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Canadian Dollar
Canadian Dollar Reversal Pressure Up Despite Crude Oil Price Drop

Canadian Dollar Reversal Pressure Up Despite Crude Oil Price Drop

The Canadian Dollar faces reversal pressures again after CPI data despite a drop in crude oil prices. Ahead, the Australian and New Zealand Dollars may rally with Asia stocks.

2019-08-21
Canadian Dollar Price Targets: USD/CAD Bulls Eye Key Resistance Pivot

Canadian Dollar Price Targets: USD/CAD Bulls Eye Key Resistance Pivot

The US Dollar is targeting resistance near two-month highs vs Loonie with the long-bias vulnerable near-term. These are the levels that matter on the USD/CAD charts.

2019-08-19
Canadian Dollar Price May Reverse Versus USD, Yen at Risk Next?

Canadian Dollar Price May Reverse Versus USD, Yen at Risk Next?

The Canadian Dollar may be getting ready to reverse against the US Dollar after increasingly bearish USD/CAD technical signals. Ahead, the Yen may weaken as AUD and NZD gain.

2019-08-18
Canadian Dollar Price Outlook: USD/CAD Four-Week Rally Vulnerable

Canadian Dollar Price Outlook: USD/CAD Four-Week Rally Vulnerable

Loonie was nearly unchanged against the US Dollar last weeks with price failing just pips from resistance. Here are the levels that matter on the USD/CAD weekly chart.

2019-08-12
Canadian Dollar Price at Risk as Crude Oil Sinks Amidst Trade Wars

Canadian Dollar Price at Risk as Crude Oil Sinks Amidst Trade Wars

The USD/CAD eyes resistance breakout as uncertainties over global growth amidst trade wars undermine crude oil prices. Sentiment warns of a bearish NZD/USD bias ahead of the RBNZ.

2019-08-06
Canadian Dollar Price Chart: USD/CAD Breakout Stalls at Six-Week High

Canadian Dollar Price Chart: USD/CAD Breakout Stalls at Six-Week High

Canadian Dollar remains under pressure despite broader US Dollar weakness with price now testing six-week highs. Here are the levels that matter on the USD/CAD charts.

2019-08-06
CAD Sank With Crude Oil, Citigroup Earnings Underpin Growth Fears

CAD Sank With Crude Oil, Citigroup Earnings Underpin Growth Fears

The Canadian Dollar fell with crude oil prices as Citigroup earnings foreshadowed a disappointing season for banks, underpinning global growth concerns. NZD eyes New Zealand CPI data.

2019-07-15
CAD Sunk With Crude Oil, Citigroup Earnings Underpin Growth Frets

CAD Sunk With Crude Oil, Citigroup Earnings Underpin Growth Frets

The Canadian Dollar fell with crude oil prices as Citigroup earnings foreshadowed a disappointing season for banks, underpinning global growth concerns. NZD eyes New Zealand CPI data.

2019-07-15
USD/CAD Currency Volatility: Canadian Dollar Eyes BOC Rate Review

USD/CAD Currency Volatility: Canadian Dollar Eyes BOC Rate Review

The Bank of Canada threatens to jolt currency volatility with its July monetary policy update if the central bank fails to confirm the market's relatively hawkish expectations.

2019-07-09
Canadian Dollar Price Outlook: Loonie Gains Slam USD/CAD into Support

Canadian Dollar Price Outlook: Loonie Gains Slam USD/CAD into Support

An outside-weekly reversal in the Canadian Dollar cleared the monthly range last week. Here are the levels that matter on the USD/CAD price charts into the June close.

2019-06-24
AUDUSD Post-Fed Rally May Be Shot Down by RBA as Japanese Yen Sinks

AUDUSD Post-Fed Rally May Be Shot Down by RBA as Japanese Yen Sinks

The AUDUSD post-Fed rally could be shot down by RBA Governor Philip Lowe who may underscore rate cut bets. Meanwhile, the anti-risk Japanese Yen may sink as the Nikkei 225 rallies.

2019-06-19
Canadian Dollar Price Outlook: USD/CAD Recovery Eyes Trend Resistance

Canadian Dollar Price Outlook: USD/CAD Recovery Eyes Trend Resistance

The US Dollar recovery has put Loonie on the defensive with price now approaching a key inflection zone. Here are the levels that matter on the USD/CAD price charts.

2019-06-17
GBPUSD Drop in Focus, Brexit Optimism Keeps Fading. CAD Up on USMCA

GBPUSD Drop in Focus, Brexit Optimism Keeps Fading. CAD Up on USMCA

The GBP/USD downtrend may accelerate on bearish-contrarian signals with confidence of a Brexit deal persistently fading. The Canadian Dollar is benefiting from USMCA talk progress.

2019-05-21
Canadian Dollar Weekly Price Outlook: Loonie Breakout Imminent

Canadian Dollar Weekly Price Outlook: Loonie Breakout Imminent

Loonie continues to trade within the confines of the monthly opening-range heading deep into May trade. These are the levels that matter on the USD/CAD weekly chart.

2019-05-20
USDCAD Rips and Dips on Tariffs, USMCA Deal, BOC Report

USDCAD Rips and Dips on Tariffs, USMCA Deal, BOC Report

USDCAD soared then swooned in a volatile trading session due to downbeat rhetoric found in the Bank of Canadas latest Financial Stability Report but now being offset by positive USMCA deal news.

2019-05-17
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