USDCAD

Hi Traders, we had a trade on USDCAD H1 time-frame that today 04 April 23 the market already moved +1600 points of profit after the  red candle and the volume confirmations appeared. Take a look at this huge movement: This…

USD/CAD TECHNICAL FORECAST:The Canadian dollar rallies at the start of the week, supported by surging oil pricesEnergy markets soar on Monday after OPEC+ announces unexpected move to cut crude production from May onwardsUSD/CAD breaks…

Share: USD/CAD pares intraday losses at the lowest levels in six weeks. Clear downside break of…

#USDCAD: Important Breakout 🔻USDCAD broke and closed below a solid horizontal demand cluster on a daily. The broken structure turned into resistance now. Probabilities will be high to see a bearish move from that.…

CANADIAN DOLLAR OUTLOOK:USD/CAD extends losses amid positive market sentimentHigher oil prices also benefit the Canadian dollarThe pair seems to be on the verge of invalidating a key technical support zone, a bearish signal for price…

Share: USD/CAD bulls eye a move towards neckline resistance.  Bears seek a continuation and break of…

CANADIAN DOLLAR OUTLOOK:USD/CAD deepens pullback as market mood improves and oil extends its recoveryThe Canadian dollar retains a constructive technical outlook for nowHigh-beta currencies, however, remain in a vulnerable position and…

Number of traders net-short has decreased by 24.20% from last week.SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OIUSD/CADBEARISH51.97%48.03%15.54% Daily64.06% Weekly-16.80% Daily-24.20% Weekly-2.63%…

The Euro retreated near the 1.0940 resistance level mentioned in our previous report due to profit-taking ahead of the weekly close.Looking at the short-term price action, we can see that the pair is trading in an…

Share: USD/CAD is gauging an intermediate cushion near 1.3700 as USD Index looks firm. A recovery in…