The weekly chart is showing signs of a technical reversal after posting three up-weeks in a row and forming a Japanese candlestick pattern called a 'three white soldiers', which is a sign of a bull…
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The Canadian Dollar handed back earlier gains Friday after official data showed the nation's labour market wobbling in August, countering optimism that prevailed after a Bank of Canada (B…
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USD/CAD chart adopts a "different complexion" after bullish channel breakout show latest post-BoC technical studies.
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The Canadian Dollar weakened a touch Wednesday after the Bank of Canada (BoC) left its interest rate unchanged for December as many had expected, leaving investors to focus on mounting ri…
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GBP/CAD has recovered on NAFTA risks and Brexit progress and the charts suggest the pair may be reversing the down-trend on a short-term basis. The main release for the Pound is sector PMI data and…
Read more … →The Canadian Dollar was on the back foot Friday and is expected to remain on the defensive ahead of a pivotal announcement covering the outcome of North American Free Trade Agreement (NAFTA) negoti…
Read more … →The Canadian Dollar extended losses Thursday after official data showed economic growth picking up sharply in the second quarter but at a slower than expected pace, which may now cast doubt over&nb…
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