Forecast & Technical Analysis

BrokerTrending provides you with the latest USD/CAD forecast by our financial analysis, including news, fundamental analysis and outlook.

USD/CAD Bulls Likely Keep Control Despite Slight Drop in ISM Manufacturing PMI in the USA

USD/CAD Outlook: 1st February 2021 Canada – Manufacturing PMI On Monday, at GMT 2:30 p.m., the Markit will release Canada’s manufacturing purchasing managers’ index (PMI) figure. It measures the level of a diffusion index by surveying around 400 purchasing managers in the country.  Businesses are the first to react to changing economic climate. The manufacturing […]

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USD/CAD Likely Break the Support Near 1.3350 Amid Strong Improvement in Canadian Manufacturing PMI

USD/CAD Forecast & Technical Analysis United States – Institute for Supply Management (ISM) Manufacturing PMI On Monday, at GMT 2:00 p.m., the Institute for Supply Management released its manufacturing PMI figure for the United States. The ISM’s US manufacturing PMI measures the level of a diffusion index based on a survey of 400 purchasing managers. […]

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