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Canadian Dollar Outlook: USD/CAD Plunges into April- Support Ahead 2021-04-05 19:00:00 Michael Boutros, Strategist Canadian Dollar Technical Price Outlook: Near-term Trade Levels Canadian Dollar updated technical trade levels – Daily & Intraday Charts USD/CAD carving monthly opening range just below key technical pivot zone Bears vulnerable while above 1.2473 – resistance at 1.2579, bearish invalidation 1.2713 The Canadian Dollar is ripping into the weekly open with USD/CAD plummeting more than 0.4% in early New York trad...

Canadian Dollar Outlook: USD/CAD Bearish Rebuke- BoC Battle Lines 2021-03-08 19:00:00 Michael Boutros, Strategist Canadian Dollar Technical Price Outlook: Near-term Trade Levels Canadian Dollar updated technical trade levels – Daily & Intraday Charts USD/CAD carving monthly opening range just above key technical support Bears vulnerable while above 1.2575 – resistance at 1.2723, bearish invalidation 1.2881 The Canadian Dollar bulls have been halted at multi-year extremes with USD/CAD carving the March opening-range just a...

Loonie is poised for a fourth weekly advance vs the US Dollar with USD/CAD coiling just above critical support. Here are the levels that matter on the technical charts.

Loonie has steadily held back the recent Dollar rally with USD/CAD coiling below technical resistance. Here are the levels that matter on the Loonie charts this week.

Canadian Dollar Outlook: Loonie Levels for Looming USD/CAD Breakout 2021-02-02 17:37:00 Michael Boutros, Strategist Canadian Dollar Technical Price Outlook: Near-term Trade Levels Canadian Dollar updated technical trade levels – Daily & Intraday Charts USD/CAD carves weekly opening-range just below multi-month trend resistance Key support / bullish invalidation at 1.27– Breach / close above exposes 1.2975 The Canadian Dollar is down more than 0.35% against the US Dollar since the start of the week with USD/CAD testing lo...