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.

Free Trading Guides
EUR/USD
Bullish
Oil - US Crude
Mixed
Low
High
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
Wall Street
Bullish
Low
High
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
Gold
Bearish
Low
High
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
GBP/USD
Mixed
USD/JPY
Bullish
Low
High
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
Real Time News
  • Trump: - Hong Kong is no longer sufficiently autonomous - Beginning the process to eliminate special treatments given to Hong Kong $SPX
  • Trump: - Taking action to protect the U.S. financial system and directing working group to study the differing practices of Chinese companies listed on U.S. exchanges $DXY $NDX
  • President Trump is listing out his accusations for China. Normally, would consider this lead up to sanctions, but he doesn't always follow that playbook
  • President Trump says investment firms should not be subjecting their clients to investing in Chinese companies that do not play by the same rules $FXI
  • Quite the strong language here, #SP500, #DowJones turning lower as #USD rises after brief 'risk-on' spike on reports Trump is not planning to quit the phase-one deal with China. Trump also said the US is 'terminating relationship' with the #WHO https://t.co/nc9wFepYyZ
  • Trump: - We will be terminating our relationship with the WHO and diverting those funds to other health needs around the world $SPX
  • President Trump says the United States is terminating its relationship with the WHO
  • Trump: - The Chinese government has continually violated its promises to the U.S. $SPX
  • Trump: - China has raided U.S. factories and stolen our property - China has violated WTO commitments $SPX
  • Commodities Update: As of 18:00, these are your best and worst performers based on the London trading schedule: Silver: 2.81% Gold: 0.88% Oil - US Crude: -0.65% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/d9nZVX1KUK
USD/CAD Recovery Rejected at Month Open Price

USD/CAD Recovery Rejected at Month Open Price

2015-02-12 20:15:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

Daily

USD/CAD Recovery Rejected at Month Open Price

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Automate trades with Mirror Trader and see ideas on other USD crosses

-“USDCAD has pushed through the 2007 high at 1.1875, 61.8% extension of the 2007-2009 rally from the 2011 low at 1.1882, and several upward sloping parallels. The next cluster of technical levels is between 1.25 and 1.2730.”

-“USDCAD nearly traded 1.28 on January 30th (the rate put in a top last year on the 31st) and has since retraced everything since 1/23. 1.2180 (38.2% of rally from November low) may provide important support for another rally attempt.”

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

DISCLOSURES

News & Analysis at your fingertips.