Canadian Dollar Forecast and Updates

USD/CAD Open: 1.3445-1.3446      Overnight Range:     1.3413-1.3458 The Canadian dollar was rangebound in overnight currency exchange markets.  Oil is at $66.23 and gold is at $1,273.  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 1.3521.  Support is at 1.3417. […]

USD/CAD Open: 1.3403-1.3404      Overnight Range:     1.3342-1.3413 The Canadian dollar was rangebound in overnight currency exchange markets.  Oil is at $65.66 and gold is at $1,271.  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 1.3428.  Support is at 1.3380. […]

USD/CAD Open: 1.3368-1.3369      Overnight Range:     1.3354-1.3403 The Canadian dollar was rangebound in overnight currency exchange markets.  Oil is at $65.36 and gold is at $1,278.  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 1.3392.  Support is at 1.3341. […]

USD/CAD Open: 1.3381-1.3382      Overnight Range:     1.3333-1.3400 The Canadian dollar was rangebound in overnight currency exchange markets.  Oil is at $63.83 and gold is at $1,276.  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 1.3422.  Support is at 1.3344. […]

USD/CAD Open: 1.3335-1.3336      Overnight Range:     1.3274-1.3373 The Canadian dollar was rangebound in overnight currency exchange markets.  Oil is at $64.09 and gold is at $1,278.  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 1.3378.  Support is at 1.3252. […]

USD/CAD Open: 1.3376-1.3377      Overnight Range:    : 1.3363-1.3403 The Canadian dollar was rangebound in overnight currency exchange markets.  Oil is at $63.50 and gold is at $1,277.  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 1.3396.  Support is at 1.3350. […]

USD/CAD Open: 1.3318-1.3319      Overnight Range:     1.3297-1.3350 The Canadian dollar was rangebound in overnight currency exchange markets.  Oil is at $63.53 and gold is at $1,285.  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 1.3341.  Support is at 1.3265. […]

USD/CAD Open: 1.3327-1.3328      Overnight Range:     1.3312-1.3392 The Canadian dollar was rangebound in overnight currency exchange markets.  Oil is at $64.14 and gold is at $1,295.  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 1.3362.  Support is at 1.3292. […]

USD/CAD Open: 1.3383-1.3384      Overnight Range:     1.3308-1.3396 The Canadian dollar was rangebound in overnight currency exchange markets.  Oil is at $64.05 and gold is at $1,302.  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 1.3445.  Support is at 1.3323. […]

Economic Outlook and Summary The Federal Reserve announced that it would not raise interest rates for 2019 and it does not look like they plan for any rate hikes until next year. An inverted yield curve in the U.S. is alarming the Fed and investors all over as it shows signs of an oncoming recessionary […]