USD/CAD sticking to highs above 1.3600 heading into 2019

December 30, 2018

USD/CAD sticking to highs above 1.3600 heading into 2019

Oil markets have hampered the CAD.

New Year's trading promises a rush of fresh liquidity in the latter half of the week.

USD/CAD is trading steadily near 1.3630 as traders buckle down for rollover into 2019 and Tuesday's market holiday, with broader market volumes grinding to a halt as investors set up for the second off-day this holiday season.

Crude oil continues to see play towards the downside, leaving the Canadian Loonie exposed to further downside, with the commodity-linked CAD giving up steady ground to the Greenback with the USD/CAD pairing climbing for three straight months.

The pair remains latched onto near-term highs, threatening to plug into the major 1.3700 handle and 2017's peak heading into the new year.

USD/CAD Technical Levels

USD/CAD

Overview:
    Today Last Price: 1.363
    Today Daily change: -30 pips
    Today Daily change %: -0.220%
    Today Daily Open: 1.366

TRADE BINARY OPTION WITH IQ OPTION

SIGN UP NOW......