Blogs

Loonie Picks Up Strength As Oil Prices Rise

Forex

<p>The CAD strengthened against the USD yesterday, as oil prices tended to rise due to the easing of the lockdowns imposed in various countries. Analysts tend to note that the market seems to price in the idea that the situation is to continue to improve and tends to grow more optimistic. As was expected, such […]

USDCAD Flirts With Bullish Cross Within SMAs, Neutral Mode

Forex

<p>USDCAD found strong resistance near 1,4150 and reversed south again, retaining its neutral structure in the short-term picture. Currently, the price is eating a portion of its bold gains it earned in the previous days and the RSI and the stochastics on the four-hour chart are pointing to a negative session as they are decelerating. [&helli

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