USD/CAD Forecast November 29, 2016, Technical Analysis

The USD/CAD pair broke down during the session on Monday, as we continue to consolidate between the 1.34 level on the bottom, and the 1.3550 level on the top. Given enough time, I believe that the market will try to bounce but we need to see the oil markets rollover in order to help this particular currency pair. We also get the US GDP numbers for Q3 coming out today, so if we get strengthen that number, it could be reason enough to push this market higher. Ultimately, I have no interest in selling because of all of the noise below. - The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate.

All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. bears no responsibility for any trading losses you might incur as a result of using any data within the