Canadian Dollar Forecast and Updates

USD/CAD Open: 1.3060-1.3061 Overnight Range: 1.3053-1.3086 Oil is at $56.86 and gold is at $1,417. US markets are higher today. The short-term USD/CAD technicals are neutral-bullish. For today, USD resistance is at 1.3085. Support is at 1.3043. The Canadian dollar is still grinding out gains. The rally that began on July 17 is intact, but […]

USD/CAD Open: 1.3075-1.3076 Overnight Range: 1.3064-1.3120 Oil is at $56.90 and gold is at $1,416. US markets are higher today. The short-term USD/CAD technicals are neutral-bullish. For today, USD resistance is at 1.3130. Support is at 1.3037. The Canadian dollar ignored yesterday’s sharp drop in West Texas Intermediate oil prices and traded narrowly in a […]

USD/CAD Open: 1.3123-1.3124 Overnight Range: 1.3112-1.3138 Oil is at $58.53 and gold is at $1,395. US markets are lower today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3169. Support is at 1.3085. Canadian FX traders returned to their desks after the Canada long weekend to find the Canadian dollar about […]

USD/CAD Open: 1.3096-1.3097 Overnight Range: 1.3067-1.3112 Oil is at $59.21 and gold is at $1,410. US markets are mixed today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3117. Support is at 1.3054. The Canadian dollar had a strong performance in the second quarter of 2019. The Loonie gained 1.9% from […]

USD/CAD Open: 1.3119-1.3120 Overnight Range: 1.3110-1.3138 Oil is at $59.36 and gold is at $1,406. US markets are higher today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3158. Support is at 1.3099. The world leaders from the top twenty nations are gathering in Osaka, Japan. They are gathered to discuss […]

USD/CAD Open: 1.3157-1.3158 Overnight Range: 1.3142-1.3196 Oil is at $59.46 and gold is at $1,410. US markets are mixed today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3184. Support is at 1.3130. The Canadian dollar is probing resistance in the USDCAD 1.3120-50 zone, in part due to another rise in […]

USD/CAD Open: 1.3169-1.3170 Overnight Range: 1.3152-1.3205 Oil is at $58.22 and gold is at $1,435. US markets are lower today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3201. Support is at 1.3123. The Canadian dollar is grinding out gains, supported by lofty oil and gold prices. Gold (XAUUSD) has soared […]

USD/CAD Open: 1.3198-1.3199 Overnight Range: 1.3177-1.3225 The Canadian dollar was rangebound in overnight currency exchange markets. Oil is at $57.95 and gold is at $1,410. US markets are higher today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3223. Support is at 1.3169. The Canadian dollar recovered all of Friday’s losses […]

USD/CAD Open: 1.3204-1.3205 Overnight Range: 1.3162-1.3216 The Canadian dollar was rangebound in overnight currency exchange markets. Oil is at $57.35 and gold is at $1,402. US markets are lower today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3229. Support is at 1.3172. The Canadian dollar held on to its recent […]

USD/CAD Open: 1.3178-1.3179 Overnight Range: 1.3151-1.3290 The Canadian dollar was rangebound in overnight currency exchange markets. Oil is at $56.03 and gold is at $1,387. US markets are higher today. The short-term USD/CAD technicals are neutral-bullish. For today, USD resistance is at 1.3230. Support is at 1.3101. The Canadian dollar soared yesterday and continued to […]