Skip to Content
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
More View More
USD/CAD Pressing Highs into NFP

USD/CAD Pressing Highs into NFP

Jamie Saettele, CMT, Sr. Technical Strategist


Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

-Recent comments noted that “USD/CAD reversed sharply last week. The low is at (exactly at) former channel resistance, which turned into support exactly one year ago (in May 2015)…the rate has pulled back and estimated support is between 1.2700 and 1.2830 (top of the zone has already been reached).” The low of the pullback ended up being 1.2771. Focus is higher while above 1.2910.

For more analysis and trade setups (exact entry and exit), visit SB Trade Desk

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