The USD/CAD pair fell during the session on Monday as the fall in this pair continued. However, the parity level is just below and we feel that it will more than likely offer some kind of support.
The USD/CAD pair fell during the Friday session as speculation that central banks will be flooding the markets with liquidity drove up demand for commodities on the whole. This of course favors oil, which of course favors...
USDCAD’s downward movement from 1.0445 extends to as low as 1.0030. Further decline could be expected next week, and next target would be at 0.9900 area. Key resistance is now at 1.0230, only break above this level...
The US dollar gained slightly versus the Canadian dollar in yesterday’s American trading session as applications for jobless benefits dropped by 35,000 in the week ending July 21 to 353,000, data from the Labor Department showed.
The USD/CAD pair had a pretty wild session on Thursday as the pair sold off drastically. The “risk on” attitude of the markets sold the Dollar off against almost every currency. The Canadian dollar of course was...
The USD/CAD pair fell significantly during the Wednesday session as oil prices got a bit of a boost at the $88 level. We find this pair sitting right at the 1.0150 level, which was an area of...
USD/CAD had another schizophrenic day during the Tuesday session as we have bounced aggressively sense the end of last week. The 1.0250 level is in sight now, and this was our trigger price to go along of...
The USD/CAD pair rose sharply during the Monday session as the global risk appetite waned. However, by the end of the day the pair had pullback on much of its gains, and had formed something along the...
After consolidation, USDCAD continues its downward movement from 1.0445, and the fall extends to as low as 1.0065. Further decline would likely be seen over the next several days, and next target would be at 1.0000 area....
The USD/ CAD pair rose during the session on Friday, to retest the previous support area for resistance. So far, it has held. This is certainly a reaction to the “risk off” attitude of the markets, and...
