TheBOC interest rate decision today comes at a time when CAD is already on themarch due to higher oil prices. With the market expecting the BOC to lift ratesby a further .25%, along with signalling...
BOC Expected To Lift Rates Today Amidst Current CAD Rally
BOC Up NextThe Bankof Canada is the next G10 central bank to take centre stage. The BOC will meetlater today for its March rates decision and the market is broadly expectingthe bank to deliver a...
Market Spotlight: NZDCAD Breakout Hits First Target
NZDCAD Breaks OutThe rally in NZD on the back of the February RBNZ meeting overnight has seen the NZDCAD breakout idea from .8553 hitting its first target at .8631. With the retail market heavily...
USDCAD, H4 | Potential Bearish Continuation
Type: Bearish ReversalKey Levels:Resistance: 1.28125Pivot: 1.27819Support: 1.26645Preferred Case:On the H4 timeframe, We see the possibility of bearish continuation from our pivot at 1.27819 in line...
Market Spotlight: NZDCAD Reversal Opportunities
Looking To BreakoutThe New Zealand Dollar has been one of the best performers this week as a hawkish shift in RBNZ expectations is helping support NZD. Given the heavily bearish sentiment we’d seen up...
USDCAD, H4 I Potential Drop
Type: Bearish ReversalKey Levels:Resistance: 1.28314Pivot: 1.27881Support: 1.26647Preferred Case:With price expected to retest and reverse off the resistance of the stochastics, we are bias that price...
USDCAD, H4 I Potential Rise
Type: Bullish BounceKey Levels:Resistance:Pivot:Support:Preferred Case:With prices approaching the support of the ichimoku cloud, we see the potential for a bounce from our pivot at 1.26619 in line...
USDCAD, H4 I Potential Rise
Type: Bullish BounceKey Levels:Resistance: 1.27943Pivot: 1.27156Support: 1.26647Preferred Case:With prices moving above the Ichimoku cloud, we see the potential for a bounce from our pivot at 1.27156...
USDCAD, H4 I Potential Rise
Type: Bullish BounceKey Levels:Resistance: 1.27961Pivot: 1.26505Support: 1.2571Preferred Case:With prices moving above the Ichimoku cloud, we see the potential for a bounce from our pivot at 1.26505...
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