CADUSD=X - CAD/USD
| Previous Close | 0.801 |
| Open | 0.801 |
| Bid | 0.792 |
| Day's Range | 0.792 - 0.802 |
| 52 Week Range | 0.7251 - 0.8290 |
| Ask | 0.792 |
FX Empire•17 hours agoUSD/CAD forecast for the week of October 23, 2017, Technical Analysis
The US dollar rallied during the week, slicing through the 1.26 level on Friday against the Canadian dollar. This is a very bullish sign, and should send this market towards the 1.28 level above. If we can clear that level, then I think the next obvious target will be the 1.30 level, which of course … Continue reading USD/CAD forecast for the week of October 23, 2017, Technical Analysis
- FX Empire•18 hours ago
USD/CAD Fundamental Analysis – week of October 23, 2017
The USDCAD pair had a strong week as it closed near its highs on Friday and the way it is going, it looks good for more in the short and medium term. The move up in this pair is a measure of the strength in the dollar and also the fact that the market is … Continue reading USD/CAD Fundamental Analysis – week of October 23, 2017
- FX Empire•yesterday
USD/CAD Daily Fundamental Forecast – October 20, 2017
The pair continues to chop around over the past 24 hours as a range of developments have been supportive of the dollar and also of the CAD and this has led to a kind of stalemate in the pair. We believe that this might be broken during the course of the day today as there … Continue reading USD/CAD Daily Fundamental Forecast – October 20, 2017
- FX Empire•3 days ago
USD/CAD Daily Fundamental Forecast – October 19, 2017
The USDCAD pair has been weakening over the last 24 hours on the back of general weakness in the dollar and also due to the fact that the oil prices have been holding on to the highs of the range during this period. This has been lending some good support to the CAD and this … Continue reading USD/CAD Daily Fundamental Forecast – October 19, 2017
FX Empire•3 days agoTechnical Outlook Of NZD/USD, USD/CAD & USD/CHF: 18.10.2017
NZD/USD Considering the NZDUSD’s inability to surpass 0.7200, coupled with recent strength of the USD, the pair is likely declining towards the 0.7100 horizontal-line; however, its following downside can be capped by the 0.7075 and the 0.7055 support-levels. Given the pair continue being sellers favorite and drops beneath 0.7055, the 61.8% FE level of 0.7025 … Continue reading Technical Outlook Of NZD/USD, USD/CAD & USD/CHF: 18.10.2017
- FX Empire•3 days ago
EURJPY and USDCAD still wait for the breakout (and a trading signal…)
Speculations about John Taylor possibly being the next FED chairman help the USD to gain some strength. It can be especially seen in the Dollar Index, which bounced from the 92.75 support using a double bottom pattern and started forming the right shoulder of the iH&S pattern. There is no buy signal yet but the … Continue reading EURJPY and USDCAD still wait for the breakout (and a trading signal…)
- FX Empire•4 days ago
NAFTA Negotiations Extension Drives Mexican Peso, Canadian Dollar Higher
There were no major U.S. reports on Tuesday, but there were major events that drew the interest of traders. Trade officials said Tuesday they were extending the negotiations towards a new NAFTA trade deal into next year. This was good news for the Mexican Peso and Canadian Dollar which posted solid gains against the U.S. … Continue reading NAFTA Negotiations Extension Drives Mexican Peso, Canadian Dollar Higher
- FX Empire•4 days ago
USDMXN ready to take profits, EURJPY to go lower and USDCAD to break from the sideways trend
Three technical setups on Tuesday: USDMXN – We can see first signs of the exhaustion here. After breaking the upper line of the triangle, the price surged higher. Now we are approaching the 38,2% Fibonacci where we can get a taking profit action form the buyers. That resistance is additionally strengthened by the highs from March, … Continue reading USDMXN ready to take profits, EURJPY to go lower and USDCAD to break from the sideways trend
- FX Empire•4 days ago
USD/CAD Daily Fundamental Forecast – October 17, 2017
The US dollar gained in strength during the course of trading yesterday and this has helped to push the USDCAD pair through 1.25 and it is now looking towards the highs of its range once again. There has been nothing fundamentally changed as far as the CAD is concerned but it is the dollar that … Continue reading USD/CAD Daily Fundamental Forecast – October 17, 2017
FX Empire•5 days agoUSD/CAD Price Forecast October 17, 2017, Technical Analysis
The US dollar initially went sideways against the Canadian dollar on Monday, but then shot through the 1.25 handle. Ultimately, the markets did show a lot of volatility later in the day, but what I find interesting about this move is that a lot of it was against the flow of the oil markets. Oil … Continue reading USD/CAD Price Forecast October 17, 2017, Technical Analysis
- FX Empire•6 days ago
Is the US Dollar Set to Rally?
Over the past few months, the US Dollar (USD) has been exhibiting a change in character from its previous tone throughout the first half of 2017. In particular, the bearish downtrend that was in place through September 2017 may be at a turning point based upon recent price action coupled with underlying technical strength. Near-term … Continue reading Is the US Dollar Set to Rally?
- FX Empire•7 days ago
USD/CAD Fundamental Analysis – week of October 16, 2017
The USDCAD ended lower for the week as the trading was mainly choppy during the course of the week. There was a general expectation in the market that there would be some support for the dollar from the Fed and that this would help the USDCAD pair to break through the 1.2550 region in a … Continue reading USD/CAD Fundamental Analysis – week of October 16, 2017
FX Empire•8 days agoUSD/CAD forecast for the week of October 16, 2017, Technical Analysis
The US dollar fell during the bulk of the week, finding support at the 1.25 handle. By doing so, the market has formed a hammer, and it looks as if the US dollar is trying to gain against the Canadian dollar. If the oil markets roll over, that should exacerbate the move, and we should … Continue reading USD/CAD forecast for the week of October 16, 2017, Technical Analysis
- FX Empire•8 days ago
USD/CAD Daily Fundamental Forecast – October 13, 2017
The price action has been choppy on the USDCAD pair over the last 24 hours. We can see that the pair is trying to move up but the dollar has been unable to generate any kind of momentum during this period and that is why we are seeing such choppy action. The oil prices have … Continue reading USD/CAD Daily Fundamental Forecast – October 13, 2017
FX Empire•8 days agoTechnical Checks For USD/CAD, AUD/CAD & NZD/CAD: 13.10.2017
USD/CAD With the break of month-old ascending trend-channel joining hands with immediate downward slanting TL, the USDCAD is more likely to revisit the 1.2415-25 horizontal-region. However, near to oversold level of RSI questions the pair’s following downturn, which if happens could quickly drag it to 1.2360 and the 1.2330 support-marks. Moreover, pair’s additional declines below … Continue reading Technical Checks For USD/CAD, AUD/CAD & NZD/CAD: 13.10.2017
- FX Empire•10 days ago
USD/CAD Daily Fundamental Forecast – October 12, 2017
The USDCAD pair seems to have finally reversed course after threatening to move higher through towards the 1.28 region over the last couple of weeks. The reverse in this pair has not gathered momentum and we are rather seeing a slow and steady drop in the pair which is likely to continue in the short … Continue reading USD/CAD Daily Fundamental Forecast – October 12, 2017
- FX Empire•12 days ago
USD/CAD Daily Fundamental Forecast – October 10, 2017
The USDCAD pair has been moving lower in line with the general weakness in the dollar that we have been seeing all across the markets over the last 24 hours. This is expected to continue in the short term which would mean that the 1.25 region is likely to come under attack anytime soon. The … Continue reading USD/CAD Daily Fundamental Forecast – October 10, 2017
- FX Empire•13 days ago
Morning Market Updates – USD/CAD
A temporary top is formed at 1.2585 in USD/CAD and the intraday bias has turned neutral first. With the 1.2585 resistance intact, further decline is expected. A decisive break of 1.2538 will target at 1.2462 next. However, a break of 1.2585 will dampen our bearish view and turn bias back to the upside for 1.2599 … Continue reading Morning Market Updates – USD/CAD
- FX Empire•13 days ago
USD/CAD Daily Fundamental Forecast – October 9, 2017
The USDCAD pair corrected lower on Friday on the back of weak US data and strong data from Canada and has since been consolidating as of this morning. We had mentioned in our forecast that though there had been a breakout in the pair on Thursday which pushed it towards the 1.26 region, we had … Continue reading USD/CAD Daily Fundamental Forecast – October 9, 2017
- FX Empire•14 days ago
USD/CAD Fundamental Analysis – week of October 9, 2017
The USDCAD pair had a bit of a choppy week as the pair traded on either side of 1.35 without giving out any signs on which way it wanted to go. There was a good battle between the bulls and the bears through the day and this was something that was expected as we had … Continue reading USD/CAD Fundamental Analysis – week of October 9, 2017
FX Empire•15 days agoUSD/CAD forecast for the week of October 9, 2017, Technical Analysis
The USD/CAD pair rallied during the week, breaking above the 1.25 level and even reached as high as the 1.26 level. This is an area of conflict from what I can see, but given enough time I anticipate that the market is probably going to go looking towards the 1.2750 level. We had recently seen … Continue reading USD/CAD forecast for the week of October 9, 2017, Technical Analysis
- FX Empire•15 days ago
USD/CAD Daily Fundamental Forecast – October 6, 2017
The USDCAD pair finally managed to break higher through the 1.25 region during the course of trading yesterday after chopping around this region over the last few days. It remains to be seen whether the bulls would be able to hold the pair above this region for today as well and if they do manage … Continue reading USD/CAD Daily Fundamental Forecast – October 6, 2017
FX Empire•17 days agoUSD/CAD Remains In Downtrend From 1.3793
USDCAD recently broke above the resistance trend line of the price channel on the daily chart, suggesting that lengthier consolidation for the downtrend from 1.3793 is needed. Range trading between 1.2061 and 1.2778 would likely be seen over the next several weeks. On the 4-hour chart, the USDCAD pair extended its upside movement in a … Continue reading USD/CAD Remains In Downtrend From 1.3793
- FX Empire•17 days ago
USD/CAD Daily Fundamental Forecast – October 5, 2017
The USDCAD pair corrected below 1.25 and continues to trade below that as of this writing. The pair did take a brief look over this region yesterday but with the lack of any momentum, it was natural for the pair to lose steam on the way up and it fell down during the course of … Continue reading USD/CAD Daily Fundamental Forecast – October 5, 2017
- FX Empire•19 days ago
USD/CAD Daily Fundamental Forecast – October 2, 2017
The USDCAD pair has been trading in a choppy manner on either side of 1.25 over the last couple of days. This is to be expected considering the fact that the pair is near a strong resistance region and a clean break through this region could open up the possibility of this pair moving up … Continue reading USD/CAD Daily Fundamental Forecast – October 2, 2017
