Will USD/CAD Turn Bullish After BOC Signals A Pause?
USD/CAD jumped off the support zone yesterday after the BOC said to keep rates on hold after a 25 bps hike yesterday Full Article
Forex Signals Brief for January 25: Can a 25bps BOC Hike Keep the CAD Bullish?
Bank of Canada is expected to hike rates but slow the pace to 25 bps, which might not be enough to keep the CAD bullish Full Article
USD/CAD Heading for 1.30, As the 100 SMA Gets Broken
USD/CAD has retraced higher today but the 50 SMA is acting as resistance at the top, so we decided to open a sell forex signal here Full Article
USD/CAD Holding the Uptrend, Despite Inflation Ticking Higher in November
We decided to buy USD/CAD after the dip on slightly higher CPI inflation figures from Canada for November Full Article
USD/CAD Dives and Bounces Up on 50 bps Hike Form the BOC
USD/CAD bounces back up from the 20 SMA after a 100 pip dive after the BOC raised rates by 50 bps Full Article
USD/CAD Heads for the 50 Daily SMA As Oil Crashes Below $77
USD/CAD reached 1.36 yesterday after surging from below 1.34, as Oil prices tumbled lower after the US ISM services Full Article
Forex Signals Brief for December 5: BOC and RBA Slowing Rate Hikes Already
The USD resumed the decline last week after Powell suggested a rate hike slowdown, while the RBA and the BOC are doing so with a 25 bps hike Full Article
Bullish Reversing Pattern in USD/CAD After the Smaller BOC Hike And GDP
USD/CAD has formed a bullish revering pattern on the daily chart as the BOC slows down with rate hikes despite a positive GDP report Full Article
Will the ECB Soften Tightening After BOC Slows on Weaker Economy?
The ECB is expected to raise rates by 0.75% today, although the future path of rate hikes is in question as the economy weakens Full Article
Forex Signals Brief for October 27: EUR/USD Bullish Ahead of the 75 ECB Hike
The BOC disappointed yesterday with a smaller-than-expected 50 bps rate hike, while today the ECB is expected to deliver a 75 bps hike Full Article
USD/CAD Stalling at 1.35 Support Ahead of the BOC 25 bps Rate Hike
USD/CAD has slipped lower this week, but it has stalled at the 200 SMA on the H4 chart which stands at 1.35, head of the BOC rate hike Full Article
Forex Signals Brief for October 26: BOC’s Time to Raise Rates by 75 bps Today
Today the Bank of Canada opens the central bank rate hike bonanza, which will be followed by the ECB tomorrow and the FED next week Full Article
Selling USD/CAD, As CPI Inflation Beats Expectations in Canada
CPI inflation came stronger than expected in Canada and the 100 SMA was providing resistance, so we decided to open a sell signal in USD/CAD Full Article