CAD=X - USD/CAD
| Previous close | 1.326 |
| Open | 1.326 |
| Bid | 1.315 |
| Day's range | 1.311 - 1.329 |
| 52-week range | 1.2062 - 1.3376 |
| Ask | 1.315 |
- Investing.com•yesterday
Dollar Slumps on Trump Trade Comments
Elsewhere, the Australian dollar was higher, with AUD/USD up 0.83% at 0.7416, while NZD/USD rose 0.85% to 0.6801. The loonie was higher against the greenback, with USD/CAD down 1.11% to 1.3125.
FX Empire•yesterdayUSD/CAD Daily Price Forecast – USD/CAD Struggles To Breach 1.328 Handle over Wobbly US Greenback
Though the dollar has been moving from strength to strength, the strong oil prices have been helping the CAD strength and keeping a cap on the pair so far
- Investing.com•2 days ago
Dollar Turns Negative as Trump Says 'Not Happy' About Fed Rate Hikes
Investing.com – The dollar reversed course against its rivals Thursday after U.S. President Trump said he was "not happy" about Federal Reserve rate hikes but downside was limited amid optimism over the U.S. economy.
- FX Empire•2 days ago
USD/CAD Daily Price Forecast – USD/CAD Back Above 1.32 Handle despite Decline over Profit Booking Activity
The pair has broken out higher over the last 24 hours and continues to piggy back on the dollar strength
- FX Empire•2 days ago
USD/CAD Supported at 61.8 and 78.6 Fibonacci Retracement
The USD/CAD is supported at 61.8 and 78.6 fib retracement of the last swing. 1.3166-84 is the first POC zone, where the bounce is possible, while the POC2 is 1.3125-1.3140. Both zones could be valid for longs providing that W L3 holds – 1.3110. Targets are 1.3220 and 1.3264. Continuation is only possible above 1.3265 towards 1.3307.
- FX Empire•3 days ago
The Aussie Gets a Boost, as Focus Shifts to UK Retail Sales and the GBP
Employment numbers give the Aussie Dollar a boost as focus shifts to today’s stats out of the UK. Another set of weak numbers and the Pound could be looking at sub-$1.30 levels, progress on Brexit doing few favors.
- Investing.com•3 days ago
Dollar Flat on Weak U.S. Housing Data
Investing.com – The dollar was unchanged against its rivals Wednesday as gains on the back of a slump in the pound were offset by soft U.S. economic data showing subdued housing market activity.
- FX Empire•3 days ago
Technical Checks For Important CAD Pairs: 18.07.2018
In case the quote fails to cross the 1.3265 immediate barrier, it can revisit the 1.3220-15 zone, breaking which 1.3160 and an upward slanting TL, at 1.3125, may confine the pair’s following declines. While USDCAD has another resistance to break after clearing an intermediate hurdle, the GBPCAD’s recent break of ascending trend-line can’t be termed as a sign of its plunge unless closing below the 1.7160 TL-mark on a daily basis.
- FX Empire•3 days ago
GBP sinks, AUDJPY goes lower. USDCAD with a nice reversal pattern
Worse CPI in the UK sends the GBP lower. On the GBPCAD it helps to break the long-term up trendline and the lower line of the rectangle. That is a strong sell.
- FX Empire•3 days ago
“Largest Bilateral Trade Deal Ever” – Trade Deal Between Japan and the European Union Covers 600 Million People
The European Union and Japan signed a historic deal on Tuesday that will remove any tariffs on products they exchange.
- Investing.com•4 days ago
Dollar Rallies as Powell Signals Rate Hikes to Continue
Investing.com – The dollar rose against its rivals Tuesday, as Federal Reserve Chairman Jay Powell gave lawmakers a positive assessment of the economy, and expects to continue raising interest rates gradually.
- Investing.com•5 days ago
Dollar Subdued Amid Mostly Positive U.S. Data; Powell Testimony Eyed
Investing.com – The dollar was slightly lower against its rivals Monday, as in-line U.S. retail sales data, and slightly better than forecast regional manufacturing activity provided little impetus for upside in the greenback.
- FX Empire•5 days ago
USD/CAD Daily Price Forecast – USD/CAD Loses Ground As Greenback Feels Pressure Ahead of Trump-Putin Summit
The pair has been chopping around and looking for direction over the last few days
- FX Empire•6 days ago
Trump and U.S Retail Sales Puts the USD in the Spotlight
Softer economic growth in China weighed on risk appetite early in the day, with the U.S – Russia Summit, trade tariff chatter and U.S retail sales figures in focus through the day.
- Investing.com•8 days ago
Dollar Retreats From 2-Week Highs as GBP/USD Rebounds
Investing.com – The dollar retreated from a two-week high against its rivals Friday, pressured by a rebound in the pound from an 11-day low.
- FX Empire•8 days ago
USD/CAD Daily Price Forecast – USD/CAD Back on Track to Breach 1.32 Handle
The pair continues to move higher once again as the strength of the dollar dominates the market
- Investing.com•9 days ago
Dollar Flat Amid Subdued U.S. Inflation Data
Investing.com – The dollar was roughly flat against its rivals Thursday, as U.S. economic data showed the pace of consumer prices was subdued last month, but downside was limited by a slump in the yen amid easing trade-war concerns.
- FX Empire•9 days ago
Important CAD Pairs’ Technical Overview: 12.07.2018
USDCAD’s bounce off the three-month old ascending trend-line presently struggles with 1.3200-1.3210 horizontal-region in order to justify its strength in targeting the 1.3260 and the 1.3340 resistances. In case the pair manage to extend its recovery beyond 1.3340 on a daily closing basis, the 1.3385 and the 1.3470, comprising 61.8% FE can please the Bulls. On the contrary, the 1.3130-20 is likely immediate support for the pair to test during its pullback before revisiting the 1.3060 TL figure. Assuming that the quote keep declining beneath the 1.3060, the 50-day SMA level of 1. ...
- Investing.com•9 days ago
Dollar Hits Fresh Six Month Highs against Yen
Investing.com - The dollar rose to fresh six month highs against the yen on Thursday and was steady against a currency basket as solid gains in the latest U.S. inflation report reinforced expectations for two additional rate hikes by the Federal Reserve this year.
- FX Empire•9 days ago
USD/CAD Making a U-Turn From the Support
The USD/CAD has made a U-turn from the W L3 level, after a breakout of inverted head and shoulders pattern. At this point, 1.3150-75 is the POC zone, and we might see a bounce from the zone during the London/New York session. Targets are 1.3220 and 1.3250. Continuation is only possible at the 4h close or strong 1h momentum above 1.3250 which should initially be hard to break due to the weekly/daily pivot confluence. If the price breaks it, 1.3290 should be next.
- FX Empire•9 days ago
Euro Steady Ahead of ECB Meeting Minutes Release
the ECB will be releasing its monetary policy meeting minutes. The minutes cover the June ECB meeting where policymakers announced a taper to the QE program and an exit from QE by December 2018.
- Investing.com•10 days ago
U.S. Dollar Higher on Positive Economic Data, Euro Weakness
Investing.com – The dollar rose Wednesday as data showing U.S. wholesale prices increased at a faster pace than anticipated last month raised investor expectations for stronger inflation, increasing the prospect of further Fed rate hikes.
- FX Empire•10 days ago
Things to Consider When Trading the Canadian Dollar
The Canadian Dollar (CAD) is an important currency part of the Forex dashboard. As part of the DXY (Dollar Index), where it holds almost a ten percent stake, the CAD reflects the strengths and weaknesses of the Canadian economy. Part of NAFTA (North America Free Trade Agreement), Canada has a performant economic model many countries only dream about.
- FX Empire•10 days ago
USD/CAD Price Forecast – USD/CAD Range Bound Around 1.3130 Handle Ahead of BOC
The pair has been continuing to range and consolidate as the weakness in both the currencies continue to grip the pair
- FX Empire•10 days ago
Canadian Dollar Steady as BoC Expected to Hike Interest Rates
The economic calendar today will see investors shifting focus to the BoC’s monetary policy meeting. Chances of a rate hike remain high as the economists polled expect to see the BoC raising rates by 25 basis points at today’s meeting.
