The USD/CAD pair shot straight up for the session on Friday as the Non-Farm Payroll number came out very weak. The mere 69 thousand jobs that America added suggests that the demand for Canadian crude will be...
USDCAD’s upward movement from 0.9799 extends to as high as 1.0441. Further rise is still possible next week, and next target would be at 1.0550 area. Support is at 1.0300, only break below this level could signal...
The USD/CAD pair rose and cleared the 1.03 level on Thursday as the resistance finally gave way. The oil markets continue to look weak, and as a result of this CAD is hurting. This should continue as...
The USD/CAD pair has been ripping higher for a couple of weeks now. This pair is actively tracking the weakness in oil, and the oil markets gave way on Wednesday. Oddly enough, the 1.03 resistance level has...
The USD/CAD pair fell on Tuesday in order to form a bearish engulfing candle for the session. Although this could be a sell signal, we cannot help but notice how far this market had come up to...
The USD/CAD pair had a bearish session on Monday as the thin volume provided an opportunity for the sellers to take the ball for a day. The pair has been extremely bullish lately, and the move impressive.
The USD/CAD pair has been on a massive bull run as of late, and the Friday session will have done little to change that perception. The 1.03 level was breached during the session, and although the market...
USDCAD continues its upward movement from 0.9799, and the rise extends to as high as 1.0311. Further rise could be seen next week, and next target would be at 1.0400 area. Key support is at 1.0200, only...
The USD/CAD pair rose during the session, but ended up almost unchanged by the end of Thursday. The pair is being moved around by the oil markets, and those commodity markets found a little bit of a...
The USD/CAD pair rose for much of the session as the “risk off” attitude continues to plague the markets in general. Adding to the bullish pressure is the fact that the oil markets fell, and this in...
