CADUSD=X - CAD/USD
| Previous Close | 0.784 |
| Open | 0.784 |
| Bid | 0.784 |
| Day's Range | 0.783 - 0.785 |
| 52 Week Range | 0.7251 - 0.8290 |
| Ask | 0.784 |
- FX Empire•yesterday
USD/CAD Fundamental Analysis – week of April 23, 2018
The pair has been able to recover from its lows
- FX Empire•2 days ago
US dollar rallies against Canadian dollar during the week
The US dollar fell as low as the 1.25 region during the week but bounced enough to show signs of life. On Friday, we guide a very negative outcome when it comes to the CPI numbers coming out of Canada, so this only exacerbated the upward momentum.
- FX Empire•2 days ago
US dollar pulls back initially against the Canadian dollar, only to turn around and rocket higher
The US dollar has initially pulled back during the trading session on Friday, reaching down towards the 1.2625 level, but finding enough bullish pressure turn around and go much higher, reaching towards the vital 1.2750 level.
- FX Empire•3 days ago
USD Consolidates As Trading Session Comes to Close For The Week
The pair has moved higher on the back of the decision of the BOC to hold rates
- FX Empire•3 days ago
US dollar pulls back against Canadian dollar on Thursday
The US dollar pulls back a bit during the Thursday session initially, but also turns around find a bit of support at the 1.26 region. I think at this point it comes down to oil, and what it does next. The oil markets have been very bullish, so that would perhaps pray tell a move lower in this pair, but it looks like were trying to see some type of fight.
- FX Empire•4 days ago
USDCAD Recovers as the BOC Holds Rates Steady
The pair moved higher as the BOC decided to hold rates
- FX Empire•4 days ago
US dollar struggles against Canadian dollar on Wednesday
The US dollar initially tried to rally against the Canadian dollar during the session on Wednesday but found the 1.26 level to be a bit too resistive.
- FX Empire•5 days ago
USDCAD Awaits the BOC Later Today
The pair has moved higher as the focus shifts to the BOC later today
- FX Empire•5 days ago
US dollar choppy against the Canadian dollar during quiet Tuesday session
The US dollar went sideways against the Canadian dollar during trading on Tuesday, as it looks for clarity. I still think that we have more selling pressure than buying pressure, but we may need to build up some type of momentum.
Reuters•5 days agoLoonie mocks efficient-market theory as April win streak lengthens
By Fergal Smith TORONTO (Reuters) - The Canadian dollar is on course to strengthen in April for the eighth time in the last 10 years, a sequence strategists link to seasonal vitality in stocks and energy products, rewarding investors who trade on market patterns. The potential to predict repetitive returns appears to contradict the well-known hypothesis of financial market efficiency. "It is playing out really well again this year," said Amo Sahota, director at Klarity FX in San Francisco.
- FX Empire•6 days ago
Three Great Bearish Setups. USDCAD, USDCHF and NZDJPY
This week should be important for the CAD. We do have an interest rate decision, statement, the CPI, and the Retail Sales data. Ahead of those events, CAD is very strong. USDCAD is going down for the past few weeks and it looks like this movement will continue. Currently, the price is creating the rectangle pattern, which promotes a breakout of its lower line and a further drop.
- FX Empire•6 days ago
RBA Minutes and China GDP Slam the Aussie Dollar, while Trump Bashes the USD
A dovish RBA and weak economic data out of China weighed through the Asian session, with the day ahead a busy one on the economic calendar, bringing the Pound, the EUR and the Dollar into focus.
- FX Empire•6 days ago
US dollar quiet against Canadian dollar to begin the week
During the Monday session, the US dollar did very little against the Canadian dollar, as we continue to go sideways in general. The last couple of sessions have all been reasonably quiet and range bound, and I think that is the market trying to decide whether the 1.26 level will offer enough interest for the market to bounce.
- FX Empire•7 days ago
USDCAD Continues to Trade Near Range Lows
The pair is likely to turn volatile during the second half of the week
- FX Empire•7 days ago
USD/CAD Fundamental Analysis – week of April 16, 2018
The pair broke lower on sustained CAD strength
- FX Empire•9 days ago
US dollar struggles against Canadian dollar during the week
The US dollar tried to rally initially against the Canadian dollar during the week but found the area above the 1.2750 level to be far too resistive to continue going higher. We broke down a bit, and it now looks as if we are going to test the 1.25 level, and perhaps an uptrend line that sits just below.
- FX Empire•9 days ago
US dollar continues to try to build a base against the Loonie
The US dollar dipped initially during trading on Friday but found enough support near the 1.2550 level to bounce and cause a bit of a supportive looking base against the Loonie. However, there are a lot of things to worry about going forward.
- FX Empire•10 days ago
USDCAD Continues at Its Lows
The pair continues to be under pressure due to the CAD strength
- FX Empire•10 days ago
US dollar continues to chop around the 1.26 level against CAD
The US dollar continues to chop around the 1.26 level during trading on Thursday, as the market is trying to figure out which way to go next. By showing this volatility in this area, I think we are trying to “catch our collective breath” after the drop.
- FX Empire•11 days ago
USDCAD Under Pressure Due to Higher Oil Prices
The pair has been under pressure due to the increase in CAD strength
- FX Empire•11 days ago
US dollar falls against Canadian dollar during Wednesday session
The US dollar fell against the Canadian dollar again during Wednesday trading, breaking down through another minor support level in the form of the 1.26 level. It now looks as if we are destined to continue to go lower, especially if the oil can continue to rally due to the “risk on” attitude traders suddenly have.
- FX Empire•11 days ago
Geopolitical Risk Takes Over Trade Jitters to Direct the Markets
Even a hawkish set of FOMC meeting minutes and a jump in baseline inflation failed to spur the Dollar into action, with geopolitical tension on the rise as Trump looks set to launch missiles on Syria.
- FX Empire•12 days ago
US dollar breaks down against Canadian dollar on Tuesday
The US dollar has broken down significantly during trading on Tuesday, as the markets have entered a “risk on” move. I think that at this point it’s likely that we will continue to see a lot of bearish pressure, and it certainly has changed the attitude of traders of the last couple of days.
- FX Empire•13 days ago
Technical Overview of EUR/USD, GBP/USD, USD/JPY & USD/CAD: 10.04.2018
Even after bouncing off the 1.2220-10 horizontal-region, the EURUSD’s upside seems being challenged by the 50-day SMA & support-turned-resistance line around 1.2325-35 area, which if broken could further escalate the pair’s recovery towards 1.2380 and then to the 1.2440-50 zone. If at all buyers manage to surpass the 1.2450 on a daily closing basis, the 1.2510 and the 1.2555 can act as intermediate halts ahead of fueling prices to 61.8% FE level of 1.2675. On the contrary, the 1.2280 might offer immediate support to the pair ahead of highlighting the 1. ...
