Canadian Dollar Forecast and Updates

USD/CAD Open: 1.3315-1.3316      Overnight Range:     1.3284-1.3320 The Canadian dollar was rangebound in overnight currency exchange markets.  Oil is at $64.17 and gold is at $1,308.  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 1.3317.  Support is at 1.3264. […]

USD/CAD Open: 1.3343-1.3344      Overnight Range:     1.3339-1.3396 The Canadian dollar was rangebound in overnight currency exchange markets.  Oil is at $63.67 and gold is at $1,306.  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 1.3334.  Support is at 1.3393. […]

USD/CAD Open: 1.3393-1.3394      Overnight Range:     1.3348-1.3403 The Canadian dollar was rangebound in overnight currency exchange markets.  Oil is at $62.54 and gold is at $1,294.  US markets are higher. Today both Canada and the US released employment data for March. The short-term USD/CAD technicals are neutral-bearish.  For today, USD resistance is at 1.3398.  Support […]

USD/CAD Open: 1.3361-1.3362      Overnight Range:     1.3334-1.3373 The Canadian dollar was rangebound in overnight currency exchange markets.  Oil is at $62.45 and gold is at $1,286.  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 1.3399.  Support is at 1.3318. […]

USD/CAD Open: 1.3330-1.3331      Overnight Range:     1.3295-1.3353 The Canadian dollar was rangebound in overnight currency exchange markets.  Oil is at $62.67 and gold is at $1,293.  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 1.3345.  Support is at 1.3289. […]

USD/CAD Open: 1.3328-1.3329      Overnight Range:     1.3297-1.3337 The Canadian dollar was rangebound in overnight currency exchange markets.  Oil is at $61.89 and gold is at $1,293.  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 1.3367.  Support is at 1.3290. […]

USD/CAD Open: 1.3341-1.3342      Overnight Range:     1.3336-1.3370 The Canadian dollar was rangebound in overnight currency exchange markets.  Oil is at $60.56 and gold is at $1,300.  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 1.3418.  Support is at 1.3314. […]

March 29, 2019 The Canadian dollar has rallied on stronger than expected GDP data out in Canada. This has boosted the loonie as the results were better than expected. The Canadian dollar was sidelined in overnight trading. In fact, almost all of the major G-10 currency pairs drifted quietly in narrow trading bands. The exception […]

USD/CAD Open: 1.3433-1.3434      Overnight Range:     1.3401-1.3439 The Canadian dollar was rangebound in overnight currency exchange markets.  Oil is at $58.46 and gold is at $1,299.  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 1.3461.  Support is at 1.3384. […]

USD/CAD Open: 1.3413-1.3414      Overnight Range:     1.3376-1.3429 The Canadian dollar was rangebound in overnight currency exchange markets.  Oil is at $60.21 and gold is at $1,321.  US markets are higher. Today Canada released trade data for January. The short-term USD/CAD technicals are neutral-bearish.  For today, USD resistance is at 1.3462.  Support is at 1.3373. The […]