USD/CAD Update 21/08: Remains Close to 200 Day EMA (Video)
Created on August 21, 2025 Potential signals: I’m optimistic about this currency pair. With a breach of the 200-day EMA, I plan to keep buying, aiming for targets around 1.38 and 1.3990. On Wednesday, trading was relatively subdued, with the US dollar fluctuating slightly against the Canadian dollar within a narrow band. The 200-day EMA […]
USD/CAD strengthens while the dollar remains stable, attention on Canada’s CPI.
The Canadian dollar lost earlier gains, with USD/CAD rising to 1.3800 during the early US sessions. The US dollar is making a slight recovery in light of the Trump-Zelensky meeting and an upcoming week packed with data, including the Federal Reserve Minutes and Jackson Hole discussions. Traders seem cautious ahead of Tuesday’s Canadian CPI report, […]
USD/CAD stays under 1.3800 as Oil prices rise before US inflation report
USD/CAD faces some challenges as the Canadian dollar benefits from rising crude oil prices. Oil prices increased following improved market sentiment after the Trump administration delayed tariff implementations in China. The Canadian dollar could feel pressure as expectations for Bank of Canada rate changes strengthen, particularly after recent disappointing employment figures. The USD/CAD pair has […]
U.S. Dollar Tries to Recover After Recent Drop: Overview for EUR/USD, GBP/USD, USD/CAD, USD/JPY
In a recent development, the cryptocurrency market continues to face significant fluctuations. Many investors are grappling with the volatility, which has sparked both concern and excitement. Some experts believe that the current downturn could be a natural correction, while others fear it might indicate a deeper issue within the market structure. Interestingly, cryptocurrencies have seen […]
USD/CAD gains momentum above 1.3850 as Trump increases tariff on Canada to 35%
The USD/CAD pair is expected to strengthen around 1.3855 in the early Asian trading session on Friday. President Trump has increased tariff rates on Canadian goods from 25% to 35%, according to a statement from the White House. Attention will be focused on the US Non-Farm Payroll (NFP) report scheduled for later on Friday. The […]
USD/CAD Outlook for 30/07: Rises Ahead of Fed and BoC
The US dollar is gaining strength against the Canadian dollar in today’s trading session. This shift is largely due to interest rate announcements from both the Bank of Canada and the Federal Reserve. In the end, the spotlight is likely to remain on the US, though it’s clear that traders are paying attention to the […]
USD/CAD Prediction for 10/07: Double Bottom Formation (Chart)
The US dollar showed initial strength in Wednesday’s trading session, but it didn’t maintain momentum against the Canadian dollar. We seem to be attempting to establish a significant “double bottom,” so it’ll be interesting to see how this develops moving forward. The FOMC meeting minutes will be released later, but the Federal Reserve’s intentions have […]
USD/CAD Price Outlook: Remains challenged close to 20-day EMA
USD/CAD is holding steady around 1.3700 as traders await updates regarding US trade discussions. FOMC minutes indicate that most members are not in favor of any short-term interest rate cuts. Canadian employment data for June is expected on Friday. The USD/CAD pair is trading within a narrow band near 1.3700 during Thursday’s Asian session. The […]
USD/CAD Price Prediction: Anticipates a significant drop below 1.3500
USD/CAD is experiencing selling pressure as the US dollar weakens following disappointing US Non-Farm Payroll (NFP) data. Growth in private sector jobs has slowed down considerably, whereas the public sector has shown unexpected strength. Increased tariffs by the US on Canada have dampened the outlook for the Canadian dollar. The USD/CAD exchange rate dipped to […]
USD/CAD rises as Powell from the Fed keeps a firm stance.
USD/CAD is increasing as Powell’s comments at the ECB Forum heighten expectations for rate cuts that were previously reduced in September. Federal Reserve Chairman Powell stated: “If the US economy remains solid, we should be cautious and wait.” PMI and JOLTS job data from the US ISM manufacturing sector have exceeded expectations, indicating a resilient […]