Can USDCAD (4H) break free from its bearish grip?
USDCAD holds floor at 1.3989! A move above 1.4037 may favor the bulls, shifting the focus to 1.4080. Risk: A drop below 1.4000 hands control back to bears.
XM Group
|
34 days ago
Overview: The negative trend in USDCAD paused near 1.3989 for the second time in a week after the recent upside move was rejected near the 20- and 50-period SMAs and the 1.4078 barrier. A long-tailed red candlestick in the same region is hinting that sellers may be losing momentum, but buyers need a decisive break above 1.4070–1.4078 to confirm a recovery.
Momentum: The RSI is improving but remains below 50, while the stochastic and MACD are also turning higher, signaling early signs of renewed buying interest.
Bullish Scenario: A move above 1.4035 could strengthen the rebound towards the resistance trendline seen near 1.4070. A breakout above 1.4080 may open the way towards 1.4118.
Risk: A drop below 1.4000 would weaken the recovery case and bring sellers back into control.
XM Group
4.3
415 ulasan
Type: Market Maker
Regulation: FSA (Seychelles), FSC (British Virgin Islands), CySEC (Cyprus), FSC (Belize), DFSA (UAE), FSCA (South Africa), FSC (Mauritius), CMA (Kenya)
read more
Oil Surge Pressures US Stocks as Markets Await Inflation Data
🛢️ Iran targets US Navy vessels, US strikes Iranian tankers near Kharg Island — Brent approaches $100 at $99.05, WTI at $94.04. Oil +8% in September. Dow drops 628 points. Goldman raises December Brent forecast to $85. JPY strengthens on BoJ hike bets. ADP and Lagarde speech due today.
CPT Markets
|
1 day ago
Currency Divergence Deepens as Yen Strength Challenges Global Markets | 4th September, 2026
Global markets are diverging as policy expectations and geopolitical risks reshape flows. The Yen strengthens on hawkish BoJ expectations and softer US yields, while Gold holds near $4,470. AUD and CAD gain from tighter policy and commodities, while WTI stays near $90 as Strait of Hormuz tensions keep supply risks elevated.
Moneta Markets
|
6 days ago
USDCAD slides: Is a freefall to 1.3700 next?
USDCAD confirms bearish bias! MACD & RSI signal more downside. Watch 1.3830 pullback, targeting 1.3730 & 1.3700. Risk above 1.3860.
XM Group
|
6 days ago
USD/CAD Outlook: Trade Dispute, BoC and NFP Could Put Pressure on the Loonie
USD/CAD faces competing pressures from the US-Canada trade dispute, BoC rate policy and Friday's NFP report. Here's what could move the pair next.
ActivTrades
|
7 days ago
Gold and Oil Rise as Central Bank Signals Drive Currency Markets | 3rd September, 2026
Global markets remain driven by geopolitical tensions, commodity strength and shifting central-bank expectations. Gold is recovering above $4,400 as yields and the Dollar soften, while WTI stays near $90 on Middle East supply risks. JPY and CAD are strengthening, while Sterling remains under pressure ahead of US data and Friday’s NFP.
Moneta Markets
|
7 days ago
Global Markets Reprice Risk as Oil, Yields and Central Banks Collide | 2nd September, 2026
Global markets face renewed risk repricing as US-Iran tensions lift oil prices, Treasury yields rise and Fed hike expectations strengthen. The US Dollar gained while Gold fell toward $4,300. USD/CAD, USD/JPY and USD/CHF remained supported, with upcoming US employment data set to drive the next major market moves.
Moneta Markets
|
8 days ago
Canadian Dollar Shrugs Off Tariff Shock as Markets Focus on Bigger Risks
USD/CAD showed limited reaction to new US-Canada tariffs as traders assessed the broader economic impact, interest-rate outlook and potential for further trade escalation.
VT Markets
|
9 days ago
Oil Shock and Rate Bets Reshape Global Markets | 1st September, 2026
Global markets opened cautiously as hawkish Fed expectations and renewed US-Iran tensions drove volatility. Gold and Silver weakened as September rate-hike bets increased, while higher oil prices supported CAD. The US Dollar consolidated as markets shifted focus to Friday’s NFP report, which could reshape the Fed’s policy outlook.
Moneta Markets
|
9 days ago
