The USD/CAD has been range bound for some time, and the Thursday session looks as if the market is trying to refuse the concept of going back into the box. The parity level has been very resistive...
The USD/CAD pair shot straight through the parity level for most of the session on Wednesday as the fear trade came back into play. The level has held in a sense though, as the daily candle produced...
The USD/CAD shot through the parity level on Tuesday as the flight to the Dollar continues around the world. The oil markets will be very influential at this point in time, and the Light Sweet Crude markets...
The USD/CAD pair fell fairly hard on the session for Monday, even as oil dropped. The market had originally gapped slightly and rose, but the overall attitude came back into play as the pair approached the parity...
The USD/CAD pair had a very bullish session on Friday as the oil markets fell hard. The Canadian dollar almost always travels with the oil markets over time, so many traders would have jumped out of their...
USDCAD has formed a cycle bottom at 0.9799 on daily chart. Further rally to test 1.0051 key resistance would likely be seen next week, a break above this level will indicate that the downtrend from 1.0523 has...
The USD/CAD pair rose after first dropping during the Thursday session. The pair is currently stuck in a relatively well defined range, and as a result has been the domain of short term traders lately.
The USD/CAD pair fell during the session on Tuesday as the oil markets broke out above the $105 resistance level. The pair continues to be bearish overall, and as a result this market is only sold by...
The USD/CAD pair shot straight up on Monday as traders reacted to the poor GDP numbers out of Ottawa. The Canadians reported a GDP of -0.2% m/m, while the market was expecting a reading of 0.2%.
The USD/CAD pair fell again on Friday as the Dollar negative sentiment continues. The reaction is to words by Federal Reserve Chairman Ben Bernanke, in which he expressed the Federal Reserve’s willingness to prop the economy up...
