Tag: USDCAD

The USD/CAD pair broke higher during the course of the session on Wednesday, clearing the 1.30 level again. With this, we believe that short-term pullbacks will continue to offer buying opportunities, but we do anticipate that we...

The USD/CAD pair fell during the course of the session on Tuesday, but did find buyers at the end of the day. We believe that this market is simply trying to build up enough momentum to finally...

The USD/CAD pair broke higher during the course of the session on Friday, testing the 1.30 level. This being the case, the market looks as if it is ready to make a significant move, and if we...

USD/CAD pair rose during the session on Thursday. However, we are approaching the 1.30 level, which was where the financial markets stopped after the meltdown years ago. Because of this, there is massive amounts of resistance above,...

After surging past the key resistance around 1.2800 during the BOC rate statement, USDCAD is forming a bullish flag pattern that suggests potential continuation. After all, the BOC decided to cut interest rates from 0.75% to 0.50%...

The USD/CAD pair broke out to the upside during the session on Wednesday as the Bank of Canada cut interest rates by 0.25% again. With this, it appears that the soft oil markets are really serving to...

The USD/CAD pair broke higher during the course of the session initially on Tuesday, testing the 1.28 level. This area has been massively resistive in the past, and as a result it makes sense that we continue...

The USD/CAD pair initially tried to rally during the course of the day on Monday, but as you can see struggled at the 1.28 handle yet again. With this, it looks as if the market is ready...