- XAUUSD
- XAGUSD
- WTI
- USDX
Markets
Analysis
User
24/7
Economic Calendar
Education
Data
- Names
- Latest
- Prev
- Trade
- Markets
- Copy
- Contests
- 24/7
- Calendar
- Q&A
- Chats
SYMBOL
LAST
BID
ASK
HIGH
LOW
NET CHG.
%CHG.
SPREAD
SOURCE
SPX
S&P 500 Index
7389.49
7389.49
7389.49
7405.05
7369.00
+24.04
+ 0.33%
--
--
DJI
Dow Jones Industrial Average
51851.89
51851.89
51851.89
51903.80
51617.73
+185.06
+ 0.36%
--
--
IXIC
NASDAQ Composite Index
25650.44
25650.44
25650.44
25749.07
25545.70
+63.39
+ 0.25%
--
--
USDX
US Dollar Index
101.380
101.380
101.460
101.530
101.110
+0.250
+ 0.25%
--
--
EURUSD
Euro / US Dollar
1.13448
1.13448
1.13455
1.13837
1.13243
-0.00363
-0.32%
--
--
GBPUSD
Pound Sterling / US Dollar
1.31552
1.31552
1.31562
1.32087
1.31415
-0.00473
-0.36%
--
--
XAUUSD
Gold / US Dollar
4024.36
4024.36
4024.70
4114.95
3964.43
-86.12
-2.10%
--
--
WTI
Light Sweet Crude Oil
70.087
70.087
70.117
73.018
69.531
-2.776
-3.81%
--
--
- All
- Chatrooms
- Groups
- Friends
Ghhh 
now
Ghhh
come on
Jesse Livermore 
im waiting for a new opportunity
Jesse Livermore
hope its just a traceback
4834119 
All of you are doing great 🤲
Jesse Livermore
@Visitor4834119hi
4834119
QUANGTHUONGLC
QUANGTHUONGLC
Tomcat
Tomcat
Onit 
EuroTrader 
SlowBear ⛅
Onit
for sure! rest well!
ankur 
best to buy the gold ? Now
Slow is Fast 
Today is Wednesday, and the overnight fee is tripled...long cannot hold it well
Slow is Fast
If you've ever looked at overnight fees, you'll find it's ridiculous now.
Hamid 
Hamid
- All
- Russia-Ukraine Conflict
- Middle East Flashpoint
Will USD/CAD Continue To Consolidate Within Ascending Channel?
Summary:
Wednesday may witness the potential for the USD/CAD to weaken amid the backdrop of stronger crude prices.
EXPIRED
1.36659
Entry Price
1.38959
TP
1.35673
SL
1.42339 +0.00244 +0.17%
--
Pips
EXPIRED
1.35673
SL
1.35186
Exit Price
1.36659
Entry Price
1.38959
TP
Fundamental Analysis
For the second consecutive session, the USD/CAD pair has shown a downward trend, with a slight decrease to approximately 1.3560 during the Asian trading session on Wednesday. This decline is partly attributed to the strength of crude oil prices, which bolster the Canadian Dollar (CAD) and consequently weaken the USD/CAD pair.
The price of Western Texas Intermediate (WTI) crude oil is hovering around $84.80, near its highest level since October 2023. This increase in WTI price is supported by a combination of factors including a weakening US Dollar and concerns regarding supply due to geopolitical uncertainties.
Furthermore, the downward pressure on the USD/CAD pair is exacerbated by the weaker US Dollar Index (DXY). DXY is facing challenges following dovish comments from Federal Reserve (Fed) officials. Cleveland Fed President Loretta Mester has expressed expectations of rate cuts later this year, while San Francisco Fed President Mary Daly considers three rate cuts in 2024 "reasonable," pending further evidence.
In economic news, US February JOLTS Job Openings surpassed market expectations by rising to 8.756 million from the previous figure of 8.748 million. Additionally, Factory Orders increased by 1.4% month-on-month in February, rebounding from a 3.8% decline in the prior reading.
Looking ahead, market participants are expected to closely monitor Canadian Import and Export data on Thursday, along with labor data scheduled for release on Friday. In the US, attention will focus on the ADP Employment Change and ISM Services PMI data on Wednesday. Furthermore, Federal Reserve Chairman Jerome Powell is scheduled to deliver a speech on the US economic outlook at the Stanford Business, Government, and Society Forum in Stanford.
Technical Analysis
USD/CAD has been moving steadily within the ascending channel and formed a resistance priced at around 1.36000 which is also a psychological resistance. I have a slight bias for USD/CAD heading towards the upside so I will be placing a buy stop order for a long position.
BUY STOP USD/CADENTRY PRICE : 1.36659
STOP LOSS : 1.35673
TAKE PROFIT : 1.38959
Risk Warnings and Disclaimers
You understand and acknowledge that there is a high degree of risk involved in trading. Following any strategies or investment methods may lead to potential losses. The content on the site is provided by our contributors and analysts for information purposes only. You are solely responsible for determining whether any trading assets, securities, strategy, or any other product is suitable for investing based on your own investment objectives and financial situation.
Copyright © 2026 FastBull Ltd
728 RM B 7/F GEE LOK IND BLDG NO 34 HUNG TO RD KWUN TONG KLN HONG KONG
Risk Disclosure
The risk of loss in trading financial instruments such as stocks, FX, commodities, futures, bonds, ETFs and crypto can be substantial. You may sustain a total loss of the funds that you deposit with your broker. Therefore, you should carefully consider whether such trading is suitable for you in light of your circumstances and financial resources.
No decision to invest should be made without thoroughly conducting due diligence by yourself or consulting with your financial advisors. Our web content might not suit you since we don't know your financial conditions and investment needs. Our financial information might have latency or contain inaccuracy, so you should be fully responsible for any of your trading and investment decisions. The company will not be responsible for your capital loss.
Without getting permission from the website, you are not allowed to copy the website's graphics, texts, or trademarks. Intellectual property rights in the content or data incorporated into this website belong to its providers and exchange merchants.
Not Logged In
Log in to access more features
Become a signal provider
Help Center
Dark Mode
Price Up/Down Colors
Log In
Sign Up