USDCAD Forex Analysis - Weekly Uptrend Continuation Pattern Forming?
Join Senior Market Strategist & Trading Mentor Duncan Cooper as he watches price levels on the USDCAD weekly and daily charts.
ACY Securities
|
754 dagar sedan
Join Senior Market Strategist & Trading Mentor Duncan Cooper as he watches price levels on the USDCAD weekly and daily charts.
Price has pulled back to the 1.3475-41 daily support area.
Watching for the first higher bottom to form on the daily chart to confirm the next long term advance.
This content may have been written by a third party. ACY makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or other information supplied by any third-party. This content is information only, and does not constitute financial, investment or other advice on which you can rely.
read more
Weekly Technical Outlook – EUR/USD, GBP/USD, USD/CAD
EUR/USD fights for new higher highs ahead of ECB rate decision. USD/CAD looks fragile as the BoC could face tough debate over rate cuts. GBP/USD extends swift rally, eyes April’s peak as the focus turns to jobs and CPI numbers.
XM Group
|
21 dagar sedan
Market's react to escalating trade tensions. Market Update: April 11, 2025
Financial markets are reacting to escalating US-China trade tensions, with gold and silver performing well as safe-haven assets. The US Dollar appears to be under pressure, reflected in the Dollar Index at around 100.40, following softer-than-expected US inflation data that has increased speculation of Federal Reserve rate cuts
Moneta Markets
|
24 dagar sedan
Cooling U.S. inflation data looms large - Market Update April 10 2025
Global markets are adjusting to a volatile landscape as U.S.-China trade tensions escalate, despite a 90-day tariff delay on most nations announced by President Donald Trump. Cooling U.S. inflation data looms large, with the March CPI report set to influence Fed rate expectations and the USD’s trajectory.
Moneta Markets
|
26 dagar sedan
Markets are grappling with heightened volatility as the U.S.-China trade war escalates
Global markets are grappling with heightened volatility as the U.S.-China trade war escalates, driven by President Donald Trump’s tariffs and China’s retaliatory measures. Commodity currencies, oil, and equities are under pressure, while safe-haven assets like gold and the Japanese Yen show mixed responses amid recession fears and geopolitical risks.
Moneta Markets
|
28 dagar sedan
USDCAD indecisive within neutral zone
USDCAD maintains sideways movement above 1.4270 support. Trend signals deteriorate; a break above 1.4635 could provide relief.
XM Group
|
38 dagar sedan
Market Update: March 12, 2025
Financial markets are poised at a critical juncture with key currency pairs reacting to shifting dynamics and the looming US CPI report. Here’s a detailed look at today’s key market developments:
Moneta Markets
|
54 dagar sedan
USDJPY, USDCAD, GBPUSD
US CPI may give hints for Fed's next meeting; USDJPY plunges; BoC expected to cut rates by 25 bps; USDCAD is neutral; Will UK GDP affect pound?; GBPUSD eases from 4-month high
XM Group
|
56 dagar sedan
USD/CAD bounces up, but can it keep the momentum?
USD/CAD recoups drop below EMAs as March tariffs become reality. Technical indicators suggest quick rebound is fragile; focus on 1.4470.
XM Group
|
66 dagar sedan
