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Canadian Dollar Analysis, Will Momentum Continue? USD/CAD, GBP/CAD, CAD/JPY 2021-04-21 00:00:00 Daniel Dubrovsky, Strategist GBP/CAD ready for a next near-term move to the upside? CAD/JPY eyeing a pivotal support zone after recent losses USD/CAD Technical Outlook USD/CAD continues to trade in a consolidative state, albeit with a slight downside bias. Falling resistance from November seems to be guiding the pair lower, with the 100-day Simple Moving Average sitting right above. The Canadian Dollar is mostly little changed from where it was in late February against the US Dollar. Now, USD/CAD i...

The Australian Dollar longer-term outlook remains bullish however, the cyclically-sensitive currency could slip lower against the US Dollar and Japanese Yen in the short term ahead of the RBA inter...