USD CAD

USD/CAD put in a massive spike last week after a threat of 25% tariffs on Canada, but when that move pulled back buyers continued to hold support at the key level of 1.4000.

USD/CAD may test the November high (1.4178) as it appears to be defending the rally following the US election.

Sr. Technical Strategist Michael Boutros highlights the levels that matter on the USD Majors, commodities & stocks into the weekly / monthly open.

EUR/USD and AUD/USD are heading into their strongest month, hinting at rally potential after November drops.

USD/CAD surged to fresh yearly highs as Trump threatens a 25% tariff on Canada- bulls vulnerable into major resistance. Battle lines drawn on the weekly technical chart.

USD/CAD rises after Trump’s tariff threat. DAX falls on trade worries.

Trump’s tariff threats send shockwaves through markets, driving the USD higher as trade-reliant currencies plunge. USD/CAD breaks to pandemic highs, while AUD and NZD reel from fears of escalating protectionism.

The depreciation in USD/CAD may turn out to be temporary as the US Personal Consumption Expenditure (PCE) Price Index is anticipated to show sticky inflation.

USD/CAD continues to register a fresh yearly high (1.4106) after clearing the 2022 high (1.3978).

The US Dollar has continued its rally after Trump’s win and last week’s FOMC rate decision, and DXY is now testing some unfilled gap from last November’s FOMC meeting.

USD/CAD is on the cusp of testing the 2022 high (1.3978) as it pushes above the opening range for November.

The USD rally has continued and DXY is nearing some key points of range resistance. EUR/USD is tanking and 1.0500 is the next logical spot of support potential. But it’s USD/CAD with the 1.4000 level that’s of interest for USD pullback scenarios.

USD/CAD snapped a five-week winning streak with the November opening-range now poised for a breakout post-US elections. Battle lines drawn on the weekly technical chart.

USD/CAD still holds below the monthly high (1.3959) as the Federal Reserve delivers a dovish rate-cut.

USD/CAD erased the early-week sell-off with the Trump rally now poised for a test of technical resistance. Battle lines drawn on the short-term charts into the Fed.

The US Dollar is pulling back on election day and the currency is no longer overbought on the daily chart. In this webinar I looked at several election-related setups and in this article I look at a few of those in USD, EUR/USD, USD/JPY and USD/CAD.

USD/CAD appears to be reversing ahead of the 2022 high (1.3978) as the Relative Strength Index (RSI) falls back from overbought territory.