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Will BOC Fuel Loonie Breakout Tomorrow?

CAD Under PressureThe Canadian Dollar is weakening today ahead of the upcoming Bank of Canada meeting tomorrow. On the back of data last week showing a fresh drop in inflation, traders are sensing the...

USDCAD H1 | Potential Bullish Reversal

TitleUSDCAD H1 | Potential Bullish ReversalTypeBullish BouncePreference:Price is falling towards the pivot point of 1.3670 which is a pullback support that aligns with the 38.2% Fibonacci retracement...

'Trump -Trade' Revival Weighing on CAD

Loonie in FocusThe Loonie will be in focus today with the latest monthly Canadian CPI data due this afternoon.  CAD has been weaker over the last 24 hours in response to a surge in expectations that...

USDCAD H4 | Bearish reversal

TitleUSDCAD H4 | Bearish reversalTypeBearish ReversalPreference:Price is rising toward the pivot of 1.3663, a pullback resistance close to 38.2% Fibo retracement. a reverse from this level could lead...

USDCAD H4 | Bearish Drop

TitleUSDCAD H4 | Bearish DropTypeBearish ReversalPreference:Price is rising toward the pivot point of 1.3776, a multi-swing high resistance close to the 161.8% Fibonacci extension level. A drop from...

Bitcoin Forecast: Potential Price Rise Ahead

The price of Bitcoin tested the psychological support level of 60000 and formed the piercing line at the end of the trading day. This level also acts as a bearish trap, and the price of Bitcoin keeps...

USDCAD H4 | Bearish reversal

TitleUSDCAD H4 | Bearish reversalTypeBearish ReversalPreference:Price is rising toward the pivot point of 1.3682, an overlap resistance close to the 38.2% Fibonacci retracement level. A reversal from...

The Greenback Takes Center Stage on Hawkish Fed Comments, Hot Canadian CPI

The US Dollar has surged, catching many off guard with a potent one-two punch. The initial catalyst came from Federal Reserve member Michelle Bowman, whose hawkish remarks underscored that a rate cut...

USDCAD H4 I Bullish Bounce

TitleUSDCAD H4 I Bullish BounceTypeBullish BouncePreference:Price is falling toward the pivot of 1.3656, a pullback support level close to 127.2% Fibo extension. A bounce from this level could lead...