USD/CAD Price Analysis: Six-day losing spell to extend further below 1.3400

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 72%

United States Headlines News

United States Latest News,United States Headlines

USD/CAD Price Analysis: Six-day losing spell to extend further below 1.3400 USDCAD Fed Oil DollarIndex SupportResistance

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 14. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

USD/CAD Price Analysis: Bears take a breather on their way to 1.3470 supportUSD/CAD Price Analysis: Bears take a breather on their way to 1.3470 support USDCAD Technical Analysis ChartPatterns SupportResistance SwingTrading Sell ha 🙂
Source: FXStreetNews - 🏆 14. / 72 Read more »

USD/CAD retreats from 1.3500 as OPEC’s surprise cut drives oil price, US PMI eyedThe USD/CAD has retreated from 1.3520 after a rebound attempt followed by a gap-down opening from 1.3488 in the early Tokyo session. The Loonie asset
Source: FXStreetNews - 🏆 14. / 72 Read more »

USD/CAD Price Forecast: Cyclical Canadian Dollar Pauses at Key Technical LevelThe Canadian dollar is marginally weaker against the USD this Monday morning but comparatively stronger than most of its G10 counterparts on the back of a surprise production cut announcement by OPEC+. Get your market update from WVenketas here: WVenketas
Source: DailyFX - 🏆 305. / 63 Read more »

USD/CAD bears lurking on OPEC newsUSD/CAD ended Friday near flat but the Canadian Dollar edged lower against its US counterpart although it held near its strongest level in more than f
Source: FXStreetNews - 🏆 14. / 72 Read more »

USD/CAD weakens back below 1.3500 mark, touches its lowest since February 21The USD/CAD pair attracts fresh sellers following a modest intraday bounce to the 1.3535 area on Monday and drops to a fresh low since February 21 dur
Source: FXStreetNews - 🏆 14. / 72 Read more »

USD/CAD: Losses to extend towards the 1.3375/1.3425 area – ScotiabankUSD/CAD breaks below 100-Day Moving Average (DMA). Economists at Scotiabank expect the pair to extend its decline toward the 1.3375/1.3425 area zone.
Source: FXStreetNews - 🏆 14. / 72 Read more »