USDCAD Technical Analysis
USDCAD Rebounds to Test 1.405 Critical Resistance
FxNews—The USD/CAD pair bounced from 1.398, testing the 50% Fibonacci retracement level at approximately 1.405. The recent gain in the currency pair was anticipated...
USDCAD Eyes Further Losses Below 1.402 Support
FxNews—The USD/CAD pair dipped from 1.417 in conjunction with the upper line of the bullish flag. As of this writing, the currency pair trades...
USDCAD Bullish as TSX Reaches New Highs
FxNews—The S&P/TSX Composite Index rose by 0.3% on Monday, surpassing the 25,400 mark to set a new high. This...
USDCAD Drops from 2020 High on Oversold Signals
The Canadian dollar is weakening, approaching 1.4 against the U.S. dollar—the lowest level since May 2020. This decline is...
USDCAD Nears May 2020 High Amid Slumping Oil Prices
The Canadian dollar has dropped toward 1.4 per U.S. dollar, marking its lowest point since May 2020. This decline...
USDCAD Bull Run Continues Despite Rising TSX Values
FxNews—The USD/CAD currency pair resumed its bullish trend after the prices exceeded the 1.395 (August 5 high) critical resistance,...
USDCAD Exceeds 1.39 as US Tariffs Threaten Canadian Exports
The Canadian dollar has dropped to 1.39 against the U.S. dollar, nearing the two-year low of 1.4 reached on...
USDCAD Set to Climb If Bulls Break Key 1.395 Barrier
FxNews—The U.S. dollar trades in an uptrend against the Loonie at approximately 1.391, above the median line of the...