CAD

Technical Analysis

USDCAD moved higher in the Asian session but after taking out recent highs rotated lower

USDCAD moved higher in the Asian session but after taking out recent highs rotated lower

  • The high moved above the August high at 1.3945 and recent highs at 1.3958, but fell short of the 2022 high at 1.3977 (high reached 1.39664)
Greg Michalowski
Tuesday, 12/11/2024 | 14:29 GMT
12/11/2024 | 14:29 GMT
News

Canada Sept building permits +11.5% vs +1.7% expected

Canada Sept building permits +11.5% vs +1.7% expected

  • Canada September building data
Adam Button
Tuesday, 12/11/2024 | 13:31 GMT
12/11/2024 | 13:31 GMT
Technical Analysis

USDCAD moves lower after testing ceiling area between 1.3945 and 1.3958

USDCAD moves lower after testing ceiling area between 1.3945 and 1.3958

  • Multiple highs within that area seen over the last 7 trading days
Greg Michalowski
Monday, 11/11/2024 | 17:56 GMT
11/11/2024 | 17:56 GMT
News

USD/CAD is once-again threatening a four-year high

USD/CAD is once-again threatening a four-year high

  • USD/CAD up 35 pips today
Adam Button
Monday, 11/11/2024 | 14:24 GMT
11/11/2024 | 14:24 GMT
Technical Analysis

The USDCAD remains within an up and down range this week, with the bias tilting to upside.

The USDCAD remains within an up and down range this week, with the bias tilting to upside.

  • The 100 and 200 hour MA at 1.38918 to 1.3904 is a bias defining level for next week. On the topside double top at 1.3958. ON the downside move below 1.38337.
Greg Michalowski
Friday, 08/11/2024 | 18:34 GMT
08/11/2024 | 18:34 GMT
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