Thursday, October 15, 2026

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USD/CAD falls below 1.24 on strong oil, WTI at 53.20

1.2382 = 11-day low for USD/CAD as CAD regains from rising oil prices WTI at USD 53.20/barrel, 40 cents higher than Monday USD/CAD support levels are 1.2375 (Feb 6 low) & 1.2353 (Feb 3 low) Break below 1.2350 for pair op…

By Meredith J C Warren
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • 1.2382 = 11-day low for USD/CAD as CAD regains from rising oil prices

  • WTI at USD 53.20/barrel, 40 cents higher than Monday

  • USD/CAD support levels are 1.2375 (Feb 6 low) & 1.2353 (Feb 3 low)

  • Break below 1.2350 for pair opens up downside risk to 1.2115 (Jan 20 high)

 

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