CAD

ICYMI: U.K. suspends trade negotiations with Canada

USDCAD corrects lower today but does find support buyers at the 200 day MA. What next?

• The 200-day MA comes in at 1.3483. Watching 1.3517 as next target followed by the high from last week at 1.3541.

Canada November weekly earnings +4.1% y/y vs +3.9% prior

• Canadian November weekly earnings data

Canadian dollar falls after the Bank of Canada decision. What's next

• USD/CAD rises 57 pips to 1.3517

A technical look at the three commodity currencies - the USDCAD, AUDUSD and NZDUSD.

• What is driving those currency pairs in trading on January 24, 2024

USDCAD surges after BOC rate decision, Hinting at potential upside momentum technically

• USDCAD price rises above 100/200 hour MAs at 1.3465, indicating a possible continuation of upward trend.

The BOC rate decision looms ahead. What are the technicals saying ahead of that decision?

• The bias is tilted to the downside now, with work to do. What would tilt the bias even lower or turn the bias around?

Canada Dec new housing price index 0.0% vs -0.2% prior

• Canadian data for December

USDCAD Technical Analysis - Key breakout in sight

• The USDCAD pair continues to march higher. What's next?

USDCAD muddles along to start the trading week. What levels are in play and why today?

• USDCAD finds support near 200 bar MA, potential resistance near 200 day MA.

Boost from Canadian consumers won't last - CIBC

• December advance retail sales were strong but CIBC says it won't last

Canada November retail sales -0.2% vs 0.0% expected

• Canadian November 2023 retail sales data and December advance estimate

Dollar fails to seal the deal against the commodity currencies this week

• It was promising from a technical standpoint, all before the turnaround started yesterday

USDCAD Technical Analysis - Watch what happens around this key trendline

• The USDCAD pair continues to run higher amid strong US data. What’s next?

The USDCAD bounces off support at the 200 day MA today keeping the buyers in control

• Although the USDCAD price is above the 200-day MA, the 50% midpoint of the move down from the November 2023 high remains a key target needed to get above to increase the bullish bias.