News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
Oil - US Crude
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
More View more
Canadian Dollar 10100 is a Short Term Measured Level

Canadian Dollar 10100 is a Short Term Measured Level

Jamie Saettele, CMT, Sr. Technical Strategist

240 Minute Bars

eliottWaves_usd-cad_body_usdcad.png, Canadian Dollar 10100 is a Short Term Measured Level

Prepared by Jamie Saettele, CMT

There are multiple possible USDCAD outcomes at the current juncture and only a violation of a key level will provide clarity. A bullish triangle remains valid as long as price is above 100750. A measured level at 10103 (2 equal legs down from 10319) and the short term channel reinforce support. A drop below 10075 would shift focus to the October low at 9891. Near term resistance is 10190-10215.

Bottom Line – long, stop 10075

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.