Canadian Dollar Forecast and Updates

Knightsbridge FX keeps you to date on the latest Canadian Dollar forecast, updates and latest outlook. Stay informed on the latest CAD news, how it's doing relative to USD.

Canadian Dollar Update June 11, 2019 – Canadian Dollar stable

USD/CAD Open: 1.3262-1.3263 Overnight Range: 1.3250-1.328 The Canadian dollar was rangebound in overnight currency exchange markets. Oil is at $53.61 and gold is at $1,329. US markets are higher today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3283. Support is at 1.3226. The Canadian dollar traded in a narrow range […]

By KBFX | June 11, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update June 10, 2019 – Canadian Dollar on a roll

USD/CAD Open: 1.3268-1.3269 Overnight Range: 1.3236-1.3281 The Canadian dollar was rangebound in overnight currency exchange markets. Oil is at $53.96 and gold is at $1,333. US markets are higher today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3302. Support is at 1.3231. The Canadian dollar is on a roll. USDCAD […]

By KBFX | June 10, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update June 7, 2019 – Canadian Dollar surging

USD/CAD Open: 1.3277-1.3278 Overnight Range: 1.3276-1.3375 The Canadian dollar was rangebound in overnight currency exchange markets. Oil is at $53.35 and gold is at $1,345. US markets are higher today. The short-term USD/CAD technicals are neutral-bullish. For today, USD resistance is at 1.3341. Support is at 1.3235. The Canadian dollar is on the move. It […]

By KBFX | June 7, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update June 6, 2019 – Canadian Dollar remains rangebound

USD/CAD Open: 1.3388-1.3389 Overnight Range: 1.3382-1.3440 The Canadian dollar was rangebound in overnight currency exchange markets. Oil is at $51.75 and gold is at $1,339. US markets are mixed today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3426. Support is at 1.3360. The Canadian dollar is consolidating yesterday’s gains in […]

By KBFX | June 6, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update June 5, 2019 – Canadian Dollar testing resistance

USD/CAD Open: 1.3374-1.3375 Overnight Range: 1.3363-1.3406 The Canadian dollar was rangebound in overnight currency exchange markets. Oil is at $52.70 and gold is at $1,343. US markets are higher today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3412. Support is at 1.3343. The Canadian dollar is testing a resistance area […]

By KBFX | June 5, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update June 4, 2019 – Oil falls and Canadian Dollar rises

USD/CAD Open: 1.3427-1.3428 Overnight Range: 1.3419-1.3455 The Canadian dollar was rangebound in overnight currency exchange markets. Oil is at $52.98 and gold is at $1,328. US markets are higher today. Factory and durable goods orders data in the US is scheduled to be released today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance […]

By KBFX | June 4, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update June 3, 2019 – Canadian dollar tracking soft greenback

USD/CAD Open: 1.3484-1.3485 Overnight Range: 1.3483-1.3538 The Canadian dollar was rangebound in overnight currency exchange markets. Oil is at $54.35 and gold is at $1,319. US markets are mixed today. Manufacturing data in Canada and the US is scheduled to be released today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at […]

By KBFX | June 3, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update May 31, 2019 – Canadian Dollar sinks with Mexican Peso

USD/CAD Open: 1.3547-1.3548 Overnight Range: 1.3493-1.3566 The Canadian dollar was rangebound in overnight currency exchange markets. Oil is at $55.09 and gold is at $1,303. US markets are lower. Canadian GDP data is scheduled to be released today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3585. Support is at 1.3492. […]

By KBFX | May 31, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update May 30, 2019 – Canadian dollar undermined by dovish BoC

USD/CAD Open: 1.3493-1.3494 Overnight Range: 1.3487-1.3525 The Canadian dollar was rangebound in overnight currency exchange markets. Oil is at $58.99 and gold is at $1,286. US markets are higher. United States GDP and Personal Consumption data is scheduled to be released today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3516. […]

By KBFX | May 30, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update May 29, 2019 – Canadian dollar probing key support

USD/CAD Open: 1.3507-1.3508 Overnight Range: 1.3482-1.3522 The Canadian dollar was rangebound in overnight currency exchange markets. Oil is at $57.87 and gold is at $1,283. US markets are lower. The Bank of Canada is expected to make a rate decision today. The short-term USD/CAD technicals are bullish. For today, USD resistance is at 1.3527. Support […]

By KBFX | May 29, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Forecast

Knightsbridge FX is your authoritative source for Canadian dollar forecast and update information. Find out how oil prices interest rate activity are likely to affect the CAD. Stay abreast on what the Bank of Canada and Central Bank are doing, as well as how the CAD is doing against the Greenback.