On the daily chart of the USDCAD we can see that the pair has been in a bearish channel since late June. Every time the pair tried to rally, the upper boundary of the channel kept the price to the downside. Now the USDCAD is at the 1.3000 level, which could act as support. Below the 1.3000...
Crude oil futures managed to make a bullish comeback this morning on the much weaker dollar. The energy has climbed this morning by 45 cents to $88.95. This is after it made very heavy declines during yesterday's trading session. It is important to take into account that crude slumped yesterday...
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