Weekly Outlook (Oct 25 – 29, 2021) – Top Economic Events to Watch This Week
The broad-based US dollar failed to stop its previous session's bearish trend and was headed for the second week of losses as riskier assets Full Article
USD/CAD Keeps the Downtrend Going, as Canadian CPI Inflation Keeps Increasing
Inflation is picking up further in Canada, sending USD/CAD lower Full Article
US Crude Oil Above $80 Since 2014, USD/CAD Plunges Below Support
Oil is surging to 7-year highs, USD/CAD reverses down Full Article
USD/CAD Uncertain as GDP Numbers Come Up Mixed
USD/CAD remains uncertain above the 50 daily SMA after the GDP report for July Full Article
Buying USD/CAD As Retail Sales Decline in Canada
USD/CAD has retraced down, but it is finding support at MA, where we decided to go long Full Article
USD/CAD Continues the Bounce, After BOC Keeps Keeps the Same Bias
USD/CAD bounced off the 200 daily SMA yesterday and today the bullish momentum continues Full Article
Decisive Time for USD/CAD at the 50 Daily SMA, After Another miss in US Employment
USD/CAD should make a move now after the much-awaited US employment report has been released Full Article
USD/CAD Near Weekly Lows As WTI Rebounds
For the USD/CAD, the short-term trend is bearish. Let’s dig into the weekly technicals and see where this market stands. Full Article
USD/CAD Continues the Bullish Move Despite Inflation Jumping Higher in Canada
MAs keep pushing USD/CAD higher even as inflation jumps in Canada Full Article
USD/CAD Buying Opportunity In View
Bearish sentiment has dominated today’s trade of the USD/CAD. Let’s dig into the technicals and see where this market stands. Full Article
Daily Support Levels In View For The USD/CAD
Over the course of summer 2021, the USD/CAD has been bullish. This comes as a surprise given this year’s strength in WTI crude oil. Full Article
Buying USD/CAD at the 100 SMA, as Canadian Inflation Cools Off
USD/CAD pops higher after the cool off in CPI inflation for June Full Article
Buying USD/CAD After the Retrace Down, As Retail Sales Remain Negative for May
USD/CAD has formed a bullish reversing patter at the 20 daily SMA Full Article
Weekly Fibonacci Support On The Horizon For USD/CAD
Since late-May, the USD/CAD has moved steadily higher. Now, it appears as though the bullish trend is set to be challenged. Full Article
USD/CAD Retreating From the 200 SMA, After the Decline in Canadian Unemployment Rate
USD/CAD has been bullish for more than a month, but the 200 SMA is still holding as resistance Full Article
