Tag: CAD
GBPCAD Encounters Significant Resistance
Jennifer -
The GBPCAD currency pair has recently encountered a robust barrier at the 1.6770 level during its last bullish correction, acting as a deterrent to...
The AUDCAD Bears Retain Control
Jennifer -
While the AUDCAD price exhibited some bullish correctional movements, the broader perspective remains entrenched in bearish territory. The main resistance at 0.8780 has held...
USDCAD Breaks Key Support, Initiates Bearish Momentum
Jennifer -
The USDCAD currency pair decisively breached the crucial 1.3680 support level and concluded the previous trading week below this pivotal mark. This development has...
CADJPY Revisits Broken Support Line, Bearish Sentiment Persists
Jennifer -
The CADJPY currency pair recently made an effort to stage a correctional rally, probing the once-supportive boundary of a bullish channel. However, this boundary...
USDCAD Faces Downward Pressure
Jennifer -
The USDCAD pair has been experiencing a decline, nearing the critical support level at 1.3680. Concurrently, the stochastic oscillator has entered the oversold territory,...
AUDCAD Poised for Decline
Jennifer -
The AUDCAD pair appears poised for further downside as it remains firmly within a bearish channel, showing a repeated pattern of stability within these...
Gold Prices Decline as US 10-Year Yields Rise and WTI Crude Oil Climbs
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Gold prices experienced a decline on Tuesday, coinciding with a rise in US 10-year Treasury yields and an ascent in West Texas Intermediate (WTI)...
USDCAD Makes a Bearish Attempt
Jennifer -
The USDCAD pair recently encountered some temporary downward pressure in its trading sessions. However, it managed to find support and rebounded, particularly as it...
CADJPY Faces Resistance in Rising Efforts
Jennifer -
The CADJPY currency pair is encountering resistance in its efforts to rise. While it has been consolidating within a bullish channel, the pair's inability...
GBPCAD Exits Bullish Track, Entering Bearish Phase
Jennifer -
The GBPCAD pair has recently succumbed to downward pressure, breaking below the minor bullish channel's support line at 1.7040. It has formed a series...
Which currency is stronger than usd: A Comparative Analysis
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The strength of a currency is a critical factor in global economics and finance. A strong currency can reflect a robust economy and stable...
EUR/CAD Pair Shows Bearish Momentum
Jennifer -
The EUR/CAD currency pair has reaffirmed its bearish stance as it recently dipped below the 1.4600 level. This move suggests a potential resurgence of...