USD/CAD Forex Forecasts - Forex Trading Forecasts

This section features USD/CAD forecasts for today, tomorrow, and for a week. Here you can figure out the general situation and make your personal decision whether to follow this analytics or not. USDCAD currency pair is one of the most popular on the market; it is much in demand with currency traders. The share of this pair in the total trade volume is about 10%. Compared to US dollar, Canadian dollar (the "loonie") gains in weight more steadily over the course of a few decades. Canadian dollar is a commodity currency and is influenced by prices on various raw materials, including oil.

JustForex
USD/CAD keeps trading in a flat

The technical picture is ambiguous. Positions should be opened from the local support and resistance levels 1.33300 and 1.33700. Keep an eye...

FIBO Group
CAD brushes off strong GDP figures

The Canadian dollar finished the week off on a lower note which was surprising given the better than expected GDP numbers released for m Canada on Friday...

OctaFX
USD/CAD downside calling

USD/CAD is trading just above a flat 200-period simple moving average suggesting a sideways market. USD/CAD bears objective is to break below...

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FIBO Group
Time to focus on Canadian dollar?

With all of the uncertainty, surrounding the British Pound and the Euro it might be time to look elsewhere and the Canadian dollar might be a good place to start...

HYCM
USD/CAD to trend lower in medium term

According to Richard Franulovich, Head of FX Strategy at Westpac, CAD is a casualty like AUD of rising EM risks via weaker global growth and lower terms of trade...

HYCM
USD/CAD sticks to daily gains 1.3080

The ongoing USD upsurge helps stall this week's retracement slide and regain some traction. Weaker crude oil prices undermine Loonie and further...


HYCM
USD/CAD corrects from 1-year tops

A follow through USD retracement prompts some profit-taking on Friday. A goodish pickup in oil prices underpin Loonie and add to...

HYCM
USD/CAD climbs to fresh 2018 tops

The greenback picks up further pace vs. CAD around 1.3280. US-CA 2-year yield spread widen further, supporting the buck. US Housing Starts and Building Permits...

FXTM
CAD lifts on rate rise prospects

The Canadian economy has been the big talking point of this afternoon with the Bank of Canada (BoC) keeping rates flat at 1.25%. The major change though...

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HYCM
CAD consolidates near month tops

The pair has managed to hold with modest gains and seemed rather unaffected by the recent US political turmoil, which has led to some renewed...

FXTM
American markets lead trading

The USDCAD has been the trade of Monday as we've seen a major technical breakout on the charts. This is surprising for the most part as the USD has not had a great day...

HotForex
USDCAD retraces 50% of overnight losses

The dollar remained on a back foot following Trump’s apparent hitting of the trade way button, although it remains to be seen how targeted his proposed...


FXTM
CAD slips further on retail figures

The Canadian dollar has come back sharply into focus today, as retail sales data disappointed the market. While the figure of -0.8% m/m was much...

HotForex
A notable laggard amid USD weakness

CAD remains a notable laggard amid sustained USD weakness, close to unchanged vs the USD 2018 YTD vs more meaningful gains for JPY...

FXTM
NAFTA rumours put pressure on CAD

The USD has had a serious case of whip lash today across the major pairs after speculation was rife in the market that Trump would look to...

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FXTM
USDCAD takes spotlight

During this period markets don't traditionally move much, but in this case it has been all very exciting with certain equity markets reaching...

FXTM
Canadian GDP disappoints

The Canadian dollar struggled to make any sort of traction today in the markets as the August GDP reading came in at -0.1% (0.1% exp)...

JustForex
BoC Won't Rush to Raise Interest Rates

The Bank of Canada raised the key interest rate twice this year. At yesterday's meeting, the regulator left the monetary policy unchanged...


Fort Financial Services
USD/CAD presents a modest bearish tone

The 1.2500 handle not only stopped the spot but also rejected it towards 1.2550. The resistance is at 1.2600, the support stands 1.2500...

HYCM
USD/CAD retreats from monthly tops

USD/CAD pair struggled to sustain early strength beyond the key 1.25 psychological mark and has now dropped to fresh session lows, near the 1.2470 region...

HYCM
USD/CAD bounces off 2-week lows

The USD/CAD pair extended overnight slump and slipped below the 1.26 handle, to its lowest level in nearly 2-weeks during the early...


HotForex
USD/CAD stalls recent recovery move

The USD/CAD pair snapped four consecutive days of winning streak and stalled its ongoing recovery move from 25-month lows. The buck remained under some...

Technical Analysis: USD/CAD, USD/CHF

CAD gained against the USD continuing the trend seen in May and June. This boost in the Loonie was largely due to Canadian employment indicators...

Windsor Brokers
Loonie jumped vs greenback

Canadian dollar rallied to the session high at 1.3247 against the US dollar, inflated by upbeat data. Canada retail sales showed larger than expected...


Technical Analysis: USD/CAD - GBP/USD

The USD/CAD pair was broken through a number of strong psychological support levels (1.3400, 1.3300, 1.3200) and has dropped down to its 5-months minimum and started to correct. It is believed that CAD still has potential to consolidate...

FxPro
Test 20-day SMA Resistance

USD/CAD has plunged 2.5% from May 5th to 24th caused by rising oil prices. The trend has turned to an upswing since May 24th...

Fort Financial Services
USD/CAD traded flat in a tight range

A buying interest emerged at noon. The sport started a fresh rally and reversed...


Fort Financial Services
USD/CAD remained in an ascending channel

The price sharply dropped in the mid-Asian session. The spot bounced off the upper limit of the channel and fell to its lower one...

Fort Financial Services
Canadian dollar lost its upside momentum

The US dollar bounced off 1.3330 and recovered up to 1.3375 where the buying momentum faded. The price turned around in the mid-Asian session...

USD/CAD Trades Below Major Resistance

The Fed Chair Yellen made a speech on 3rd Mar, stating that We currently judge that it will be appropriate to gradually increase the federal funds rate if the economic data continue to come in about as we expect...


  


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