The week will bring many important market events, be cautious!
Tag - cad - canadian dollar
On the H1 chart of NZD/CAD, the price once again bounced back from the local resistance level of 0.8404 and is on the way down to support at 0.8281.
Last week, the advance of GBP/CAD was contained by the 100-week MA at 1.71. On the D1, the pair closed yesterday below the 200-day MA at 1.6883.
The opportunities for the CAD and the GBP for the second day in a row
The GBP awaits the Brexit decision, EUR/USD met resistance, and the CAD rose after the election…
Today, the election in Canada will determine whether the Liberal Party Prime Minister Justin Trudeau or the Conservative Party leader Andrew Scheer will lead the government…
The week will bring us fresh updates on Brexit and the last ECB meeting with outgoing president Mario Draghi.
This week, special attention will be paid to the Brexit news and the ECB monetary policy meeting
AUD/CAD is trying to hold at some important long-term levels. A limited upside is possible from here.
USD/CAD has recently been actively testing levels below the July-September support line.
The escalation of the US-China trade dispute and the Brexit uncertainties keep affecting the market. Read more!
CAD/JPY has risen to 82.50 but met the resistance of the 50-day MA. The price action resembles a "Butterfly pattern". Learn more!