USDCAD | US Dollar (USD) to the Canadian Dollar (CAD) Rate in the Forex market
US Dollar vs Canadian
USD/CAD Up Reversal Expected!https://forex-images.ifxdb.com/userfiles/20210305/appsimage_analytics6041e6b767c55.jpg
USD/CAD could edge higher in the coming hours if the US NFP, Unemployment Rate, and Average Hourly earnings beat expectations. Technically, the pair maintains a bullish outlook after the most...
Fractal analysis of major currency pairs on March 5https://forex-images.ifxdb.com/userfiles/20210305/appsimage_analytics6041d11c26abe.jpg
The EUR/USD pair is expected to continue its decline after the level of 1.1950 is broken. The key support level is 1.2066. The GBP/USD pair is expected to continue...
Fractal analysis of major currency pairs on March 4https://forex-images.ifxdb.com/userfiles/20210304/appsimage_analytics6040a02c56df5.jpg
The EUR/USD pair notes the key resistance level of 1.1991 and the key support level of 1.2155. The GBP/USD pair is expected to continue the downward trend from February...
Demand risk is stable, dollar moves sideways ahead of the employment report. Overview of USD, CAD, and JPYhttps://forex-images.ifxdb.com/userfiles/20210303/appsimage_analytics603fb0764cc9b.jpg
The ISM Services PMI stood at 55.3% in February, which is slightly worse than expected but is in line with the overall positive background. The employment sub-index turned...
Fractal analysis of major currency pairs on March 3https://forex-images.ifxdb.com/userfiles/20210303/appsimage_analytics603f3e8a90be9.jpg
The EUR/USD pair considers the key resistance level of 1.1991 and the key support level of 1.2155. The GBP/USD pair is expected to continue the downward trend from February...
USDCAD below descending trendline resistance! Further drop incoming!https://forex-images.ifxdb.com/userfiles/20210303/appsimage_analytics603f3721b2419.jpg
Price holding below descending trendline resistance. A further drop below 1st resistance at 1.26594 towards 1st support at 1.26031 can be expected. Technical indicators are showing room for further bearish...
Fractal analysis of major currency pairs on March 2https://forex-images.ifxdb.com/userfiles/20210302/appsimage_analytics603deed03d45f.jpg
The EUR/USD pair notes the key resistance level set at 1.1991 and the key intraday support level set at 1.2107. The GBP/USD pair is expected to continue the downward trend...
USDCAD broke above descending trendline resistance! Further rise incoming!https://forex-images.ifxdb.com/userfiles/20210302/appsimage_analytics603e058ee124a.jpg
Price broke above ascending trendline resistance (now support). With price holding above moving average and stochastic indicator on support where price reacted in the past, a short term bounce reaction...
USD/CAD Fresh Momentum Develops!https://forex-images.ifxdb.com/userfiles/20210302/appsimage_analytics603dfbdd6fd37.jpg
USD/CAD grows after ending its temporary decline. The bias remains bullish so the pair could approach and reach new highs soon. The greenback takes full control again...