Tag: usd/cad
-
USD/CAD Snaps Back to Key Support
[ad_1] Canadian Dollar, USD/CAD Talking Points: USD/CAD set a fresh September high on Monday and yesterday prices snapped back to a key support zone more than 200 pips away. Prices in USD/CAD are now sitting on the same 1.2631 level that held the lows last Friday. The analysis contained in article relies on price action…
-
Canadian Dollar Jumps On Trudeau Election Win, Risk Appetite Reprieve. Will USD/CAD Go Lower?
[ad_1] Canadian Dollar, USD/CAD, Hang Seng, Evergrande, ASX 200, RBA – Talking Points ASX 200 and risk assets catch a breath as the market eyes FOMC Evergrande casts shadow over Chinese equities ahead of bond payment The Canadian Dollar gains post-election. Can USD/CAD break? The Canadian Dollar appreciated as election results started to point toward…
-
Canadian Dollar Price Forecast: USD/CAD Spikes, Pulls Back
[ad_1] Canadian Dollar, CAD, USD/CAD Talking Points: USD/CAD spiked to start the week, setting a fresh September high at 1.2986. That spike has since pulled back but as looked at in the Analyst Pick around the US Dollar, USD/CAD can remain attractive for bullish USD strategies. The analysis contained in article relies on price action…
-
US Dollar Price Action Setups Pre-CPI: EUR/USD, GBP/USD, USD/CAD
[ad_1] US Dollar, EUR/USD, GBP/USD, USD/CAD, CPI Talking Points: Tomorrow brings the release of August inflation numbers out of the US. The US Dollar came into the week with a resistance test, but prices have softened as the USD has pulled back, pushing the focus to tomorrow’s CPI report. The analysis contained in article relies…
-
Nikkei 225 Up and Yen Down on Japan PM Hopeful Talks Stimulus, USD/CAD Eyes Bank of Canada
[ad_1] Nikkei 225, Japan GDP, USD/JPY, Kosdaq, Bitcoin, BOC, USD/CAD – Talking Points Japanese equities continue higher on hopes for a new pro-stimulus PM Regulation changes sink Kosdaq, Bitcoin attempts ‘legal tender’ status BOC decisionson rates, asset purchases due. Where to for USD/CAD? Nikkei 225 made a new high as it marched toward February’s 30-year…
-
US Dollar Post-NFP, ISM: EUR/USD, GBP/USD, USD/CAD
[ad_1] US Dollar, USD, EUR/USD, GBP/USD, USD/CAD Talking Points: It was a busy morning in the USD, with a very negative NFP report showing +235k v/s the +750k expectation. Next week is quiet on the USD but expect posturing ahead of the September FOMC rate decision. Elsewhere, ECB and BoC rate decisions can keep FX…
-
Canadian Dollar Price Forecast: USD/CAD Sinks to Support
[ad_1] Canadian Dollar Technical Price Outlook: USD/CAD Weekly Trade Levels USD/CAD starts the week with a support test. The pair held a big spot of support last week even as USD was selling-off. Can bulls hold sellers at bay? The analysis contained in article relies on price action and chart formations. To learn more about…
-
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, AUD/USD
[ad_1] US Dollar, EUR/USD, GBP/USD, USD/CAD, AUD/USD Talking Points: The US Dollar is holding a spot of support after pulling back from a fresh 2021 high set last Friday. Tomorrow morning will be busy in the USD: PCE data, the Fed’s preferred inflation gauge, is released at 8:30 AM ET, and FOMC Chair Jerome Powell…
-
Canadian Dollar Price Forecast: USD/CAD Breakout Reverses
[ad_1] Canadian Dollar, USD/CAD Talking Points: USD/CAD put in a big breakout last week on the heels of Canadian inflation data and FOMC meeting minutes from the July rate decision. The breakout ran all the way to 1.2950, after which a reversal began to show in the short-term trend. Now, three trading days and almost…