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Tag: 100period

USD/CAD Price Outlook: Buyers are in control while remaining above the 100-period SMA on the H4 chart, close to 1.3675

USD/CAD Price Outlook: Buyers are in control while remaining above the 100-period SMA on the H4 chart, close to 1.3675

USD/CAD sees some buying interest as declining oil prices put pressure on the currency pair. The moderate weakness of the USD seems to overshadow significant gains in spot prices. The current technical setup warrants a closer examination. The USD/CAD currency pair has shown some upward movement, bouncing back from the previous day’s range of 1.3680-1.3675, […]

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