The most active trading sessions for the CAD/USD currency pair.
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The gradual downturn in the USD/CAD the past week has now put the currency pair near interesting mid-term support levels.
The US dollar has been all over the place during the trading session on Tuesday against the Canadian dollar, as we continue to test a major support level.
The US dollar rallied slightly during the trading session on Tuesday, as we continue to try to find some type of basing pattern that we can use to go higher.
The U.S. dollar has been choppy against the Canadian dollar during early trading on Monday.
The US dollar has initially dipped against the Canadian dollar during trading on Wednesday, which makes a certain amount of sense, considering that we had shot straight up in the air during the day on Tuesday.
Yesterday’s GDP numbers from Canada came in below expectations, which essentially put the Bank of Canada into the same difficult position the U.S Federal Reserve is battling.
The US dollar has initially fell during the trading session on Monday but has continued to find support near the 1.3650 level.
The US dollar initially fell against the Canadian dollar during the early hours on Thursday, but then turned around to show signs of strength again.
The US dollar has rallied significantly during the trading session on Wednesday against the Canadian dollar, as we have seen the 1.3650 level offer support.
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The USD/CAD is near the 1.36775 mark as of this writing, this after the currency pair has managed to sustain lower increments attained in early trading this morning.
The US dollar initially tried to rally against the Canadian dollar on Monday but gave back gains as it looks like we are going to continue to pullback.
The US dollar has fallen a bit against the Canadian dollar during the trading session on Wednesday, as we continue to see a lot of volatility.
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It looks to me like the US dollar is going to continue to climb against the Canadian dollar.
The US dollar initially pulled back just a bit during the trading session on Thursday, only to turn around and show signs of strength and break above the 1.37 level.