USD/CAD Forecast December 7, 2016, Technical Analysis

The US dollar went back and forth during the day on Tuesday, showing signs of support below. The 1.32 level is massively supportive, so we can break above the top of the candle for the session on Tuesday, we should continue to go higher, perhaps reaching towards the 1.35 level above. I believe that the market will continue to go higher if the oil markets can roll over, which of course has the Crude Oil Inventories number coming out. Ultimately, I have no interest in selling this market as I see so much in the way of support and noise underneath. - 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