CAD Whipsaws Against Japanese Yen
Keep in mind that the crude oil markets have a major influence on this currency pair as the Canadian dollar is a proxy for that market […]
CAD/JPY Forecast: CAD Trounces Japanese Yen
Unless the Bank of Japan changes its overall attitude, it’s difficult to imagine that this market will break down with any real […]
CAD Recovers After Initial Selloff
Ultimately, I think we will break out and I don’t have any real interest in trying to short this pair anytime soon. […]
CAD Pulls Back Against Japanese Yen
I will probably look at this in a day or two as value, but right now it looks like we still have […]
USD Loses Ground Against CAD
The US dollar has fallen hard during the trading session on Friday to reach the 1.29 area against the Loonie. The Canadian […]
USD Pulls Back to Support Against CAD
The US dollar has been a bit of a wrecking ball against everything else, so it is difficult to imagine that the […]
USD Hits Resistance Against the CAD
The C$1.27 level underneath could be a potential target for the short term. The US dollar has rallied initially during the trading […]
CAD Bounces from Crucial ¥99 Level
Shorting is impossible at this point, but if we do see another breakdown in the yen-related pairs, this might be one worth […]
Relentless Push Higher Against CAD
I still favor a move to the upside more than anything else and I would look at any pullback as a buying […]
USD Bounces Significantly Against CAD
It still looks as if the US is still going to be favored as things stand right now. The US dollar initially […]
USD/CAD Forecast: CAD Shows Significant Strength
It certainly seems as if there are a lot of buyers right here where we are right now. The Canadian dollar shot […]
USD Reaches 200-Day EMA Against CAD
The argument against oil is that there is a significant amount of demand destruction going on right now due to the fact […]
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