Canadian Dollar

USD/CAD finished the year above 1.4000 for the first time since 2002. Threats of tariffs from President-elect Trump have had a big impact in USD/CAD, but this can also bring risk to the U.S. side of the equation.

USD/CAD is closing out its strongest year since 2015. But that prior episode led to a mean-reverting market that held for the next nine years.

While the Trump bump may have been the catalyst, the USD/CAD rally was largely driven by extremes in both sentiment and momentum. A breakdown of the Loonie breakout.

USD/CAD surged to fresh yearly highs - bulls vulnerable into major resistance. Battle lines drawn on the weekly technical chart.

Tariff threats have weakened the CAD and strengthened the US Dollar, but it seems that Trump is joking while Canadian Premiers have started to propose pre-emptive threats.

The USD/CAD rally extended into uptrend resistance ahead of tomorrow’s Bank of Canada rate decision. Battle lines drawn on the USD/CAD short-term charts.

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 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 tested above a major level last week of 1.4000, which hadn’t traded in more than four years. So far this week sellers have sunk price back below that level, but can they hold it into week and month-end?

The Trump rally failed at technical resistance last week with a two-day plunge testing the first line of defense. Battle lines drawn on the USD/CAD short-term charts.

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.