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 September 6, 2019 – Canadian dollar awaiting employment reports

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 […]

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

Canadian Dollar Update September 5, 2019 – Canadian Dollar rally kicks off

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 […]

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

Canadian Dollar Update September 4, 2019 – Canadian Dollar back from the brink

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 […]

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

Canadian Dollar Update September 3, 2019 – Canadian Dollar breaking down

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 […]

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

Canadian Dollar Update August 30, 2019 – Canadian Dollar bids “Adieu” to August

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 […]

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

Canadian Dollar Update August 29, 2019 – Canadian Dollar jumps on China news

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 […]

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

Canadian Dollar Update August 28, 2019 – Canadian Dollar bulls get sideswiped

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 […]

By KBFX | August 28, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update August 27, 2019 – Canadian Dollar breaking higher

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 […]

By KBFX | August 27, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update August 26, 2019 – Canadian Dollar steady

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 […]

By KBFX | August 26, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update August 23, 2019 – Canadian Dollar on defensive

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 […]

By KBFX | August 23, 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.
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