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 Break Not Yet Convincing

Canadian Dollar Break Not Yet Convincing

Jamie Saettele, CMT, Sr. Technical Strategist

Daily Bars

eliottWaves_usd-cad_body_usdcad.png, Canadian Dollar Break Not Yet Convincing

Prepared by Jamie Saettele, CMT

“The decline from the October high is viewed as a correction (A, triangle B, C) that is expected to terminate near the mentioned 9725/75.” The USDCAD has broken down but the general USD reversal theme can’t be ignored. Keep looking lower, albeit cautiously, towards the mentioned levels.

Bottom Line – Lower?

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