USD/CAD - Signal SELL

Published Thu, Jun 22 2023 - 11:43 am

Analisys Status and Trend 

The short- and medium-term technical scenario of the U.S. dollar against the Canadian dollar shows a definite bearish trend.  The bearish figure suggests the probability of testing new bottoms identifiable in the 1.312 area.
Currency risk analysis shows a price deviation value from the average of 0.3811%. On a daily basis the percentage change stands at -0.10%. On a weekly basis it stands at -1.37%.

Additional Informations

Other Market Calls

Australian dollar rises after hawkish hold by RBA

Published at Tue, Feb 6 2024 - 4:27 pm

The dollar was mixed on Tuesday, as its post US-jobs data rally cooled slightly on Tuesday, with its Australian counterpart among those making a stride after the Reserve Bank of Australia left interest rates unmoved.

The Reserve Bank of Australia left

Dollar in demand after robust jobs data, yen falls back

Published at Thu, Feb 8 2024 - 3:55 pm

The dollar strengthened on Thursday as robust jobs figures suggested near term rate cuts were unlikely, while the yen slipped back after 'dovish' remarks from a Bank of Japan official.

The pound fell against the dollar to USD1.2582 on Thursday,

Dollar edges higher ahead of CPI reading

Published at Mon, Feb 12 2024 - 4:03 pm

The dollar was mostly higher on Monday, ahead of Tuesday's consumer price reading.

Meanwhile, the pound will face a number of tests this week, ahead of a slew of economic data.

Against the dollar, the pound fell to USD1.2618 on Monda

Dollar up as US CPI data hits rate cut expectations

Published at Tue, Feb 13 2024 - 3:49 pm

The dollar strengthened markedly on Tuesday, after a consumer price reading all but ensured that the Federal Reserve will not cut interest rates in March.

The dollar strengthened markedly in the wake of the CPI release. The euro fell to USD1.0703 on Tu

Oil prices waver after large US inventory build

Published at Thu, Feb 15 2024 - 3:19 pm

Oil prices extended losses on Thursday amid signs of flagging energy demand in the US, but gold rebounded, though it remained just below the USD2,000 mark.

A barrel of Brent fetched USD81.10 on Thursday, down from USD82.97 on Wednesday. West Texas