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Tag: USD/CAD


Finance Tech, Liquidity

Canadian Dollar Outlook: USD/CAD Price Seeks Breakout Ahead of Canadian GDP

February 28, 2023

Via: DailyFX

The Canadian dollar has been at the mercy of USD dictatorship of recent as the markets continue its hawkish repricing of interest rate guidance for the Federal Reserve. Peak rates for 2023 have now pushed up above 5.4% while money […]


Finance Tech, Liquidity

US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY

January 10, 2023

Via: DailyFX

The US Dollar is testing a major spot of support… again. Coming into the year the USD had held the lows right around the same price that had come into play a couple of weeks prior, just after a CPI […]


Finance Tech, Liquidity

US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY

December 15, 2022

Via: DailyFX

Despite a somewhat hawkish tone from Chair Powell during the opening remarks of today’s rate decision, the US Dollar was unable to hold on to an earlier bounce that began after the release of the statement. The Greenback has since […]


Finance Tech, Liquidity

US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY

October 12, 2022

Via: DailyFX

When I last looked at the US Dollar on Thursday, the currency was setting up for yet another bullish breakout, showing an ascending triangle pattern with resistance at a familiar spot. That breakout has continued to run and we even […]