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15 Aug 2013
USD/CAD jumps to 1.0360 on mix US numbers
FXstreet.com (San Francisco) - The USD/CAD traded higher following the US jobless claims and Empire State data and it extended advance from 1.0300 area to reach a intra-day high at 1.0365. However, the pair wasn't unable to hold these prices and currently it is trading back at 1.0335.
After easing gains, the USD/CAD is almost flat on the day. However, the short term perspective remains slightly bullish according to the FXstreet.com trend index in the 15-minute chart. Indicators such as MACD, CCI and Momentum are pointing to the north while the Stochastic is bearish.
Next support is 1.0300 ahead of 1.0290 and 1.0275. On the upside, resistances are at 1.0360, 1.0370 and 1.0400.
After easing gains, the USD/CAD is almost flat on the day. However, the short term perspective remains slightly bullish according to the FXstreet.com trend index in the 15-minute chart. Indicators such as MACD, CCI and Momentum are pointing to the north while the Stochastic is bearish.
Next support is 1.0300 ahead of 1.0290 and 1.0275. On the upside, resistances are at 1.0360, 1.0370 and 1.0400.