USD/CAD recovers early lost ground, flat-lined just below mid-1.2700s
USD/CAD attracted some dip-buying on Tuesday and was supported by a combination of factors. Weaker
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USD/CAD attracted some dip-buying on Tuesday and was supported by a combination of factors. Weaker
USD/CAD bulls take a breather after a remarkable upsurge to six-week highs. The US dollar
USD/CAD is meeting a potential resistance. The bears will not the reversion market structure that
USD/CAD gained strong positive traction for the second successive day on Friday. Weaker oil prices
USD/CAD is hovering around 1.2600 as investors await Canada’s Retail Sales. Loonie bulls are underperforming
A combination of factors dragged USD/CAD lower for the second straight day on Thursday. Strong
USD/CAD attracted some dip-buying on Tuesday and was supported by a combination of factors. Retreating
USD/CAD is being forced back by the rise of oil prices. Traders will now look to
USD/CAD gained some positive traction on Monday, though lacked follow-through buying. Retreating crude oil prices
Loonie bulls are firmly defending the 50% Fibo retracement at 12652. The RSI (14) is