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Technical Analysis 21.08.18

USDCAD

The pair is in the trending downwards amid the decreased demand for the US dollar and the rising interest in the risk assets among investors. It is fairly possible that the pair will continue falling in light of the still increasing oil prices and this week's meeting between the …

Technical Analysis 20.08.18

USDCAD

The pair is trading higher than 1.3050 supported by the possible interest rate hike by Canada's Central Bank in September due to the increasing inflation. 

The price is lower than the middle Bollinger band, lower than SMA 5 and SMA 14. RSI resides under 50% level and moving horizontally. …

Technical analysis 17.08.18

USDCAD

The pair may fall today as the Canada consumer inflation data is expected to be favorable. Also the pair is supported locally by the oil prices trying to resume growth.

The price is above the middle Bollinger band, below SMA 5, but above SMA 14. RSI is above the …

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