Tag - cad - canadian dollar

Let’s consider the key events with technical setups for the upcoming days.

It's likely that the pair is going to test the nearest resistance at 1.3391. However, if a pullback from this level happens little later on...

EUR/USD and EUR/CAD are the best options for today.

CAD/JPY is sensitive to the market sentiment: if risk appetite improves, the pair will rise, while if traders become risk-averse, the pair will fall.

The economic calendar is almost empty but we will use this as an opportunity to consider currency pairs from a longer-term perspective.

AUD/CAD met resistance at the line connecting December and March highs.

There's a 'Tower' pattern, which has been confirmed, so we've got an ongoing bearish correction...

The market awaits NFP

The release of the US and Canadian data at 15:30 MT time will bring substantial volatility to the pair.

If you want to stay updated with the most important events and news, then this video is for you!

As long as the price stays below 1.3370, the near-term focus will be on the 100-day MA at 1.3310.

The British pound and the Canadian dollar are expected to make some good moves today. Look at GBP/USD and USD/CAD