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Author Archives: CAD Editor

USD/CAD’s Interest-Rate Differential

Many observers saw Canada as one of the canaries in the coal mine, warning that the divergence theme was over. The Bank of Canada did hike rates twice in Q3. The Federal Reserve did not hike at all. Isn’t that ...

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Trade Idea: USD/CAD – Buy at 1.2570

As the greenback has surged again and finally broke above resistance at 1.2599, confirming the rise from 1.2061 low has resumed and reviving our bullishness for this move from there (wave iii trough) to extend further gain towards previous resistance ...

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USD/CAD Will Make New Highs

The currency pair increased and resumed the Friday’s impressive rally, should approach and reach the 1.2678 horizontal resistance if the USDX will climb much higher. Is expected to be attracted by the median line (ML) of the major red descending ...

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