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Canadian Dollar Update December 14, 2018

USD/CAD Open: 1.3383-1.3384      Overnight Range:     1.3346-1.3401 The Canadian dollar was rangebound in overnight currency exchange markets.  Oil is at $52.29 and gold is at $1,237.  US markets are lower. There are no releases scheduled for today’s session. The short-term USD/CAD technicals are neutral-bearish.  For today, USD resistance is at 1.3410.  Support is at 1.3365. […]

By KBFX | December 14, 2018 | Daily Update | 0 comments Read more >

Canadian Dollar Update December 13, 2018

USD/CAD Open: 1.3373-1.3374      Overnight Range:     1.3342-1.3384 The Canadian dollar was rangebound in overnight currency exchange markets.  Oil is at $50.67 and gold is at $1,247.  US markets are higher. There are no releases scheduled for today’s session. The short-term USD/CAD technicals are neutral-bearish.  For today, USD resistance is at 1.3406.  Support is at 1.3340. […]

By KBFX | December 13, 2018 | Daily Update | 0 comments Read more >

Canadian Dollar Monthly Outlook December 2018

Economic Outlook and Summary The month of November featured the Canadian Dollar and Economy dropping to yearly lows with a bearish outlook for the near term. A major factor was the significant drop in crude oil prices since the previous month hitting lows at around January 2016 levels. There have been hints at a slightly […]

By KBFX | December 11, 2018 | Monthly Outlook | 0 comments Read more >

Canadian Dollar Update December 11, 2018

USD/CAD Open: 1.3384-1.3385      Overnight Range:     1.3378-1.3422 The Canadian dollar was rangebound in overnight currency exchange markets.  Oil is at $51.81 and gold is at $1,252.  US markets are higher. There are no releases scheduled for today’s session. The short-term USD/CAD technicals are neutral-bearish.  For today, USD resistance is at 1.3411.  Support is at 1.3366. […]

By KBFX | | Daily Update | 0 comments Read more >

Canadian Dollar Update December 10, 2018

USD/CAD Open: 1.3346-1.3347      Overnight Range:     1.3292-1.3362 The Canadian dollar was rangebound in overnight currency exchange markets.  Oil is at $51.33 and gold is at $1,249.  US markets are mixed. There are no releases scheduled for today’s session. The short-term USD/CAD technicals are neutral-bearish.  For today, USD resistance is at 1.3376.  Support is at 1.3292. […]

By KBFX | December 10, 2018 | Daily Update | 0 comments Read more >
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