HedgeFundLIVE.com — Take a look at the USD/CAD chart. Notice any thing? The price action over the last year (at least) tends to revert back to parity like a magnet. The Loonie is a commodity currency, ...
8/19/2008 – USD/CAD – As shown on the accompanying USD/CAD 4-Hour chart, price action on this pair has formed both a steep uptrend support line (represented in green) and a flag pattern (represented ...
During the session on Wednesday, it looks like the markets in general are moving, and more of a “risk appetite” feel to them.
In keeping with yesterday's theme about potential USD strength, the USD/CAD daily chart seems to be the closest to matching the USD/INX chart shown yesterday. A look at the hourly chart does show a ...
The Canadian Dollar was the darling of G10FX ahead of the December FOMC meeting. The Canadian Dollar was benefitting from the positive correlation of Crude Oil as Oil was strengthening in the wake of ...
After a month near consistent losses against the Canadian dollar, the US dollar gained 2.6% or roughly 340 pips on the back of a widely anticipated rate hike, but a less anticipated hawkish tilt in ...
The ONE Thing: Saudi Arabia is dumping Canadian assets. The news comes ahead of a steadily weakening Canadian Dollar with oil weakening as well as Friday's CA employment data. A miss in Canadian data ...
Canadian Dollar Forex Seasonality – USD/CAD Chart Source: TradingView, StoneX. Last but not least, June has been a mixed month for USD/CAD, with an average historical return of -0.06%. While it can be ...
The GBP/USD 4-hour chart is showing the same USD weakness as the USD/CAD chart we showed yesterday. This market is in a strong bullish channel which offers the opportunity to buy on a new high or a ...
The US dollar has gone back and forth during the trading session on Friday, as the Canadian employment numbers came out weaker than anticipated. Ultimately, the USD/CAD pair has been paying close ...
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