GBP/CAD reaches resistance and pulls back but it is too early to say whether this is a reversal or pause in the recovery. Both GBP and CAD eye inflation and retail sales data on their domesti…
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The Canadian Dollar remained on the front foot Wednesday after statements from President Donald Trump and other officials gave markets fresh hope that a deal to preserve the North American Free Tra…
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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…
Read more … →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…
Read more … →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…
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