Period returns — 1D is the session move; 1W–1Y are computed from real daily closing history. Each window is shown only when its data is available.
Computed from real daily price history (RSI 14, SMA 20/50/200, MACD 12/26/9) · as of Jul 25, 20:32 UTC. Not investment advice.
USD/CAD — the "Loonie", after the bird on Canada's one-dollar coin — quotes the US dollar against the Canadian dollar, with one pip equal to 0.0001. Canada is one of the world's largest crude-oil exporters and the United States is by far its dominant trading partner, so the pair carries a well-known inverse relationship with oil: rising crude prices tend to strengthen the Canadian dollar and push USD/CAD lower.
Policy is set by the Bank of Canada against the Federal Reserve, and because the two economies are so tightly integrated, the pair often trades on the relative surprise in simultaneous data — Canadian jobs and CPI frequently land at the same time as US releases, producing sharp two-way moves. Liquidity is deepest in the North American session.
On the session, USD/CAD is trading at 1.4092, a move of +0.0012 (+0.09%) versus the previous close of 1.4080. The instrument has ranged between 1.4092 and 1.4092 so far today. FXMARE's technical engine currently reads the setup as Sell.
Looking for more forex? Browse all Forex quotes, check the economic calendar, or track your trades in the FXMARE trading journal.
Key PointsInstead of looking for indirect exposure to privately held space companies, consider buying shares of an essential supplier that powers the entire industry.
EUR/USD stayed in consolidations above 1.1323 last week and outlook is unchanged. Initial bias remains neutral this week first. Outlook stays bearish with 11499 support turned resistance intact. On the downside, break of
USD/JPY’s up trend resumed last week and there is no sign of topping. Initial bias stays on the upside this week for 138.2% projection of 152.25 to 160.71 from 155.01 at 166.07. On the downside, below 163.02 minor suppor
GBP/USD’s extended fall last week suggests that rebound from 1.3139 has already completed at 1.3557. Corrective pattern from 1.3867 high is extending with another downleg. Initial bias remains mildly on the downside this
USD/CHF’s strong rally last week confirmed resumption of whole rise from 0.7603. Initial bias stays on the upside for 100% projection 0.7603 to 0.8041 from 0.7600 at 0.8198. Decisive break there will target 161.8% projec
