Instrument: USDCAD Technical Analysis Bullish Preference: A buy position is envisaged if price trades above 1.32915 with take profit at 1.32993 Bearish Preference: A sell position is envisaged if price trades below price 1.32722 with take profit at 1.32624 Fundamentals:None with high impact Comment: The Bank of Canada (BoC)focuses more on the core rate. If the reading comes in line with expectations …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.28820 with take profit at 1.28973 Bearish Preference: Sell position is envisaged if price trades below 1.28542 with take profit at 1.28412 Fundamentals:No major fundamental Comment: The USD/CAD pair regains some positive traction on Tuesday and reverses a part of the previous day’s sharp decline. The pair …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.29724 with take profit at 1.29925 Bearish Preference: Sell position is envisaged if price trades below price 1.29353 with take profit at 1.29062 Fundamentals:No Major Fundamental Comment:The USD/CAD pair extended its retracement slide from the YTD peak, around the 1.3075-1.3080 area set on Friday and witnessed some follow-through …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.28611 with take profit at 1.28776 Bearish Preference: Sell position is envisaged if price trades below 1.27876 with take profit at 1.27696 Fundamentals:1:30pm CAD CPI m/m CAD Common CPI y/y CAD Median CPI …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.27668 with take profit at 1.27817 Bearish Preference: Sell position is envisaged if price trades below 1.27122 with take profit at 1.26976 Fundamentals:No major fundamental Comment: USD/CAD remains pressured around a one-week low, despite being defensive around 1.2700 ahead of Thursday’s European session. In doing so, the Loonie pair stays …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.26183 with take profit at 1.26302. Bearish Preference: Sell position is envisaged if price trades below 1.25722 with take profit at 1.25584 Fundamentals:1:30pm CAD Employment ChangeCAD Unemployment Rate Comment: The USD/CAD pair scaled higher for the third successive day on Thursday and built on its solid recovery …
Instrument: USDCAD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.28071 with take profit at 1.28238. Bearish Preference: A Sell position is envisaged if price trades below 1.27600 with take profit at 1.27451. Fundamentals:2:30pm USD Prelim GDP q/qUSD Unemployment Claims Comment: The USD/CAD pair keeps its range around1.2800, as investors wait for the announcement of sanctions from the …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.27050 with take profit at 1.277240. Bearish Preference: Sell position is envisaged if price trades below 1.26863 with take profit at 1.26705. Fundamentals:2:30pm CAD GDP m/m4:00pm USD ISM Manufacturing PMI USD JOLTS Job Openings Comment: USD/CAD is under pressure at the start of …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.25381 with take profit at 1.25557. Bearish Preference: Sell position is envisaged if price trades below 1.25043 with take profit at 1.24914. Fundamentals:2:30 PM CAD – Core retail salesCAD – Retail sales Comment: The USD/CAD pair maintained its bid tone heading into the European session …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.27604 with take profit at 1.27789. Bearish Preference: Sell position is envisaged if price trades below 1.27299 with take profit at 1.27128. Fundamentals:No major fundamental Comment: USD/CAD has soared since late October amid weak oil prices and broad-based U.S. dollar strength, triggered by rising yields on …
