Advertisement
USDCAD
会员从Oct 02, 2014开始
905帖子
Jan 07, 2017 at 14:59
Bullish on the Greenback.
Positivity
会员从Nov 29, 2016开始
6帖子
Jan 09, 2017 at 07:55
The Canadian dollar pulled off an impressive performance on Wednesday trading after it made huge advances against the US dollar and its European rivals as OPEC’s production cut lifted commodity-linked currencies.
The Organization of Petroleum exporting Countries and other non-OPEC members including Russia began cutting their oil production last January 1, 2017 which immediately resulted to a surge on oil prices and oil-related currencies including the Canadian dollar.
On Wednesday, the international benchmark, Brent futures, settled up 1.8%, adding $1.02 dollars at %56.49 per barrel while the West Texas Intermediate added 93 cents at $53.26 per barrel.
The Canadian dollar cheered on this oil rally, helping the Lonnie shrugged off the recent US economic figures that showed an expansion on its manufacturing activity last month, and finished up 0.70 cents, 0.9% higher against its US counterpart at 75.14 cents.
For full articles, read : http://www.funds-money.com/canadian-dollar-post-strong-gains-usd/
The Organization of Petroleum exporting Countries and other non-OPEC members including Russia began cutting their oil production last January 1, 2017 which immediately resulted to a surge on oil prices and oil-related currencies including the Canadian dollar.
On Wednesday, the international benchmark, Brent futures, settled up 1.8%, adding $1.02 dollars at %56.49 per barrel while the West Texas Intermediate added 93 cents at $53.26 per barrel.
The Canadian dollar cheered on this oil rally, helping the Lonnie shrugged off the recent US economic figures that showed an expansion on its manufacturing activity last month, and finished up 0.70 cents, 0.9% higher against its US counterpart at 75.14 cents.
For full articles, read : http://www.funds-money.com/canadian-dollar-post-strong-gains-usd/
会员从Oct 02, 2014开始
905帖子
Jan 13, 2017 at 16:20
Consolidation continues.
Positivity
会员从Mar 25, 2015开始
70帖子
Jan 17, 2017 at 15:40
I would watch for a short term support at 1.3000 and major resistance at 1.3190. The double bottom seems to be a good sign for reversal into a bullish sentiment. The pair is getting outside the oversold area.
会员从Oct 11, 2013开始
769帖子
Jan 19, 2017 at 03:11
As oil retraces back down, the USDCAD goes back up. The pair may try to reach the 1.3300 level, which could act as resistance.
会员从Oct 11, 2013开始
769帖子
Jan 19, 2017 at 20:35
The USDCAD had a good bullish momentum that took the pair above the 1.3300 level, but if the pair drops below the 1.3300 level, then it may visit the 1.3233 zone.
会员从Oct 11, 2013开始
769帖子
Jan 20, 2017 at 20:56
The USDCAD has been very volatily for today with the daily candle showing long shadows in both directions, but there is no clear direction until it breaks the 1.3400 to the upside or the 1.3300 to the downside.
会员从Oct 02, 2014开始
905帖子
Jan 21, 2017 at 10:10
The Canadian Dollar registered a big move to the downside with a renewed optimism in the US currency.
Positivity
