Forex technical analysis: USDCAD comes off as oil rallies via ForexLive

by Benzinga Staff
October 13, 2015 10:32 AM | 20 seconds read

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

Crude oil futures are up 1.97% in early tradeWith data light, the USDCAD seems to reacting to oil and technicals.On the oil front, Crude oil futures are up about 1.97% on the day. This is helping to pressure the pair back lower.  Yesterday, was the opposite. It saw crude prices fall from Friday's highs that neared $51 per barrel. 

posted via ForexLive

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

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