USD/CAD Continues to Bounce Within A Range
USD/CAD reversed off the ascending trend line yesterday, as the up and down action within the range continues Full Article
USD/CAD Remains Down After BOC Keeps Rates on Hold Again
The Bank of Canada held interest rates unchanged at 4.50%, but USD/CAD remains bearish on USD weakness after soft US CPI numbers Full Article
BOC Adds Another Reason for the CAD to Rally, After Oil Output Cut
USD/CAD has been bearish for most of March and the decline is picking up pace as Oil jumps while recession fears subside Full Article
Forex Signals Brief for March 21: Inflation Expected to Slow in Canada Too
Markets seem calmer this week as we head into the FOMC rate decision tomorrow, while today we have the CPI inflation from Canada Full Article
Looking to Buy the Retreat in USD/CAD, Gold on Softer USD Today
USD/CAD has retreated 80 pips lower since yesterday, but the overall trend is bullish so we are looking to open a buy forex signal here Full Article
USD/CAD Surges Toward 1.38 As BOC Remains Neutral
USD/CAD has turned bullish again today despite a retreat in the USD, as the BOC keeps interest rates on hold Full Article
USD/CAD Failing at MAs, Despite Dovish Remarks by BOC’s Macklem
The Bank of Canada governor Macklem mentioned stopping rate hikes yesterday but USD/CAD ended up lower despite that Full Article
Bullish Reversing Signs in USD/CAD, BOC Sees Rate Cuts in Late 2023
USD/CAD has gained around 200 pips in the last three days and the BOC is turning dovish, which should keep this pair going up Full Article
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