After a challenging week thus far, select currency pairs are offering set-ups in this choppy market. For example, GBPCAD appears to be pulling back within a daily uptrend and may present a reasonable ...
Canada’s inflation report was a little too hot to handle, helping the short USD/CAD setup suggested on Tuesday reach its target. Meanwhile, the EUR/USD long setup’s conditions weren’t met, though a ...
A big advance by the Canadian Dollar invites a deeper setback for the Pound to Canadian Dollar exchange rate (GBP/CAD). The Canadian Dollar jumped in value against the Pound, Euro and Dollar on Friday ...
Dollar/CAD Setup for Rally to 1.0262 From forexhound.com Fundamentally, the recent decision from the Bank of Canada to refrain from an interest rate hike and its forecast for a slow down in economic ...
At this time, two slow-moving Gann angles are providing both support and resistance. Resistance is coming from a downtrending angle from the 1.0323 (06-10-08) top at 1.0233. This is currently ...
If you caught my post last week, I said my favorite trade at this time is short USD/CAD. I was looking for a move to 1.0150 (at that time it was at 1.04), which was reached earlier today. Here’s the ...