Canadian Dollar Forecast and Updates

USD/CAD Open: 1.3227-1.3228 Overnight Range: 1.3160-1.3244 Oil is at $55.10 and gold is at $1,533.00 US markets are mixed today. The short-term USD/CAD technicals are neutral-bullish. For today, USD resistance is at 1.3202. Support is at 1.3150. The Canadian dollar rally stalled. Prices consolidated in a USDCAD range of 1.3198-1.3233 range overnight ahead of today’s […]

USD/CAD Open: 1.3222-1.3223 Overnight Range: 1.3191-1.3234 Oil is at $56.77 and gold is at $1,545.00. US markets are higher today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3228. Support is at 1.3189. The Canadian dollar rallied yesterday and continued the move overnight. On Wednesday, the Bank of Canada left the […]

USD/CAD Open: 1.3335-1.3336 Overnight Range: 1.3267-1.3344 Oil is at $55.59 and gold is at $1,555.10. US markets are higher today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3369. Support is at 1.3288. The Canadian dollar was under pressure in early trading yesterday morning. However, weaker than expected US ISM Manufacturing […]

USD/CAD Open: 1.3321-1.3322 Overnight Range: 1.3319-1.3382 Oil is at $53.11 and gold is at $1,558.40. US markets are lower today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3380. Support is at 1.3302. The Canadian dollar sank below the support level which had contained all downside moves during August. The breach […]

USD/CAD Open: 1.3286-1.3287 Overnight Range: 1.3246-1.3311 Oil is at $56.47 and gold is at $1,536.10. US markets are higher today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3292. Support is at 1.3232. The Canadian dollar is finishing August as the best performing commodity bloc currency compared to the greenback. It […]

USD/CAD Open: 1.3306-1.3307 Overnight Range: 1.3272-1.3318 Oil is at $56.29 and gold is at $1,548.30. US markets are higher today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3348. Support is at 1.3248. The Canadian dollar popped higher during the European session alongside a mild shift to positive risk sentiment. A […]

USD/CAD Open: 1.3281-1.3282 Overnight Range: 1.3275-1.3318 Oil is at $56.40 and gold is at $1,545.40. US markets are mixed today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3321. Support is at 1.3287. Canadian dollar bulls were sideswiped yesterday. Canadian dollar technicals which had just turned bullish on Monday, flipped to […]

USD/CAD Open: 1.3253-1.3254 Overnight Range: 1.3225-1.3257 Oil is at $54.12 and gold is at $1,543.40. US markets are higher today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3262. Support is at 1.3217. The Canadian dollar broke higher yesterday and consolidated the gains overnight. The Canadian dollar bounced off both extremes […]

USD/CAD Open: 1.3292-1.3292 Overnight Range: 1.3284-1.3319 Oil is at $55.06 and gold is at $1,541.70. US markets are higher today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3321. Support is at 1.3278. The Canadian dollar was steady even as trade tension turmoil roiled FX markets. Friday, China and the US […]

USD/CAD Open: 1.3303-1.3304 Overnight Range: 1.3292-1.3339 Oil is at $54.03 and gold is at $1,515.80. US markets are lower today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3363. Support is at 1.3273. The Canadian dollar is on the defensive. It is not alone. The rest of the G-10 major currencies […]