USDCAD steadies below 1.3800 after pullback from six-week highs
USDCAD stabilises after a sharp retreat, holding above the trendline; will bulls reclaim the monthly swing high to resume the broader uptrend?
XM Group
|
160 hari yang lalu
Overview: The pair is stabilising after the previous session’s sharp pullback from its highest level since April 13 at 1.3870, now trading near 1.3785 while still holding above the medium-term rising trendline.
Momentum: Indicators maintain a bullish bias and support the upside, suggesting buyers remain in control despite the recent pause in momentum.
Bullish scenario: If the rebound holds, a move above the 200-day SMA near 1.3800 could expose the monthly swing high at 1.3870. A break above 1.3900 and then toward 1.3965 would likely pave the way for an extension of the broader uptrend.
Risk: A drop below the rising trendline toward 1.3750, and then 1.3700, would shift the bias to negative, exposing risks toward multi-week lows.
XM Group
4.3
438 ulasan
Tipe: Market Maker
Regulasi: FSA (Seychelles), FSC (British Virgin Islands), CySEC (Cyprus), FSC (Belize), DFSA (UAE), FSCA (South Africa), FSC (Mauritius), CMA (Kenya)
baca selengkapnya
Democratic Sweep Weakens the US Dollar and Lifts Precious Metals | 5th November, 2026
A Democratic sweep of Congress pushed the Dollar toward a one-month low and lowered yields. Gold surged past $4,100 after its biggest daily gain since mid-August, and silver climbed to about $53.10. USD/JPY slipped to around 158.00 on hawkish BoJ Minutes, USD/CAD fell to 1.3950, and NZD/USD rose to 0.5630. Watch the BoE decision and Friday’s payrolls.
Moneta Markets
|
18 jam 25 menit yang lalu
Central Bank Signals and Easing Safe-Haven Demand Shape Currency Markets | 2nd November, 2026
Easing US-Iran tensions are cutting safe-haven demand for the Dollar. USD/CAD sits near 1.3970, a six-week low. The RBA is widely expected to hike Tuesday, with AUD/USD near 0.7020. Silver rebounded to about $50 after a year-low below $49. USD/JPY is near 157.85 as the Yen stays soft. The PBOC set a weak USD/CNY fix at 6.7146.
Moneta Markets
|
3 hari yang lalu
Rate-Hike Bets and a Hawkish Fed Hold Shape Currency Markets | 29th October, 2026
Global currencies are shaped by a hawkish Fed hold (10-2 vote, two favoring a hike) and rising central bank hike bets, keeping the US Dollar near a two-week high. The BoC hiked to 2.50% and hot Australian CPI lifted RBA hike odds. GBP and JPY softened. Key catalysts: US Q3 GDP and PCE, Friday’s BoJ decision, and the RBA on 3 November.
Moneta Markets
|
7 hari yang lalu
Dollar Holds Firm Ahead of Fed Decision; Oil Rises on Saudi Refinery Attack
🏦 Fed holds today — futures at 91% probability unchanged. DXY climbs to 102.40, 2-week high. Houthis strike Saudi Arabia’s largest oil refinery — Brent jumps 1.3% to $115.36. RBNZ surprises with a hold at 2.75%, NZD drops 1.7%. Gold recovers to $4,055. BoC decision also due today alongside Fed.
CPT Markets
|
8 hari yang lalu
What to Expect from the RBNZ, BoC and Fed
The RBNZ, Bank of Canada and Federal Reserve announce key interest rate decisions on October 28. Explore rate hike expectations, inflation risks and the potential impact on NZD/USD, USD/CAD and the US Dollar as traders prepare for heightened Forex market volatility.
ActivTrades
|
9 hari yang lalu
Central Bank Divergence and Easing Iran Tensions Reshape Currency Markets | 26th October, 2026
The US Dollar weakens ahead of Fed and Bank of Japan policy decisions, supporting the Swiss Franc and Japanese Yen. The Canadian Dollar strengthens despite falling oil prices, while WTI retreats near $101 as immediate Iran strike concerns ease. EUR/JPY remains bearish amid weak technical momentum, with central bank decisions and economic data in focus.
Moneta Markets
|
10 hari yang lalu
Weak Tech Earnings Pressure the US Dollar as Central Bank Divergence Shapes Forex Markets | 23rd October, 2026
Disappointing tech earnings and AI investment concerns pressure the US Dollar, while Middle East tensions boost safe-haven demand. The New Zealand and Australian Dollars gain support from tightening expectations, while the Canadian Dollar benefits from oil-price strength. Markets await US PMI data, Fed guidance, and upcoming RBNZ policy decisions.
Moneta Markets
|
13 hari yang lalu
USDCAD eyes 1.4000 support
#USDCAD tests key 1.4000 support after a 6-day slide! Stabilizing momentum suggests a potential rebound toward 1.4100, but a break lower risks deeper losses.
XM Group
|
13 hari yang lalu
