Canadian Dollar Forecast and Updates

USD/CAD Open: 1.3465-1.3466 Overnight Range: 1.3433-1.3479 The Canadian dollar was rangebound in overnight currency exchange markets. Oil is at $59.44 and gold is at $1,279. US markets are higher. The Conference Board Consumer Confidence Index is scheduled to be released today, in the United States, and is expected to be higher than the last update. […]

USD/CAD Open: 1.3448-1.3449 Overnight Range: 1.3429-1.3453 The Canadian dollar was rangebound in overnight currency exchange markets. Oil is at $58.61 and gold is at $1,286. 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 1.3461. Support is at 1.3437. The […]

Economic Outlook and Summary The Bank of Canada is currently following in the footstep of the Federal Reserve by taking a more dovish stance and downgrading the outlook in accordance to the reality of available data. The struggling Canadian dollar has been largely range-bound between 73 and 77 U.S cents since last summer, still lacking […]

USD/CAD Open: 1.3447-1.3448      Overnight Range:     1.3439-1.3482 The Canadian dollar was rangebound in overnight currency exchange markets.  Oil is at $58.19 and gold is at $1,280.  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 1.3475.  Support is at 1.3424. […]

USD/CAD Open: 1.3494-1.3495      Overnight Range:     1.3431-1.3502 The Canadian dollar was rangebound in overnight currency exchange markets.  Oil is at $58.80 and gold is at $1,282.  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 1.3503.  Support is at 1.3443. […]

USD/CAD Open: 1.3392-1.3393      Overnight Range:     1.3357-1.3417 The Canadian dollar was rangebound in overnight currency exchange markets.  Oil is at $62.44 and gold is at $1,274.  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 1.3432.  Support is at 1.3309. […]

USD/CAD Open: 1.3411-1.3412      Overnight Range:     1.3395-1.3439 The Canadian dollar was rangebound in overnight currency exchange markets.  Oil is at $62.94 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 1.3424.  Support is at 1.3373. […]

USD/CAD Open: 1.3499-1.3500      Overnight Range:     1.3456-1.3514 The Canadian dollar was rangebound in overnight currency exchange markets.  Oil is at $63.31 and gold is at $1,280.  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 1.3544.  Support is at 1.3464. […]

USD/CAD Open: 1.3424-1.3425      Overnight Range:     1.3400-1.3451 The Canadian dollar was rangebound in overnight currency exchange markets.  Oil is at $62.74 and gold is at $1,292.  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 1.3456.  Support is at 1.3402. […]

USD/CAD Open: 1.3474-1.3475      Overnight Range:     1.3455-1.3488 The Canadian dollar was rangebound in overnight currency exchange markets.  Oil is at $61.58 and gold is at $1,298.  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 1.3501.  Support is at 1.3453. […]