USD/CAD watch: what are you watching this week?

A standing thread for the loonie. Oil prices and the Bank of Canada compete for the pair's attention, and the calendar tells you which one speaks this week.

USD/CAD watch: what are you watching this week? — support and resistance diagram
Price bouncing between support and resistance

Share:

  • the levels you're tracking
  • how oil is feeding into the pair
  • which Canadian data or BoC signals matter most
USD/CAD watch: what are you watching this week? — risk-reward diagram
A risk-reward ratio of 1 to 2

Background: oil prices and the Canadian dollar and the USD/CAD page.

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