stock News

USD/CAD steadily climbs to daily high, up a little around 1.2775 amid modest USD strength

August 12, 2022September 1, 2022 - by admin - Leave a Comment

USD/CAD attracts some dip-buying on Friday amid a modest pickup in the USD demand. The prospects for additional Fed rate hikes, elevated US bond yields benefit the greenback. The recent …

USD/CAD steadily climbs to daily high, up a little around 1.2775 amid modest USD strength Read More
USD/CAD steadies above 1.3020 ahead of BOC interest rate policy and US Inflation
Forex News / Stock News

USD/CAD Price Analysis: Bears attack six-week-old support line near 1.2750

August 12, 2022September 1, 2022 - by admin - Leave a Comment

USD/CAD takes offers to refresh intraday low, prints three-day downtrend at two-month bottom. Oversold RSI conditions, short-term key support line challenge bears. Recovery remains elusive until staying below 61.8% Fibonacci …

USD/CAD Price Analysis: Bears attack six-week-old support line near 1.2750 Read More
USD/CAD should be north of 1.32, dips will be short-lived – TDS
Forex News / Stock News

USD/CAD steadies around mid-1.2700s amid softer oil, DXY rebound ahead of US data

August 12, 2022September 1, 2022 - by admin - Leave a Comment

USD/CAD treads water around the lowest levels in two months. Global markets jitter as Fed policymakers resist cheering easy inflation figures. OPEC, IEA oil demand forecasts join cautious mood to …

USD/CAD steadies around mid-1.2700s amid softer oil, DXY rebound ahead of US data Read More
USD/CAD stumbles from weekly highs, set to finish the week below 1.3050
Forex News / Stock News

USD/CAD Price Analysis: Bulls seeking a break of 1.2790/00

August 11, 2022September 1, 2022 - by admin - Leave a Comment

USD/CAD bulls are lurking and the US dollar is firmer. Bulls need to commit to a break of 1.2780 and then 1.2790/00. As per the prior analysis, USD/CAD Price Analysis: Bulls …

USD/CAD Price Analysis: Bulls seeking a break of 1.2790/00 Read More
USD/CAD bulls move in as the Fed looms
Forex News / Stock News

USD/CAD battles the 200-DMA after US PPI decelerates

August 11, 2022September 1, 2022 - by admin - Leave a Comment

USD/CAD extended its losses for the second straight day as sellers eye a break of the 200-DMA. July’s US inflation reports show signs of peaking, with CPI at 9% YoY …

USD/CAD battles the 200-DMA after US PPI decelerates Read More
USD/CAD Price Analysis: Bears attack 50-DMA around mid-1.2800s
Forex News / Stock News

USD/CAD struggles near two-month low, seems vulnerable below 100-day SMA

August 11, 2022September 1, 2022 - by admin - Leave a Comment

USD/CAD remains on the defensive near a two-month low touched on Wednesday. Hopes for a less aggressive Fed, the risk-on mood continues to weigh on the buck. An uptick in …

USD/CAD struggles near two-month low, seems vulnerable below 100-day SMA Read More
USD/CAD Price Analysis: Bears attack 50-DMA around mid-1.2800s
Forex News

USD/CAD Price Analysis: Corrective pullback seeks validation from 1.2800

August 11, 2022September 1, 2022 - by admin - Leave a Comment

USD/CAD prints mild gains as it consolidates the biggest daily fall in two-months. Six-week-old support line, 200-DMA challenged bears but 100-DMA guards recovery moves. Sluggish MACD, RSI (14) fail to …

USD/CAD Price Analysis: Corrective pullback seeks validation from 1.2800 Read More
USD/CAD Price Analysis: Set-up favours bulls, move beyond critical resistance awaited
Forex News

USD/CAD pares US inflation-led losses below 1.2800 despite firmer oil prices

August 11, 2022September 1, 2022 - by admin - Leave a Comment

USD/CAD bounces off two-month low as US dollar licks post-inflation wounds. Headlines surrounding China, Fedspeak favors DXY’s corrective pullback. WTI crude oil grinds higher ahead of OPEC, IEA demand forecasts. …

USD/CAD pares US inflation-led losses below 1.2800 despite firmer oil prices Read More
USD/CAD climbs back closer to mid-1.3000s amid weaker oil prices, broad-based USD strength
Forex News

USD/CAD Price Analysis: Bulls could be about to clean up

August 10, 2022September 1, 2022 - by admin - Leave a Comment

USD/CAD bulls have started to move in for the kill. A phase of accumulation could be playing out in the lower time frames.  USD/CAD has stalled in the sell-off which …

USD/CAD Price Analysis: Bulls could be about to clean up Read More
USD/CAD should be north of 1.32, dips will be short-lived – TDS
Forex News

USD/CAD plunges and refreshes 2-month lows as US inflation cools down

August 10, 2022September 1, 2022 - by admin - Leave a Comment

USD/CAD plummets after hitting a daily high near the 1.2900 mark. July’s US Consumer Price Index (CPI) slows to 0% MoM. Despite US inflation data, ING Analysts expect the Fed …

USD/CAD plunges and refreshes 2-month lows as US inflation cools down Read More

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