USDCAD Technical Analysis
USDCAD Stabilizes Above 1.418 Amid Overbought Signals
FxNews—USD/CAD uptrend resumed from 1.410, trading at approximately 1.418 as of this writing. The currency pair is currently trying to stabilize above the November...
USDCAD Bull Market Eased Near November Highs
The USD/CAD pair trades in a robust bull market, above the 75-period simple moving average. The recent surge in the currency pair's price caused...
USDCAD Eying 1.412 After a Minor Consolidation
FxNews—The American dollar trades in a bull market against the Canadian currency, above the 1.398 key support level. As...
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...
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...
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...