USD/CAD Near 1.3500 as Geopolitical Risks and Economic Data Drive Sentiment

USD/CAD Near 1.3500 as Geopolitical Risks and Economic Data Drive Sentiment

USD/CAD remains on the rise, approaching the 1.3500 level as geopolitical tensions and economic factors impact the pair. The recent surge in oil prices, combined with central bank decisions and inflation data, has affected both the US Dollar and the Canadian Dollar. This technical analysis explores key market drivers, USD/CAD’s current price action, and potential […]

Daily Technical Analysis: USD/CAD Below 1.3500 Amid Central Bank Uncertainty

Daily Technical Analysis: USD/CAD Below 1.3500 Amid Central Bank Uncertainty

The USD/CAD pair continues to trade below the 1.3500 mark as traders anticipate key central bank decisions. The Federal Reserve’s recent dovish stance and potential rate cuts, coupled with the Bank of Canada’s outlook, have influenced the pair’s movement. This technical analysis will explore USD/CAD’s recent price action, key economic data, and trading recommendations. Key […]

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