The Canadian dollar has experienced a downtrend following the announcement of the Consumer Price Index (CPI) for the month of May in the country. Currently,
By looking at the 4-hour technical analysis chart, you will find that the USDCAD currency pair is above the 1.3500 level, between the 100-period simple moving
Canada’s Employment Change Index measures the change in the number of people employed. Job creation is one of the most important indicators of consumer
Last week, the price reached the bottom of its channel. If the price does not break this channel in the coming week, we expect it to rise to the level of
As predicted last week, the price entered an upward phase, but it has not yet managed to reach the level of 1.36960. In the event that the price succeeds in
After breaking the level of 1.35079 last week, the price rose in an uptrend to 1.36426 and managed to break this level. The tendency is neutral. In the