USD/CAD marches steady around 1.2880, after US manufacturing data
- ByFXStreet-
The USD/CAD pares some of Thursday’s losses after reaching a weekly high of around 1.2960s but retraced below 1.2900 as the greenback weakened ahead i
The USD/CAD pares some of Thursday’s losses after reaching a weekly high of around 1.2960s but retraced below 1.2900 as the greenback weakened ahead i
The Canadian dollar had the best half-year among the majors, still a loser but down the least of all the major currencies, and especially of the commo
The USD/CAD pair has surged strongly above the critical hurdle of 1.2920 as the US dollar index (DXY) has extended its recovery after overstepping 104
The medium-term trend on the USD/JPY currency pair is bullish. But sellers' pressure has been growing during the last few days.
USD/CAD fades bounce off intraday low around 1.2880 during Friday’s Asian session. In doing so, the Loonie pair remains pressured inside the familiar
In terms of technical analysis, the trend on the USD/CAD currency pair is bullish. But now, the price has started to form a corridor, and the MACD indicator has become inactive.
Type | 5 Min | 15 Min | Hourly | Daily | Monthly |
|---|---|---|---|---|---|
| Moving Averages | Sell | Strong Sell | Strong Sell | Buy | Strong Buy |
| Technical Indicators | Strong Sell | Strong Sell | Strong Sell | Sell | Strong Buy |
| Summary | Strong Sell | Strong Sell | Strong Sell | Neutral | Strong Buy |
Pattern | Timeframe | Reliability | Candles Ago | Candle Time | |
|---|---|---|---|---|---|
| Emerging Patterns | |||||
| Hammer Bullish | 15 | Current | |||
| Completed Patterns | |||||
| Engulfing Bullish | 15 | 27 | Jul 01, 2022 22:00 | ||
| Three Outside Down Bearish | 1D | 34 | May 16, 2022 | ||
| Engulfing Bearish | 1D | 35 | May 13, 2022 | ||
Exchange | Last | Bid | Ask | Volume | Change % | Currency | Time | ||
|---|---|---|---|---|---|---|---|---|---|
Real-time FX | 1.2888 | 1.2886 | 1.2889 | 87,535 | +0.12% | CAD | |||
| 1.2778 | 0.00 | 0.00 | 0 | 0.00% | CAD |
Time | Cur. | Imp. | Event | Actual | Forecast | Previous |
|---|---|---|---|---|---|---|
| Monday, July 4, 2022 | ||||||
| 21:30 | CAD | 56.80 | ||||
| 22:30 | CAD | |||||
| 23:30 | USD | 1.75% | ||||
| 23:30 | USD | 2.50% | ||||
Federal Reserve(FED) | ||
| Current Rate | 1.75% | |
| Chairman | Jerome H. Powell |
Bank of Canada(BOC) | ||
| Current Rate | 1.50% | |
| Central Bank Governor | Tiff Macklem |