Tag: USDCAD technical analysis
USDCAD Price Action Approaches Hourly Moving Averages
The USDCAD had a downward movement and tested the support level at 1.3813 towards the end of the trading day, hitting a low of 1.3817 before slowing down. Thanks to early successes from the...
USDCAD Surges After Strong Jobs Report: Buyers Regain Control
The USDCAD has been moving upwards recently, starting from a low near 1.3472 on October 2. In the past eight trading days, the price has risen to a high of 1.37826. This surge brought...
USDCAD Drops to September 6 Low | Forexlive
USDCAD Hits Lowest Level Since September 6The USDCAD pair has taken a hit, dropping to its lowest level since September 6th as it follows the overall USD bias in the market. Currently trading at...
USDCAD Breaks Downward: Catalyst and Future Outlook | Forexlive
The USDCAD Breaks Downward: Understanding the CatalystThe USDCAD experienced a significant downward movement last week, with some buying activity observed against the 100 bar MA on the 4-hour chart. This moving average, currently situated...