USDCAD falls below the 100 and 200 hour MAs. First break below 200 hour MA since October 2

2024-11-06

A break above 1.3945 and the high from last week at 1.3958, targets 1.3977 high from October 2022

2024-11-04

RBA rate decision in the new trading day

2024-11-01

Narrow trading range for the week. Narrow trading range for the last 12 trading days

2024-10-31

Stocks lower. Yields higher again. What does the USD do?

2024-10-29

The Canadian dollar is threatening to worst levels since May 2020 in what would be a major range breakout. Aside from brief periods during covid and the oil price collapse in 2016 (both less than a month long), this would be the lowest level since 2003. I expect this period of weakness to be longer lasting as the three legs of the Canadian economy – housing, immigration and resources extraction – are all impaired.
Adam Buitton, chief currency analyst at ForexLive, speaks with BNNBloomberg about why the loonie is headed to 1.45.

2024-09-04

In this video, I take a look at the key technicals in play given the price action in the EURUSD, USDJPY, GBPUSD and a special look at the USDCAD ahead of their interest rate decision at 9:45 AM ET

2024-06-21

What is driving the major currency pair – the EURUSD, USDJPY and GBPUSD – and why from a technical perspective is discussed in the kickstart video for June 21, 2024

2024-06-18

The best traders anticipate the next trade. In this video I take a look at the GBPJPY and the EURJPY anticipating the key risk and buying defining levels for each pair and explain in full detail.