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U.S. CAD News


Written by Trade With Precision Education Specialists Share this The general weakness in the USD has created a few potential trends. The USD/CAD has been selling off for the past 12 months and continues the decline with this setup on the Daily/Weekly chart.
CMC Markets

The US dollar fell initially against the Canadian dollar on Monday, but then turned around to show signs of support. The 1.25 level being broken to the downside was a very negative sign, but yet again we have seen this market turn around and show signs of stabilization.
USD/CAD Forecast: Canadian Dollar Continues to Struggle
DailyForex.com

FTSE lags peers as GBP gains post jobs data The FTSE had a strong previous week gaining over 1.7% and it pushed over 7000 for the first time since the start of the pandemic. GBP/USD strength mean the FTSE lags versus its peers. UK unemployment figures beat forecasts unexpectedly dropping to 4.9%, down from 5% [...]
Two Trades To Watch: FTSE, USD/CAD
Action Forex

Forex Analysis by Jason Sen covering: EUR/USD, USD/CAD, GBP/CAD. Read Jason Sen's latest article on Investing.com
EUR/USD, USD/CAD And GBP/CAD Daily Forecast
Investing.com

USD/CAD is currently on bullish momentum. At 13:06 EST on Tuesday, 20 April, USD/CAD is at 1.2599, 0.5595% up since the last session's close. Concerning USD/CAD's daily highs and lows, it's 0.631% up from its trailing 24 hours low of $1.25 and 0.551% up from its trailing 24 hours high of $1.25.
USD/CAD Bullish Momentum: 0.56% Up In The Last 24 Hours
Via News Agency

Manchester United executive vice-chairman Ed Woodward, one of the leading figures in the breakaway European Super League project, has tendered his resignation to the Premier League club, according to multiple media reports. Woodward's decision to leave his position came after reports that Chelsea and Manchester City were pulling out of the planned breakaway which has received intense criticism and opposition.

USD/CAD is currently trying to settle back above 1.2525 while the U.S. dollar is losing ground against a broad basket of currencies. The U.S. Dollar Index settled below the support at 91.30 and tried to get below the next support level at 91. A move below this level will push the U.S.
FX Empire

USD/CAD stays under modest bearish pressure on Monday. US Dollar Index slumps to multi-week lows near 91.00. WTI consolidates last week's gains, trades above $63. The USD/CAD pair started the new week under modest bearish pressure and dropped to its lowest level in a month at 1.2469.

GBP/USD moved into a confluence of trendline and 76.4% Fibonacci resistance in early trade today, with the downtrend seen over the course of the past two-months coming back into question here. Given that wider trend, there is a strong chance we will see the pair start to reverse lower from here.

The US dollar initially tried to rally during the trading session on Friday but gave back the gains to reach towards 1.25 handle. By doing so, it looks as if we could break down through the 1.25 level, opening up a move much lower.
USD/CAD Forecast: US Dollar Struggles Against Loonie
DailyForex.com

Forex Analysis by Jason Sen covering: EUR/USD, USD/CAD, GBP/CAD. Read Jason Sen's latest article on Investing.com
EUR/USD, USD/CAD And GBP/CAD Daily Forecast
Investing.com

Written by Trade With Precision Education Specialists Share this The general weakness in the USD has created a few potential trends. The USD/CAD has been selling off for the past 12 months and continues the decline with this setup on the Daily/Weekly chart.
CMC Markets

The USDCAD pair provided mixed trades yesterday, as it bounced bullishly after the decline that it witnessed in the previous sessions, to test the intraday bearish channel's resistance that appears on the chart, accompanied by stochastic reach to the overbought areas, waiting to motivate the price to decline again.
The USDCAD loses momentum – Analysis
Economies.com

USD/CAD fades as WTI rebounds 6.3% on the week. Excellent US economic data has no impact on pair. US dollar falls as long-term Treasury yields retreat. Bank of Canada decision on QE and updated economic projections due on Wednesday. COVID-19 a possible complication in Ontario and elsewhere.

Discover what kind of forex trader you are Most global equities ended this past week on an upbeat. On Wall Street, the Dow Jones, S&P 500 and Nasdaq Composite all rallied over 1%. Equities in Europe outperformed, the DAX 30 and FTSE 100 climbed 1.48% and 1.5% respectively.

Get the current mid-market rate for USD (US Dollar) / CAD (Canadian Dollar) for Sunday April 18, 2021 right here. The latest rates for USD (US Dollar) / CAD (Canadian Dollar) are available below. As a leading finance news site the team at Born2Invest collates and analyses the latest forex market data to bring you live [...]

Interest rate at which major financial institutions borrow and lend overnight funds between themselves; We expect a similar reading than the previous month. Bearish Price has been respecting a down channel, reacting to horizontal and diagonal resistance. This scenario may change with fundamental announcements. We will look for buying opportunities near support.
FXStreet

USD/CAD continues to push lower ahead of the weekend. US Dollar Index stays in the negative territory below 91.60. Investors await preliminary UoM Consumer Sentiment Index for April. After spending the Asian trading hours around 1.2550, the USD/CAD pair met a modest bearish pressure and dropped to a daily low of 1.2493 in the early American session.

The Canadian dollar is slightly higher on Friday. Currently, USD/CAD is trading at 1.2513, down 0.25% on the day. On the fundamental front, Canada will release tier-2 data, including Housing Starts. In the US, today's highlight is UoM Consumer Sentiment, which is expected to accelerate to 88.9 points.
CAD edges higher, US confidence data next
MarketPulse















Born2Invest


