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 December 3, 2019 – Canadian Dollar sidelined

USD/CAD Open: 1.3308-1.3309, Overnight Range: 1.3283-1.3320 Oil is at $55.64 and gold is at $1,483.50. US markets are lower today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3333. Support is at 1.3279. FX markets came to life yesterday following weaker than expected US ISM Manufacturing PMI data. A wave of […]

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

Canadian Dollar Update December 2, 2019 – Canadian Dollar slipping

USD/CAD Open: 1.3270-1.3271, Overnight Range: 1.3270-1.3304 Oil is at $56.15 and gold is at $1,467.50. US markets are lower today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3321. Support is at 1.3271. The Canadian dollar traded quietly in Asia and Europe but started to sink in early Toronto trading. The […]

By KBFX | December 2, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update November 28, 2019 – Canadian Dollar on US Thanksgiving holiday

USD/CAD Open: 1.3280-1.3281, Overnight Range: 1.3275-1.3299 Oil is at $57.81 and gold is at $1,462.60. US markets are lower today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3300. Support is at 1.3275. The Canadian dollar will trade like it is a holiday in Canada today. The Americans are celebrating Thanksgiving […]

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

Canadian Dollar Update November 27, 2019 – Canadian Dollar playing the averages

USD/CAD Open: 1.3271-1.3272, Overnight Range: 1.3260-1.3282 Oil is at $58.43 and gold is at $1,454.30. US markets are mixed today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3286. Support is at 1.3247. Canadian dollar bulls and bears are dancing to the tune of moving averages. The Canadian dollar sellers emerged […]

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

Canadian Dollar Update November 26, 2019 – Canadian Dollar remains rangebound

USD/CAD Open: 1.3298-1.3299, Overnight Range: 1.3295-1.3316 Oil is at $58.31 and gold is at $1,456.80. US markets are higher today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3333. Support is at 1.3273. The Canadian dollar has been trapped in a narrow USDCAD range of 1.3260-1.3325 for the past week as […]

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

Canadian Dollar Update November 25, 2019 – Canadian Dollar recoups some losses

USD/CAD Open: 1.3295-1.3296, Overnight Range: 1.3285-1.3315 Oil is at $57.62 and gold is at $1,457.10. US markets are higher today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3329. Support is at 1.3280. The Canadian dollar closed Friday’s session with a small loss compared to its opening level. It was not […]

By KBFX | November 25, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update November 22, 2019 – Canadian Dollar confusion

USD/CAD Open: 1.3284-1.3285, Overnight Range: 1.3254-1.3290 Oil is at $58.33 and gold is at $1,466.30. US markets are higher today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3306. Support is at 1.3243. There is confusion in the ranks of Canadian dollar traders. That’s because there is confusion in the senior […]

By KBFX | November 22, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update November 21, 2019 – Canadian Dollar dancing to Phase 1 rumours

USD/CAD Open: 1.3304-1.3305, Overnight Range: 1.3269-1.3324 Oil is at $57.82 and gold is at $1,470.30. US markets are lower today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3349. Support is at 1.3286. The Canadian dollar, along with the Australian and New Zealand dollars, are dancing to the US/China trade talk […]

By KBFX | November 21, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update November 20, 2019 – Canadian Dollar drops off a cliff

USD/CAD Open: 1.3267-1.3268, Overnight Range: 1.3262-1.3315 Oil is at $55.65 and gold is at $1,470.80. US markets are lower today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3332. Support is at 1.3244. The Canadian dollar is rangebound no more. Prices soared through the top of the USDCAD 1.3040-1.3240 band that […]

By KBFX | November 20, 2019 | Daily Update | 0 comments Read more >

Canadian Dollar Update November 19, 2019 – Canadian Dollar is rangebound

USD/CAD Open: 1.3205-1.3206, Overnight Range: 1.3190-1.3222 Oil is at $55.90 and gold is at $1,469.40. US markets are mixed today. The short-term USD/CAD technicals are neutral-bearish. For today, USD resistance is at 1.3248. Support is at 1.3189. The Canadian dollar is trapped inside a USDCAD 1.3040-1.3260 range and has been, since October 11. There isn’t […]

By KBFX | November 19, 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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