এখন থেকে আমরা Elev8
আমরা শুধুমাত্র একটি ব্রোকার নই। আমরা একটি সর্বাত্মক ট্রেডিং ইকোসিস্টেম—বিশ্লেষণ, ট্রেড, এবং প্রবৃদ্ধির জন্য আপনার যা কিছু প্রয়োজন তা এক জায়গায়। আপনার ট্রেডিং উন্নত করতে প্রস্তুত?
ট্রেডিং এর খবর
3 Feb 2016
USD/CAD: Upside capped by 1.4100 as oil stabilizes
FXStreet (Mumbai) - The USD bulls took a breather in its upsurge and consolidated the upside, as the Canadian dollar remains pressured following the overnight slump in the black gold.
USD/CAD mirrors oil moves
Currently, the USD/CAD pair rises 0.26% higher at 1.4092, struggling hard to extend beyond 1.41 handle. The USD/CAD pair extends its upbeat momentum for the second straight session as the renewed sell-off in oil prices stalled the 5-day rally seen in the CAD last week.
Oil prices slumped almost 7% yesterday after expectations over a possible meeting Russia and OPEC regarding output cuts were squashed. Moreover, crude reserves as reflected by the EIA report, are expected to grow and add to the already saturated oil markets, which weighed on the oil prices. At the moment, WTI trades -0.55% near $ 29.70, while the Brent drops -0.49% at $ 32.50.
Markets now await the employment report from both the US and Canada due later this week for fresh insight on the USD/CAD pair.
USD/CAD Technical Levels
To the upside, the next resistances are seen near 1.4121/24 (daily R1/ Jan 28 High) and 1.4158/75 (Jan 27 High/ daily R2). To the downside, immediate support might be located at 1.4032/26 (1h 100-SMA/ 50-DMA) and below that 1.4000 (psychological levels).
USD/CAD mirrors oil moves
Currently, the USD/CAD pair rises 0.26% higher at 1.4092, struggling hard to extend beyond 1.41 handle. The USD/CAD pair extends its upbeat momentum for the second straight session as the renewed sell-off in oil prices stalled the 5-day rally seen in the CAD last week.
Oil prices slumped almost 7% yesterday after expectations over a possible meeting Russia and OPEC regarding output cuts were squashed. Moreover, crude reserves as reflected by the EIA report, are expected to grow and add to the already saturated oil markets, which weighed on the oil prices. At the moment, WTI trades -0.55% near $ 29.70, while the Brent drops -0.49% at $ 32.50.
Markets now await the employment report from both the US and Canada due later this week for fresh insight on the USD/CAD pair.
USD/CAD Technical Levels
To the upside, the next resistances are seen near 1.4121/24 (daily R1/ Jan 28 High) and 1.4158/75 (Jan 27 High/ daily R2). To the downside, immediate support might be located at 1.4032/26 (1h 100-SMA/ 50-DMA) and below that 1.4000 (psychological levels).