FILTERED RESULTS
FILTERS
Ads Top
•
·
·
FILTERED RESULTS
Trading Day: Cooling off, but still optimistic
Apple CEO Tim Cook to hand over to John Ternus in September
U.S. SENATE MAJORITY LEADER THUNE: DOES NOT ANTICIPATE THE SENATE VOTING ON A MILITARY FORCE...
Trump Uses Defense Production Act to Enhance US Oil Supply and Infrastructure
Equinix Inc. Recognized as Key Player in AI Data Center Sector
Celestica Inc. Recognized as Leading AI Data Center Stock
Cisco Systems Ranks Among Top AI Data Center Stocks
North of South Sells $38.5 Million Stake in Vipshop Holdings
Innodata Inc. Gains Attention as Data Engineering Partner for Major Tech Firms
Eaton Corporation Establishes Dedicated Data Center Segment
Merck Stock Surges 37.8% Over Six Months
AI Finds Its Best Customer on Main Street
Mexico expects formal USMCA talks to start week of May 25
Amazon Stock Jumps On Expanded Deal With Anthropic
Caesars Extends Talks for $18 Billion Takeover by Golden Nugget Owner
Chamath Palihapitiya Calls AI Compute A 'Five-Alarm Fire'—Here's What It Means For NVDA
BMO's McCormick Says It's Still Right to Be Long Dollar
The M&A strategy behind Berkshire Hathaway’s tie-up with Tokio Marine
BRENT CRUDE FUTURES SETTLE AT $95.48/BBL, RISING $5.10 OR 5.64%....
UN Global Compact Convenes CEO Roundtable in Beijing to Advance a Just Energy Transition
Michael Baron Discusses RONB, Musk, & SpaceX
This Week's Wolf Pick - ON Semiconductor; ON Gets 11x More Silicon Per Nvidia Rack
SpaceX Steals Spotlight From KKR, Triton, And Partners Group With One Deal
PRIV Owns High-Grade Private Credit: Apollo's Gosden
Amazon Expands Investment in Anthropic with $25 Billion Commitment
Apple Appoints John Ternus as New CEO, Tim Cook Transitioning to Executive Chairman
Tesla Brings Optimus To Boston Marathon — But China's Robots Are The Ones Winning Races
Second Jury Finds Uber Responsible for Sexual Assault by a Driver
Tim Cook Will Step Down as Apple C.E.O.
California Accuses Amazon of Price Fixing in Legal Filing
JAPAN'S GOVERNMENT AIMS TO ASSIST IN BUILDING LEGAL FRAMEWORKS IN ASEAN NATIONS, ACCORDING TO...
John Ternus Appointed CEO of Apple, Tim Cook Becomes Executive Chairman
Tim Cook to Transition to Executive Chairman Role at Apple
Peru reviews disputed election ballots with final result likely stalled until May
U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.01%
Canada stocks higher at close of trade; S&P/TSX Composite up 0.04%
Allbirds Is Now An AI Company - History Is Not Impressed
AXT Stock Stumbles After The Close: Here's Why
IRAN'S FM ARAQCHI TELLS RUSSIAN COUNTERPART THAT THE U.S.'S "UNLAWFUL CONDUCT AND CONTRADICTORY...
South America Could Unlock 2.1 Million Barrels a Day on $100 Oil
JAPAN'S GOVERNMENT IS CONSIDERING ISSUING GREEN TRANSFORMATION BONDS TO FINANCE THE INITIATIVE,...
Elizabeth Warren Doubts Elon Musk's Fitness To Run X Money, But Prediction Markets Say It's Not Coming Soon
New Zealand's Economic Indicators Show Fragile Recovery Amid Persistent Inflation
Strategy Acquires $2.54 Billion in Bitcoin, Bitmine Expands Ethereum Holdings
Spirit Aviation Proposes Equity Stake to U.S. Government Amid Liquidation Concerns
United Airlines Set to Release First Quarter Earnings Amid Market Volatility
IBM Expected to Report Steady Growth in First Quarter Earnings
AI Companies Prepare to Release Earnings Reports
AI-Related Stocks Vertiv and Intel Set to Report Earnings This Week
USDCAD Sees Rebound After Recent Declines
The USDCAD currency pair experienced a reversal today, recovering from declines observed over the past two days. After closing at 1.3917 on Monday, the pair reached a cycle high of 1.39658 on Tuesday but could not maintain that momentum, ultimately closing lower at 1.3907. The decline continued today, with the pair hitting a low of 1.3870 before finding support.
Despite the downward movement, the price remained above critical support levels, including the 38.2% retracement of the rally from March 23 at 1.38525 and the rising 200-hour moving average at 1.38465. These levels are significant, as a break below them could indicate a stronger bearish trend. However, the recent price action has shifted back towards the upside, aided by increased demand for the US dollar and rising oil prices.
The USDCAD has now moved back above the 100-hour moving average, which is currently around 1.3906. This marks a positive shift, as buyers have successfully retested this level twice today, indicating short-term control by the buyers. Looking ahead, the next key resistance zone is between 1.39246 and 1.39374, which has historically acted as both support and resistance since August 2025. A sustained break above this area could further strengthen the bullish outlook for the pair.
© 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Source: KLEA News