Tag: CAD
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
Jennifer -
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
Jennifer -
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...
The CAD/JPY Pair Gears Up for a Positive Resumption
Jennifer -
In recent trading sessions, the CAD/JPY currency pair has exhibited tentative upward movements, despite facing some resistance from bearish stochastic indicators. The pair managed...
USD/CAD Fails to Sustain Break Above 1.3680
Jennifer -
The USD/CAD pair has encountered difficulty in maintaining its position above the 1.3680 level, leading to a subsequent bearish reversal. As a result, the...