Tag - cad - canadian dollar

USD/CAD Showing Some Life Finally
USD/CAD Showing Some Life Finally

USD/CAD managed to bounce off its support area mentioned in our previous report at 1.2060’s and continued to rise throughout yesterday’s trading reaching as high as 1.2141

Take a look at USD/CAD
Take a look at USD/CAD

USD/CAD has been trading within a tight range for over two weeks now and holding well above 1.2050’s. Read more!

Gold, USD/CAD, and EUR/USD on April 22
Gold, USD/CAD, and EUR/USD on April 22

EUR/USD is moving sideways ahead of the ECB meeting. USD/CAD dropped after the hawkish action of the Bank of Canada. The earnings season is underway!

EUR/USD and gold on April 5-9
EUR/USD and gold on April 5-9

Europe’s poor vaccination rollout keeps pressing down the euro. Unlike Europe, the USA is in a much better position now. Thus, EUR/USD is likely to dip further this week. Gold is likely to fall as well amid the strong USD. Watch the video to get more trade ideas for this week!

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