Canadian Dollar Forecast and Updates

USD/CAD Open: 1.3322-1.3323 Overnight Range: 1.3313-1.3347 Oil is at $51.80 and gold is at $1,508.00. US markets are lower today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3360. Support is at 1.3309. The Canadian dollar was beaten up yesterday and tested support at USDCAD 1.3340. It held, but subsequent Canadian […]

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USD/CAD Open: 1.3219-1.3220 Overnight Range: 1.3206-1.3300 Oil is at $53.50 and gold is at $1,498.30. US markets are lower today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3325. Support is at 1.3217 The Canadian dollar is an oasis of calm in turbulent FX markets, especially when measured against GBPUSD. Yesterday, […]

USD/CAD Open: 1.3240-1.3241 Overnight Range: 1.3222-1.3290 Oil is at $53.38 and gold is at $1,490.70. US markets are lower today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3274. Support is at 1.3198 The Canadian dollar came under pressure alongside its antipodean cousins, overnight. USDCAD closed in Toronto on Monday at […]

USD/CAD Open: 1.3267-1.3268 Overnight Range: 1.3245-1.3278 Oil is at $55.63 and gold is at $1,496.30. US markets are mixed today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3280. Support is at 1.3235. The Canadian dollar traded slightly firmer in a narrow range, overnight. The currency support came from small losses […]

USD/CAD Open: 1.3266-1.3267 Overnight Range: 1.3231-1.3273 Oil is at $55.86 and gold is at $1,517.20. US markets are lower today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3290. Support is at 1.3248. The Canadian dollar inched higher in another quiet overnight session. The currency recouped yesterday’s losses and is at […]

USD/CAD Open: 1.3241-1.3242 Overnight Range: 1.3235-1.3288 Oil is at $56.24 and gold is at $1,512.20. 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 1.3239. The Canadian dollar is on the sidelines, again. The currency pair remains rangebound. USDCAD price action is locked […]

USD/CAD Open: 1.3263-1.3264 Overnight Range: 1.3244-1.3274 Oil is at $57.57 and gold is at $1,530.70. US markets are mixed today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3285. Support is at 1.3231. The Canadian dollar is going nowhere-at least for the time being. The currency opened in Toronto virtually unchanged […]

USD/CAD Open: 1.3258-1.3259 Overnight Range: 1.3258-1.3304 Oil is at $58.07 and gold is at $1,530.60. US markets are lower today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3288. Support is at 1.3247. The Canadian dollar is being weighed down by falling oil prices. West Texas Intermediate (WTI), the North American […]

USD/CAD Open: 1.3260-1.3261 Overnight Range: 1.3253-1.3300 Oil is at $58.66 and gold is at $1,510.40. US markets are higher today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3309. Support is at 1.3263. The Canadian dollar is still adrift. The currency is unable to sustain rallies or losses beyond and entrenched […]