USDCAD keeps a technical lid on the rebound. Sellers in control.
The USDCAD began the week near its lowest level since mid-December. After an early rebound, the pair moved above the falling 100-hour moving average (blue...
Tag : USDCAD
USD/CAD Outlook: Dollar Slips as Trade War Fears Recede
The USD/CAD outlook shows easing fears of a trade war between the US and China. Trump said he would soon meet China’s president. Market participants...
USD/CAD Forecast Today 21/02: Holds Near 1.42 (Chart)
Created on February 21, 2025 During the early hours of Thursday, the US dollar has dropped against the Canadian dollar, as we continue to bounce...
USDCAD breaks below the 100 hour MA. Can the momentum lower continue?
USDCAD has been oscillating between the 100-hour and 200-hour moving averages since breaking above them during the European session yesterday. The pair found support at...
USD/CAD Forecast Today 20/02: USD Gains Ground (Chart)
Created on February 20, 2025 The US dollar has rallied a bit during the early hours on Wednesday, as we are hanging around the 1.42...
USDCAD ping pongs between hourly MAs. Buyers and sellers battle.
USDCAD technicals USDCAD fell earlier in the session, testing the 100-hour moving average (1.4195), a key short-term pivot. As noted earlier, holding above this level...
USD/CAD Forecast Today 19/02: Trade Uncertainty (Chart)
Created on February 19, 2025 The US dollar has initially tried to rally against the Canadian dollar during the trading session on Tuesday as traders...
USDCAD buyers trying to make a play to the upside in the short term.Watch the 100 hour MA.
The USDCAD rally stalled yesterday at the 100-hour moving average (MA), reinforcing its significance as a key technical resistance level. Over the past four trading...
USD/CAD Price Analysis: Hotter Inflation Dims BoC Cut Bets
The USD/CAD price analysis shows hotter-than-expected underlying inflation in Canada. Markets are pricing a 63% chance of a BoC pause in March. The US dollar...
USDCAD finds sellers against the falling 100 hour MA keeping the sellers in control
The USDCAD broke lower last week, falling below the key support zone (1.4260 – 1.4466), signaling a shift in control to sellers. Earlier in the...