USD/CAD – Forecast and Analysis

GBP/USD Diving While USD/CAD Is Showing Bullish Signs

GBP/USD struggled to continue above the 1.2650 resistance and declined below 1.2550. USD/CAD is showing positive signs and it could continue to rise towards 1.3650. Important Takeaways for GBP/USD and USD/CAD The British Pound is following a bearish path from well above the 1.2620 level. There ...

GBP/USD Turns Red, USD/CAD is Consolidating Gains

GBP/USD started a strong decline from well above the 1.2750 level and it broke the 1.2550 support. Conversely, USD/CAD climbed towards 1.3680 and it is currently consolidating gains. Important Takeaways for GBP/USD and USD/CAD The British Pound traded below the 1.2650 and 1.2550 support levels. ...

GBP/USD Recovering Nicely, USD/CAD is Following Downtrend

GBP/USD started a fresh increase above the 1.2350 resistance area. Conversely, USD/CAD declined heavily and it is now trading well below the 1.4000 pivot level. Important Takeaways for GBP/USD and USD/CAD The British Pound traded as low as 1.2266 before starting a fresh increase. There was a ...

GBP/USD In Downtrend While USD/CAD Could Rise Again

GBP/USD declined heavily in the past few days and broke the 1.3000 support area. Conversely, USD/CAD climbed towards the 1.3300 resistance area and it is currently consolidating gains. Important Takeaways for GBP/USD and USD/CAD The British Pound is back in a downtrend below the 1.3000 support ...

GBP/USD Sliding While USD/CAD Is Approaching Support

GBP/USD failed to gain strength above 1.3200 and recently started a fresh decline below 1.3100. USD/CAD is also declining, but it is approaching a key support near the 1.3030 area. Important Takeaways for GBP/USD and USD/CAD The British Pound topped near the 1.3200 area and declined below the ...

GBP/USD Recovering While USD/CAD Diving

GBP/USD found support near 1.2900 and it is currently recovering above 1.3000. Conversely, USD/CAD is diving and it could continue to slide below 1.3060. Important Takeaways for GBP/USD and USD/CAD The British Pound found support near the 1.2900 area after a strong decline. There was a break ...

GBP/USD Could Continue Higher, USD/CAD Facing Hurdles

GBP/USD rallied in the past few days above the 1.3300 and 1.3400 resistance levels. USD/CAD is currently correcting higher, but it is facing hurdles near 1.3200. Important Takeaways for GBP/USD and USD/CAD The British Pound is trading with a solid bullish bias above the 1.3200 and 1.3300 ...

GBP/USD And USD/CAD Are Likely To Continue Higher

GBP/USD is holding the 1.2900 support area and it could continue higher. USD/CAD is also climbing higher, but it might struggle to clear the 1.2950 resistance area. Important Takeaways for GBP/USD and USD/CAD The British Pound is showing positive signs above the 1.2880 and 1.2900 support ...

GBP/USD Rising While USD/CAD Is Correcting Gains

GBP/USD is trading in a nice uptrend above the 1.2900 resistance area. Conversely, USD/CAD struggled to clear the key 1.3270 resistance area and it is currently correcting gains. Important Takeaways for GBP/USD and USD/CAD The British Pound is gaining bullish momentum above the 1.2900 ...

GBP/USD Could Continue Higher, USD/CAD Is Correcting Lower

GBP/USD remained well bid above the 1.2800 area and recently started a fresh increase above 1.2875. USD/CAD topped near the 1.3200 area and it is currently correcting lower. Important Takeaways for GBP/USD and USD/CAD The British Pound jumped higher recently above the 1.2875 and 1.2900 ...

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