Canadian Dollar Price Chart: USD/CAD Breakdown Plummets into Support

The Canadian Dollar has already covered the entire August range after USD/CAD reversed sharply from key resistance last week. The decline is now testing initial support and while the US Dollar could see some near-term recovery, the broader outlook remains weighted to the downside. These are the updated targets and invalidation levels that matter on […]

Australian Dollar Outlook in USD, CAD. Canadian Dollar May Acquire?

AUD/USD, AUD/CAD Technical Forecast Build confidence in your own Australian Dollar trading strategy with the help of our free guide! AUD/USD Technical Outlook – Neutral The Australian Dollar spent this past week trying to recover against initial weakness versus the US Dollar. On the AUD/USD daily chart below, this has resulted in the reinforcement of […]
USDCAD Rate Risks Bearish Behavior as Fed and BoC Take Different Paths

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