USD/CAD Eyes 1.4130 as Oil Rout and USMCA Fears Batter Loonie
USD/CAD holds strong as tumbling crude oil prices and looming USMCA renegotiation risks prevent the Canadian dollar from joining the broader global risk-on rally.
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Recently added · Page 1USDCAD Soars Above Key Swing Area on Strong Canadian GDP and Technical Momentum
USDCAD has broken above a key swing area supported by stronger Canadian GDP and technical momentum, signaling a bullish trend as buyers maintain control above 1.3924 with upside targets near 1.3984.
USDCAD Slides Near Seven-Month Low as Fed Rate Doubts and Oil Drop Weigh
USDCAD weakened to a near seven-month low amid rising U.S. dollar strength, driven by strong payroll data, Fed rate cut doubts, and a drop in oil prices affecting Canadian exports.
USDCAD Soars Past Key Resistance as Buyers Eye 1.4100 and Beyond
USDCAD broke key resistance near 1.4010-1.4026, reaching a multi-month high around 1.4079. Buyers hold support, maintaining a short-term bullish bias with potential to target 1.4100 and higher levels…
USDCAD Soars on Technical Breakout Above Key Retracement Level, Eyes 1.4169 Target
USDCAD broke above a key 38.2% retracement level, establishing strong support and a bullish bias with potential to retest 1.4074 and target 1.4169 if momentum holds.
USDCAD Rebounds as It Challenges 200-Day Moving Average Resistance, Eyes Further Gains
USDCAD tests the 200-day moving average near 1.3964, a critical resistance point; a sustained break could trigger further upside momentum toward key retracement levels.
USDCAD Tests Key 200-day Moving Average After Bullish Breakout Attempt
USDCAD broke above key resistance and the 200-day MA but failed to sustain gains, now testing critical support. A decisive move below 200-day MA risks downside, while defending it could lead to renew…
USDCAD (USDCAD) Soars on 4H MA Break, Targets 1.39235 Resistance
USDCAD reclaimed the 4-hour 100/200 moving averages and is pressing toward resistance near 1.39235; failure to clear could revert toward ~1.3810, while a sustained break would target 1.3977. Short-te…