Canadian Dollar Forecast and Updates

USD/CAD Open: 1.3119-1.3120 Overnight Range: 1.3119-1.3158 Oil is at $58.58 and gold is at $1,444. US markets are higher today. The short-term USD/CAD technicals are neutral-bullish. For today, USD resistance is at 1.3186. Support is at 1.3079. The Canadian dollar wins the blue ribbon for the best performing major G-10 currency in July. It only […]

USD/CAD Open: 1.3176-1.3177 Overnight Range: 1.3153-1.3184 Oil is at $57.09 and gold is at $1,430. US markets are lower today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3201. Support is at 1.3155. The Canadian dollar was sidelined overnight. It was not alone. The Australian, New Zealand and Canadian dollars drifted […]

USD/CAD Open: 1.3155-1.3156 Overnight Range: 1.3149-1.3183 Oil is at $56.56 and gold is at $1,418. US markets are mixed today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3187. Support is at 1.3132. The Canadian dollar slipped lower in a mostly quiet FX session in Asia and Europe. There is an […]

USD/CAD Open: 1.3186-1.3187 Overnight Range: 1.3141-1.3194 Oil is at $56.47 and gold is at $1,420. US markets are higher today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3217. Support is at 1.3154. The Canadian dollar broke out of its five-week trading range overnight, and the move was all due to […]

USD/CAD Open: 1.3128-1.3129 Overnight Range: 1.3115-1.3145 Oil is at $56.69 and gold is at $1,424. US markets are mixed today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3151. Support is at 1.3093. The Canadian dollar drifted aimlessly in a narrow range overnight. Price action was contained as FX traders bided […]

USD/CAD Open: 1.3136-1.3137 Overnight Range: 1.3125-1.3153 Oil is at $56.95 and gold is at $1,428. US markets are lower today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3177. Support is at 1.3106. The Canadian dollar is a bystander even as the US dollar retreats against Sterling and the Euro in […]

USD/CAD Open: 1.3151-1.3152 Overnight Range: 1.3111-1.3163 Oil is at $56.07 and gold is at $1,425. US markets are higher today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3160. Support is at 1.3122. The Canadian dollar got knocked for a loop yesterday after Canadian Wholesale Sales for May were sharply weaker […]

USD/CAD Open: 1.3090-1.3091 Overnight Range: 1.3040-1.3096 Oil is at $56.14 and gold is at $1,428. US markets are higher today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3113. Support is at 1.3056. The Canadian dollar started the week quietly, content to hug the sidelines along with most of the G-10 […]

USD/CAD Open: 1.3069-1.3070 Overnight Range: 1.3016-1.3110 Oil is at $55.50 and gold is at $1,441. US markets are higher today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3117. Support is at 1.3030. The Canadian dollar continues to see-saw inside a USDCAD range of 1.3020-1.3090. It has tested both sides of […]