FX.co ★ Analytics USDCAD | US Dollar (USD) to the Canadian Dollar (CAD) Rate in the Forex market
Forex Analysis
USD/CAD. Analysis and Forecast
Today, the USD/CAD pair continues its steady intraday pullback from the highest level since March 2020. The decline can be attributed to some profit-taking amid overbought conditions on the daily...
Relevance until2024-12-20
Analytical expert:
2024-12-19
Forex Analysis
USD/CAD. Analysis and Forecast
For the fourth consecutive day, the USD/CAD pair continues to attract buyers, retesting its highest level since April 2020 around the 1.4280 zone. This upward movement is driven...
Relevance until2024-12-18
Analytical expert:
2024-12-17
Forex Analysis
Weekly Forecast Based on Simplified Wave Analysis for EUR/USD, USD/JPY, GBP/JPY, USD/CAD, NZD/USD, and Gold – December 16
EUR/USD Analysis: The short-term trend direction for the euro major pair is driven by an incomplete bearish wave from August 26. Within this wave structure, the corrective segment (B)...
Relevance until2024-12-20
Analytical expert:
2024-12-16
Forex Analysis
USD/CAD: Analysis and Forecast
Today, the USD/CAD pair has reached a new multi-year high last seen in April 2020. The Canadian dollar continues to face pressure due to the Bank of Canada's aggressive monetary...
Relevance until2024-12-14
Analytical expert:
2024-12-13
Forex Analysis
Intraday Strategies for Beginner Traders on December 12
The euro continues to face challenges, and there are objective reasons for this, which we will discuss below. On the other hand, the pound is showing more resilience under current...
Relevance until2024-12-13
Analytical expert:
2024-12-12
Forex Analysis
Weekly Forecast Using Simplified Wave Analysis for EUR/USD, USD/JPY, GBP/JPY, USD/CAD, NZD/USD, and Gold as of December 10
Analysis:The bearish wave that began in August continues to develop. The bullish wave forming since late November remains corrective, with its level not exceeding the retracement of the prior trend...
Relevance until2024-12-15
Analytical expert:
2024-12-10
Forex Analysis
USD/CAD: The Pair Reaches a Multi-Year High
Today, the USD/CAD pair is trading with a positive tone for the third consecutive day, climbing to a new multi-year high. The short-term fundamental backdrop favors the bulls, suggesting that...
Relevance until2024-12-11
Analytical expert:
2024-12-10
Forex Analysis
USD/CAD: Analysis and Forecast
Today, the USD/CAD pair is regaining positive momentum as lower crude oil prices weaken the Canadian dollar. Crude oil prices remain under pressure for the third consecutive...
Relevance until2024-12-07
Analytical expert:
2024-12-06
Forex Analysis
USD/CAD: Limited Declines Amid Mixed Influences
Today, USD/CAD is declining amid U.S. dollar weakness; this interrupts a three-day winning streak. However, significant drops in the pair are unlikely ahead of Friday's crucial monthly employment data from...
Relevance until2024-12-06
Analytical expert:
2024-12-05
Forex Analysis
Forex forecast 03/12/2024: EUR/USD, USD/CAD, Oil and Bitcoin
Video Agenda: 00:00 INTRO 00:13 Totay's key events: BRC Retail Sales Monitor, JOLTS Job Openings, API Weekly Crude Oil Stock 01:20 EUR/USD 03:45 USD/CAD 06:28 OIL 08:36 BTC/USD Useful links...
Relevance until2024-12-04
Analytical expert:
2024-12-03