USDCAD | US Dollar (USD) to the Canadian Dollar (CAD) Rate in the Forex market

Only the euro was traded today using the Mean Reversion strategy. I did not trade anything using the Momentum strategy. Rather mixed ZEW data from Germany and the eurozone maintained...

The dollar has lost ground against the euro, the pound, and other risk assets, which has objective reasons. Following rumors that the US and Iran have returned to negotiations regarding...

Over the coming week, the euro price is expected to move within a sideways channel between the nearest opposing zones. In the first days, an upward vector is more likely...

The dollar has continued to gain ground against the euro, the pound, and other risk assets, despite weak data on the American economy. It is worth noting that despite concerns...

The dollar remains in demand, supported by several factors. The reduction of the negative balance in the U.S. trade deficit, revealed yesterday, combined with unexpectedly low initial jobless claims, caused...

Given the low market volatility, I did not execute any trades today using the Mean Reversion strategy. I also did not find suitable entry points using the Momentum strategy...

It is evident that the market no longer trusts Trump's words, as, despite all his efforts, traders have returned to purchasing dollars. Another catalyst for the strengthening...

The USD/CAD pair continues its decline, remaining above 1.3550 amid mixed signals. Some support for the U.S. dollar is provided by falling oil prices following the International Energy Agency's (IEA)...

Yesterday's statements from Iran and Trump's subsequent reactions strengthened the U.S. dollar against several risk assets. News about Iran's plans to mine the Strait of Hormuz triggered a sharp increase...

The test of the 1.1631 price level occurred when the MACD indicator had already moved significantly above the zero line, which limited the pair's upward potential. For this reason...