The US dollar fell significantly against the Canadian dollar during the week, reaching down towards the vital … For the full article go to – USD/CAD Forecast January 02, 2018, Technical Analysis.Find more information about Forex and Commodities News (), Technical Analysis (), Fundamental Analysis () and Brokers () on FX Empire ().
USD/CAD Technical Analysis for the week of January 02, 2018 by FXEmpire.com
I like the fact that you pointed out the housing bubble is bursting so their is a price to be paid there, NAFTA negotiations are not good for Canada, and oil has had its run. Also Canada is not raising rates in Jan. but US is. Also Canadian personal debt to GDB is the worst of any country in the world. I can’t see anything good going for Canada. Heck, we could even go to CADUSD of 65 if these issues all get extenuated and crude goes below 50 again which it could easily do.