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Technical Analysis

USDCAD sniffs the 50% midpoint of the move up from October 2021 low

USDCAD

USDCAD sniffs the 50% midpoint of the move up from October 2021 low

  • 50% at 1.3132. The low reached 1.3137 today
Greg Michalowski
Greg Michalowski
Thursday, 22/06/2023 | 14:48 GMT-0
22/06/2023 | 14:48 GMT-0
Technical Analysis

The CAD is the strongest and the AUD is the weakest as the NA session begins

Forex

The CAD is the strongest and the AUD is the weakest as the NA session begins

  • The GBP is weaker despite stronger CPI data
Greg Michalowski
Greg Michalowski
Wednesday, 21/06/2023 | 12:11 GMT-0
21/06/2023 | 12:11 GMT-0
Technical Analysis

The USDCAD sellers had their shot below key swing area support. They missed.

USDCHF

The USDCAD sellers had their shot below key swing area support. They missed.

  • The USDCAD is rebounding back above a key swing area between 1.3207 and 1.32299
Greg Michalowski
Greg Michalowski
Tuesday, 20/06/2023 | 15:53 GMT-0
20/06/2023 | 15:53 GMT-0
Technical Analysis

US dollar coming under pressure across the board

EURUSD

US dollar coming under pressure across the board

  • New day lows for the greenback versus the EUR, GBP, CHF, CAD, AUD and NZD
Greg Michalowski
Greg Michalowski
Thursday, 15/06/2023 | 14:31 GMT-0
15/06/2023 | 14:31 GMT-0
Technical Analysis

USDCAD moves to a new session low ahead of Fed rate decision

USDCAD

USDCAD moves to a new session low ahead of Fed rate decision

  • USDCAD trades to lowest level since February 2, 2022
Greg Michalowski
Greg Michalowski
Wednesday, 14/06/2023 | 16:47 GMT-0
14/06/2023 | 16:47 GMT-0
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