KeyserSoze

WHAT YOU MISSED - USD/CAD

FX:USDCAD   U.S. Dollar/Canadian Dollar
Here we see the USD/CAD             being pulled back against that 1.30 mark. The CAD has kept up nicely against the USD almost soully due to that 27% oil             jump in late august - even though is was short lived.

Support and resistance levels wave between low 1.33 to 1.40 as expected, giving us an optimistic look at the near term volatility.

Even though its a tempting time to take up a position, oil             volatility is the straw that broke the camels back for me as there is no way to guess whats to come for this elusive commodity - CAD is simply to exposed to oil             prices. We will wait to see what is to come of this weeks inventory spending report.

Suggestion: GET OUT OF DODGE!
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out