ONLINE FOREX TRADING BLOG & FUNDAMENTAL SIGNALS

The following tables provide fundamental trading signals, based on fundamental analysis, for the United States American dollar, and the Canadian dollar. 

Data Last Updated: 19th June 2023

Overall, the USD continues to maintain strength over some currencies. Inflation appears to have been arrested and under better management; however, further change to interest rate is likely in the near-term.  

The most recent structural concerns within the banking sector is a developent to be monitored closely, over the medium term. 

U.S. AMERICAN DOLLAR (USD)

FUNDAMENTAL SIGNALS

USDEUR

BUY

USDJPY

BUY

USDGBP

BUY

USDCHF

BUY

USDCAD

BUY

USDAUD

BUY

USDNZD

BUY

USDRUB

SELL

At the current time, inflation appears to be under better control, and CAD maintains strength over some other common currencies. However, there are signs of attempt to dampen such strength. 

CANADIAN DOLLAR (CAD)

FUNDAMENTAL SIGNALS

CADUSD

SELL

CADEUR

BUY

CADJPY

BUY

CADGBP

BUY

CADCHF

HOLD

CADAUD

BUY

CADNZD

BUY