USD/CAD shows mixed signals with potential for upward movement but uncertainty remains.

Ari Goldman 2018.01.23 16:00 #421

USD/CAD looks tasty to go long.

mtllc 2018.01.29 17:44 #422

The pair is consolidating below the lower bound of latest range and the short term outlook remains relatively neutral.

Ari Goldman 2018.02.02 17:37 #423

Price moved up a bit, hopefully it will continue to go higher.

mtllc 2018.02.02 17:47 #424

Better than expected data pushed the pair above 61.8% Fibo and the top of the weekly range. Possible next target is 1.2415.

mtllc 2018.02.07 19:30 #425

The US dollar pushed higher against the Canadian dollar today. Currently the pair is testing yesterday’s high and according to indicators on the H4 bulls will try to regain the 1.26 level.

Ari Goldman 2018.02.09 11:51 #426

Nice move to the upside!

Ari Goldman 2018.02.12 11:56 #427

USD/CAD would make a good short at 1.28.

mtllc 2018.02.12 19:51 #428

The pair bounced from the daily low and despite the relatively good upward momentum, I doubt that will reach 1.2630

mtllc 2018.02.22 12:55 #429

The pair is showing good upwards strength and bulls are eyeing 1.27.

fxstrategist007 2018.02.23 00:12 #430

The USDCAD has broken above the 200 day EMA at the 1.2681 level, but it comes back down as the price of oil rallies on the lower than expected oil inventories in the US. The 200 day EMA may act as support, but the pair may break below that level if oil keeps rising.

GBP/USD forecast Eurusd/gbpusd USD/JPY Analysis

USD/CAD Analysis - page 43