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GBP/CAD Price Analysis: Struggle With 21-DMA Continues As Bulls Fight For Control
Article By:
Dhwani Mehta
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Tuesday, May 25, 2021 7:00 AM EDT
GBP/CAD remains stuck in a tight range around 21-DMA. Daily RSI stays bearish, pointing to limited upside. The cross awaits fresh impetus to extend the rebound.
Canadian Dollar Positioning Looking Stretched, EUR/USD Bulls Rising - COT Report
Canadian Dollar Forecast: USD/CAD Probes For Low Loonie Levels
Article By:
DailyFX
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Monday, May 24, 2021 1:47 PM EDT
It was an ideal backdrop for USD/CAD bears over the past month. While USD/CAD was grinding resistance at a familiar Fibonacci level in late-April, the most recent Bank of Canada rate decision saw the bank take a turn towards post-pandemic policy.
Forex Forecast: Pairs In Focus - Sunday, May 23
Article By:
Daily Forex
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Sunday, May 23, 2021 11:40 AM EDT
It is a fairly good time to be trading markets right now, as there are a couple of valid long-term bullish trends in favor of the Canadian dollar and gold against the U.S. dollar.
Trading Support And Resistance - Sunday, May 23
Article By:
Daily Forex
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Sunday, May 23, 2021 10:10 AM EDT
The Forex market showed a slightly increased level of volatility last week, with 20% of the important currency pairs and crosses again moving by more than 1% in value. Volatility is likely to remain relatively low over the coming week.
USD/CAD Forecast May 24-28 – Retail Sales Show Strong Growth
Article By:
Yohay Elam
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Sunday, May 23, 2021 3:59 AM EDT
The Canadian dollar posted small gains last week, as USD/CAD dropped close to the symbolic 1.20 level. Here is an outlook for the highlights and an updated technical analysis for USD/CAD.
G10 FX Week Ahead: We Need To Talk About Deficits
Article By:
ING Economics
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Saturday, May 22, 2021 6:57 PM EDT
In a quiet week for events, FX markets might wake up and take note of the advanced release of the US April trade balance. This is expected to show a record $92bn deficit. Does the dollar need to cheapen?
Now What Does Bitcoin Say About The Dollar And The US?
Article By:
Marc Chandler
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Wednesday, May 19, 2021 6:57 AM EDT
Back when Bitcoin first rose above $50k, many people claimed that it said something about Fed policy or about the role of the dollar, or even the US, in the world. And now?
Another Tough Day For Markets
Article By:
Vivian Lewis
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Monday, May 17, 2021 8:09 PM EDT
The stock market resumed its negativism today mainly linked to fear of inflation and higher interest rates, on the argument that the most dangerous thing to believe is “it's different this time.”
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