USD/CAD Forecast March 24, 2017, Technical Analysis

The USD/CAD pair initially tried to rally on Thursday, but found enough resistance to turn things around to form a shooting star. The shooting star of course is a negative sign but the massive hammer from a couple of sessions before should continue to be supportive. I think the market will simply chop around and follow oil in general. I still believe longer-term we will see this market go higher, but in the meantime, it looks like quite a bit of consolidation is probably on the docket over the next several sessions. - 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