USDCAD Archives - Page 17 of 20 - Forex News and Forex Forecast

USDCAD moves back above the 100/200 hour MA after breaks lower this week failed (twice)

adminFffFF0or31rJanuary 8, 2025

by adminFffFF0or31rJanuary 8, 2025027

The USD/CAD experienced significant volatility earlier this week, initially moving lower on Monday following the Trump tariff story and its subsequent denial. On Tuesday, the...

Trading Strategies

USD/CAD Price Analysis: US Data Backs a Slow Fed Easing Cycle

adminFffFF0or31rJanuary 8, 2025

by adminFffFF0or31rJanuary 8, 2025020

US job openings unexpectedly rose to 8.10 million in November. The US ISM services PMI increased to 54.1, above forecasts of 53.5. Canada’s Prime Minister...

Market Analysis

USDCAD has a negative bias in the short term. Can the sellers keep control?

adminFffFF0or31rJanuary 7, 2025

by adminFffFF0or31rJanuary 7, 2025021

The USD/CAD has declined in today’s trading, breaking below the lower boundary of the swing area between 1.4334 and 1.4348. For a bullish bias to...

Market Analysis

USDCAD Technical Analysis – We broke out of the range

adminFffFF0or31rJanuary 7, 2025

by adminFffFF0or31rJanuary 7, 2025024

Fundamental Overview The USD continues to remain supported since the last FOMC decision as the market perceived it as more hawkish than expected. After the...

Market Analysis

Lots of up and down volatility in USDCAD as politics in Canada and US dominate

adminFffFF0or31rJanuary 6, 2025

by adminFffFF0or31rJanuary 6, 2025027

The USDCAD has had a volatile trading today as tariff news from Pres.-elect Trump sent the dollar lower and then higher, and word of the...

Forex News

USD/CAD Forecast Today 06/01: Eyes Massive Barrier (Video)

adminFffFF0or31rJanuary 6, 2025

by adminFffFF0or31rJanuary 6, 2025028

Created on January 06, 2025 Another day, another rally in the greenback against the Canadian dollar, but it is worth noting that we are threatening...

Forex News

USD/CAD Outlook: Trudeau’s Likely Resignation Boosts CAD

adminFffFF0or31rJanuary 6, 2025

by adminFffFF0or31rJanuary 6, 2025021

Canada’s Prime Minister Justin Trudeau might resign as early as Monday. The US will release figures showing the state of the labor market this week....

Forex News

USD/CAD Weekly Forecast: Buyers Lead as Fed to Ease Gradually

adminFffFF0or31rJanuary 4, 2025

by adminFffFF0or31rJanuary 4, 2025030

The Fed might cut rates only twice this year. Data this week showed an unexpected drop in US unemployment claims. The loonie fell as markets...

Market Analysis

USDCAD pushes back higher after dip to the 100/200 hour MAs stalls

adminFffFF0or31rJanuary 3, 2025

by adminFffFF0or31rJanuary 3, 2025027

The USDCAD moved lower during the Asia-Pacific session, breaking below the 100-hour and 200-hour moving averages, which are positioned between 1.4389 and 1.4386. The decline...

Forex News

USD/CAD Forecast: Loonie Faces Stormy Skies Ahead

adminFffFF0or31rJanuary 2, 2025

by adminFffFF0or31rJanuary 2, 2025027

The USD/CAD pair rallied in the latter parts of 2024. Trump proposed a 25% tariff on goods imported from Canada. The loonie remains vulnerable after...