USD/CAD is the forex ticker that represents the US Dollar-Canadian Dollar currency pair. The USD/CAD rate, as indicated on the live chart, shows traders how many Canadian Dollars are required to buy one US Dollar. Follow the USD/CAD chart for live prices and stay up to date with the latest USD/CAD news, forecasts and analysis. Our expert industry insights will give you the edge to conduct thorough fundamental and technical analysis to trade this popular currency pair.
The USD/CAD sell-off is now approaching long-term uptrend support and while the immediate threat is lower, the decline may be vulnerable heading into this key region. Get your $USDCAD technical analysis from @MBForex here:https://t.co/wsdtyzGMZG https://t.co/hj69mn4hKq
$USDCAD is another Dollar pair that has earned a break, slipping 1.3325 support. Next in line is a trendline support that stretches back to 2012 and currently falls around 1.3310 https://t.co/R02U6qknYa
Recent changes in IGCS warns that:
#DowJones may rise
#CrudeOil could climb
$USDCAD might extend losses
Read my full report here - https://www.dailyfx.com/forex/technical/article/special_report/2020/08/05/Dow-Jones-Crude-Oil-May-Rise-as-USDCAD-Falls-on-Positioning-Signals.html?CHID=9&QPID=917702&utm_source=Twitter&utm_medium=Dubrovsky&utm_campaign=twr https://t.co/5JYj5LUKDJ
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