After a challenging week thus far, select currency pairs are offering set-ups in this choppy market. For example, GBPCAD appears to be pulling back within a daily uptrend and may present a reasonable ...

GBPCAD can be a challenging pair to trade, but its current set-up is extremely attractive to longer-term macro traders. The Bank of England (BoE) is toeing the line between neutral and hawkish ...

Canada’s inflation report was a little too hot to handle, helping the short USD/CAD setup suggested on Tuesday reach its target. Meanwhile, the EUR/USD long setup’s conditions weren’t met, though a ...

A big advance by the Canadian Dollar invites a deeper setback for the Pound to Canadian Dollar exchange rate (GBP/CAD). The Canadian Dollar jumped in value against the Pound, Euro and Dollar on Friday ...

USD/CAD draws some support from a modest USD recovery, though bulls seem hesitant. Rebounding Crude Oil prices underpin the Loonie and act as a headwind for spot prices. The technical setup also ...

At this time, two slow-moving Gann angles are providing both support and resistance. Resistance is coming from a downtrending angle from the 1.0323 (06-10-08) top at 1.0233. This is currently ...

Fundamentally, the recent decision from the Bank of Canada to refrain from an interest rate hike and its forecast for a slow down in economic growth may be underpinning the USD CAD.