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
Breaking news

Moderna CEO Predicts Vaccines to Struggle with Omicron - FT

USD/CAD – New High but More Here than Meets the Eye

USD/CAD – New High but More Here than Meets the Eye

Jamie Saettele, CMT, Sr. Technical Strategist


USD/CAD – New High but More Here than Meets the Eye

Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

-The trend has been higher since the May lows but the overlapping nature of the advance warns that the entire move is corrective (wedge aka diagonal triangle). The May-August trendline, which held earlier this month, is the trigger line for a pattern breakdown.” USD/CAD is pressing into a long term parallel, which has been a pivot since October 2015. This is a big decision point for Loonie.

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.