Rally coming in USD/CAD

Rajveer Rawlin

Market Analyst

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Rajveer Rawlin holds a Ph.D. and received his MBA in finance from the Cardiff Metropolitan University, Wales, UK. He is an avid market watcher having followed capital markets in the US and India since 1993. His research interests include areas of Capital Markets, Banking, Investment Analysis, and ...more

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Rally coming in USD/CAD

Date: Thursday, March 8, 2018 10:38 PM EDT

This will be part of a series where I feature an asset class which is either bullish or bearish on daily, weekly and monthly time frames. This weeks asset class of the week is the Canadian Dollar (USD/CAD) which is bullish across daily, weekly and monthly time frames. The Canadian Dollar is weak despite strong oil prices off late. Perhaps the Canadian dollar is signaling a weakening Canadian economy ahead or an upcoming collapse in oil prices due to broad based dollar strength. Data from investing.com:

USD/CAD Daily:

USD/CAD Weekly:

USD/CAD Monthly:

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