usdcad analysis

Lucky Trader! Canadian Dollar (USD/CAD) Breaks Through 1.3700 Lev...

Witriyani Thu, 16 Nov 2023

The Canadian Dollar - USD/CAD has recovered after two previous losing sessions and is trading higher, nearing the 1.3700 level during today’s Asian session. The strengthening of the US Dollar (U

USD/CAD Consolidates: Canadian GDP Becomes Key Focus

Witriyani Mon, 25 Sep 2023

The USD/CAD currency pair is currently in a consolidation phase after a recent surge, now trading below the 1.3500 mark in early Monday's Asian session. Weakened U.S. Dollar and falling Treasury yield

USD vs CAD Soars Amid Threat of Low Oil Prices

Witriyani Thu, 24 Aug 2023

USD vs CAD - USD/CAD traders struggle to maintain control after the currency pair's directional shift yesterday, following a move from three-month highs. Nevertheless, the exchange rate remains u

Canadian Dollar Today: Loonie Pair Records Four-Day Decline Aroun...

Witriyani Thu, 20 Jul 2023

The Canadian Dollar today - USD/CAD responds positively to the US Dollar's decline from weekly highs amid weak oil prices in Europe on Thursday morning. The Loonie currency pair has dropped for the fo

The Canadian Dollar Shines Again in the 1.3230-35 Area, FOMC in F...

Witriyani Wed, 05 Jul 2023

Canadian Dollar - USD/CAD On Wednesday's Asia session, this currency pair experienced significant buying action and rose from its previous weekly low around 1.3200. The spot price is currently trading

USD/CAD Climbs Back Above 50-Day SMA Ahead of US CPI

Wachda Mihmii Thu, 10 Nov 2022

USDCAD failed to hold onto its October low (1.3496) as the Canadian Employment report showed the economy added 108.3K jobs last October, and the exchange rate may face further setbacks ahead of the ne

USD/CAD Price Analysis: Bears Approaching 1.3670 Support

Wachda Mihmii Fri, 14 Oct 2022

Usdcad today received offers to refresh the intraday low around 1.3710 during Friday morning in Europe. That means, the US Dollar-Canadian Dollar pair has a bearish move for now. In doing so, t