USD/CAD Forecast March 2, 2016, Technical Analysis

Daily Forex Reports | by FX Empire | Wednesday, 02 March 2016 05:53 UTC
The USD/CAD pair fell during the course of the day and sliced well below the 1.35 handle. Because of this, looks at the pair is ready to continue going lower, but we recognize that oil markets will be greatly influential and with the Crude Oil Inventories number coming out today, it’s possible we could get a complete turnaround. This should be a fairly volatile currency pair as a result, so be cognizant of that announcement coming out. With this, we think that the pair will be one of the more interesting ones to trade.



Recommended Forex Trading Platforms

Forex Trading We know that the right opportunity can happen at anytime, anywhere. Saxo Capital Markets is committed to giving you a suite of platforms that will enable you to access your account and trade the markets whenever and wherever you want.


Subscribe to Newsletter

To receive alerts by email when Free Forex Analysis are updated. Enter your email address below.