Home / Tag Archives: CAD

Tag Archives: CAD

USDCAD Lower on Higher Oil Prices

usdcad 1212

USDCAD Lower on Higher Oil Prices USDCAD is trading lower today helped by higher oil prices after the Non OPEC production cuts. The price moved down to lower channel trend lines near the 1.3110 area marking the low for the day at 1.3108. The price stalled and the correction rallied to 1.3143. There have been ...

Read More »

Forex Important releases next week

interest-rates

Forex Important releases next week Three important interest rate decision for the upcoming week: ECB – RBA – BAC ECB interest rate decision.  Thursday December 8th at 7:45 AM ET/1245 GMT.  ECB is expected to keep their interest rates unchanged. However, they are expected to announce an extension of the ...

Read More »

Forex Technical Outlook 12-1-2016

usdjpy121

Forex Technical Outlook – USDJPY USDJPY is trading above the March 2016 highs at the 114.44-54 area again. Yesterday the pair peaked against the area. Today in the Asia session, the price moved above the level on it’s way to a test of the mid-February high at 114.86. The high ...

Read More »