Friday, October 16, 2026

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USD/CAD consolidates above range support

Inside day - opened +0.25% with sliding oil - CLc1 trades -2.9% in Asia Tight range in a quiet Asia - 5, 10 & 20 dma's crest, Bollinger's contract Neutral momentum studies - conflicting signals imply consolidation Close …

By Meredith J C Warren
1 min read
USD/CAD consolidates above range support
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  • Inside day - opened +0.25% with sliding oil - CLc1 trades -2.9% in Asia

  • Tight range in a quiet Asia - 5, 10 & 20 dma's crest, Bollinger's contract

  • Neutral momentum studies - conflicting signals imply consolidation

  • Close below 1.2350 range low would end uptrend short term

 

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