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CAD Forecast

USD/CAD FORECAST – June 19-23, 2017Forex Trading Tips

The CAD rallied last week, as USD/CAD plunged 240 points. The pair ended up at 1.3212. (Lowest level since late February.) There are four events on the calendar this week. Let’s see the highlights of this week and technical and historical levels for the pair.

Wholesale Sales – Tuesday at 12:30
Core Retail Sales – Thursday at 12:30
Retail Sales – Thursday at 12:30
CPI – Friday at 12:30

Click here for a detailed ECONOMIC CALENDAR


Support and Resistance levels for USD/CAD (Technical and Historical levels Analysis - Illustration)

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USD/CAD FORECAST – June 19-23, 2017
Forex Trading Tips 

The CAD rallied last week, as USD/CAD plunged 240 points. The pair ended up at 1.3212. (Lowest level since late February.) There are four events on the calendar this week. Let’s see the highlights of this week and technical and historical levels for the pair.

Wholesale Sales – Tuesday at 12:30
Core Retail Sales – Thursday at 12:30
Retail Sales – Thursday at 12:30
CPI – Friday at 12:30

Support and Resistance levels for USD/CAD (Technical and Historical levels Analysis - Illustration)

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Click here for Forecasts for   EUR/USD     AUD/USD  

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FORECAST – USD/CAD – June 12-16, 2017Forex Trading Tips

The CAD headed lower last week, as the pair USD/CAD closing at 1.3462. Only two major events for this week. Let’s see the highlights of this week and technical and historical levels for the pair.

Manufacturing Sales – Tuesday at 8:30.
Foreign Securities Purchases – Thursday at 8:30.

Support and Resistance levels for USD/CAD (Technical and Historical levels Analysis - Illustration) 






FORECAST – USD/CAD – June 05-09, 2017Forex Trading Tips

The CAD was almost unmoved last week, with USD/CAD ending up at 1.3480. Watch out for Employment Change for this week. Let’s see the highlights of this week and technical and historical levels for the pair.

Ivey PMI – Tuesday at 14:00
Building Permits – Wednesday at 12:30
Housing Starts – Thursday at 12:15
NHPI – Thursday at 12:30
BoC Financial System Review – Thursday at 14:30
Employment Change – Friday at 12:30

Support and Resistance levels for USD/CAD (Technical and Historical levels Analysis - Illustration)

Forex Trading Tips
FORECAST – USD/CAD – June 05-09, 2017 - Forex Trading Tips


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FORECAST – USD/CAD - May 29 – June 02, 2017

The Canadian Dollar rise for the second consecutive week, as the pair lost 80 points. USD/CAD ended up the week at 1.3440. Let’s see the highlights of this week and a technical analysis for the USD/CAD pair.

Current Account - Tuesday, 12:30
RMPI - Tuesday, 12:30
GDP - Wednesday, 12:30
Manufacturing PMI - Thursday, 13:30
Trade Balance - Friday, 12:30
Labor Productivity - Friday, 12:30

Support and Resistance levels for USD/CAD (Technical Analysis)

1.3900 - Strong Resistance
1.3794 - Strong Resistance
1.3648 - Strong Resistance
1.3551 - Weak Resistance
1.3457 - Weak Resistance
1.3351 - Strong Support
1.3212 - Strong Support
1.3083 - Strong Support

We are bullish for the pair this week.



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