Tag: CAD
USDCAD Reaches First Target – Price Forecast for December 3, 2024
Jennifer -
The USDCAD price saw positive movement yesterday, reaching the 1.4080$ level. It found solid support at the broken bullish channel support, now rising to...
CADJPY Faces Bearish Momentum – Forecast for November 27, 2024
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The CADJPY currency pair closed the latest trading session with a negative finish, settling below the 38.2% Fibonacci retracement level at 109.30. This move...
GBPCAD Activates Bearish Correctional Trend – Forecast for November 11, 2024
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Despite trading within a bullish channel, the GBPCAD currency pair has faced consistent pressure below the 1.8110 barrier, signaling a shift towards a correctional...
CADJPY Forecast: Bullish Trend Continues as Prices Rise
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The CADJPY has confirmed a breakout above the 109.30 barrier, moving past the 55-day moving average (MA55) and beginning to show significant gains, currently...
AUDCAD Forecast Update – October 18, 2024
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The AUDCAD pair continues to maintain a bullish trajectory, settling above the key support level of 0.9145. Recently, it has formed a bullish rally...
CAD/JPY Price Forecast Update – October 16, 2024
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The CAD/JPY currency pair is currently under negative pressure, influenced by the resistance level at 109.75 and persistent negative momentum from major indicators. Recently,...
Which Currency Is Very Powerful?
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In the world of finance, the concept of currency strength plays a crucial role in international trade, investment strategies, and economic stability. Currency strength...
CADJPY Resumes Upward Trend: Forecast for September 26, 2024
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The CADJPY currency pair has successfully continued its correctional bullish trajectory, surpassing the 50% Fibonacci retracement level at 106.35. This move has enabled it...
How Much Is $1 US in Canada?
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In an increasingly globalized world, currency exchange rates play a crucial role in international commerce, travel, and personal finance. For individuals and businesses alike,...
USD/CAD Forecast: September 23, 2024 – USD/CAD Outlook
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The USD/CAD pair is currently hovering around the $1.3562 level, making efforts to maintain stability above this support, which sustains the potential for a...
CAD/JPY Holds Above Key Support – Forecast for September 18, 2024
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The CAD/JPY currency pair has demonstrated resilience against negative pressures, closing positively above the crucial support level of 102.80. The price has rallied past...
CADJPY Faces Strong Support: Forecast for September 13, 2024
Jennifer -
On September 12, 2024, the CADJPY currency pair encountered robust support at the 61.8% Fibonacci retracement level, stabilizing at 103.50. This level has proven...