Tag: Loonie

January 10, 2016 BY LeapRate Staff

Canadian Dollar approaches 70 cents US - how low will it go?

The last time the Canadian Dollar had a 60-something US cents handle the calendar read 2003. Most retail forex brokers we know today hadn't yet been founded. Affectionately known as the Loonie thanks to the picture of a loon on one side of the coin (Canada's two-dollar coin is called a Toonie), the CAD is…

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September 30, 2014 BY Mike Fox

Swissquote Daily Technical Report: USD/JPY - Grinding higher?

In Swissquote’s Tuesday short term technical trading report, the research team outlines the major technical levels of popular currency instruments with forecasts, below is the outline for USD/JPY and USD/CAD. To view and download the entire report, click here (PDF). USD/JPY: Grinding higher? • USD/JPY has broken the resistance at 109.46 (19/09/2014 high). However, given…

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September 08, 2014 BY Mike Fox

Swissquote Daily Technical Report: USD/CAD - Buying interest visible near 1.0809

In Swissquote’s Monday short term technical trading report, the research team outlines the major technical levels of popular currency instruments with forecasts, below is the outline for USD/CAD and EUR/USD. To view and download the entire report, click here (PDF). USD/CAD: Buying interest visible near 1.0809 • USD/CAD is moving within a horizontal range defined by the key…

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