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Trading news
9 May 2013
Forex: USD/CAD jumps to 1.0090
FXstreet.com (San Francisco) - The Dollar is currently trading higher across the board and against its Canadian counterpart, the Greenback is now 0.60% positive on the day. The USD/CAD has jumped around 70 pips in the latest few minutes from 1.0020 to break above the 1.0070 area and to test fresh intra-day high at 1.0090.
According to the Fxstreet.com trend index, the USD/CAD is slightly bullish with indicators such as MACD, CCI and Momentum pointing to the north while the Stochastic is bearish in the 15-minute chart.
Above the 1.0090, next supports are at the 1.100 key level, 1.0115 and 1.0130. On the downside, supports are at 1.0060, 1.0040 and 1.0015.
According to the Fxstreet.com trend index, the USD/CAD is slightly bullish with indicators such as MACD, CCI and Momentum pointing to the north while the Stochastic is bearish in the 15-minute chart.
Above the 1.0090, next supports are at the 1.100 key level, 1.0115 and 1.0130. On the downside, supports are at 1.0060, 1.0040 and 1.0015.