Wednesday, October 16, 2024
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USDCAD Technical Analysis

Canadian Dollar Hits 8-Week Low Amid Trade Deficit Surge

FxNews—In October, the Canadian dollar fell to its lowest point in nearly two months, trading close to 1.37 against the U.S. dollar. Canada's trade deficit...

USDCAD Technical Analysis – The 1.349 Critical Barrier

FxNews—The USD/CAD currency pair trades bearish, testing the 100-period simple moving average at approximately 1.353 as of this writing. The 4-hour chart below demonstrates...
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