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USD/CAD And Crude-Oil Technicals

ByGregor Horvat
Published 03/29/2019, 11:25 AM
US Dollar Canadian Dollar
-0.30%
CL
-3.21%

Hi traders,

USD/CAD is trading aggressively lower following surprising jump in Canadian GDP figures. Move down on USD/CAD has also been supported by higher Oil Prices which is at the high, but can reach more upside into wave 5) as this leg must be made by three subwaves. At the same time, USD/CAD may continue with its decline to 1.3330 and then even lower to 1.3000.
15-Min. USD/CAD

{{8849|Crude oil}}
1-Hour Crude Oil

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Latest comments

blue lightMar 30, 2019, 21:43
You must be desperate and the bias in your charts show. The bias is of course on the long side and you are probably long in your position. I think you are going to have a surprise this week and this is going down.
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