The USD/CAD pair went back and forth on Tuesday, but remains above the vital uptrend line marked on my chart. As long as we are above there, I believe that the buyers still have a good chance to continue the longer-term uptrend, and if oil starts to roll over as it looks likely to, that should add to the upside pressure. If we can break above the top of the range during the session on Tuesday, I think the buyers will return and we will make a move towards the 135 handle above. If we get a daily close below the 1.31 handle, I think then the sellers may take control.
Market Snapshot – Focus on Pound and Dollar
EUR/USD Daily Fundamental Forecast – November 23, 2017
EUR/USD Mid-Session Technical Analysis for November 22, 2017
E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – November 22, 2017 Forecast
Crude Oil Touching Important Values
E-mini S&P 500 Index (ES) Futures Technical Analysis – November 22, 2017 Forecast
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