USD/CAD Weakens Below 1.36833 with Trend in Focus

Research preview

USDCAD News And Catalyst Brief The headline set is not neutral around commodity demand. USDCAD has a balanced headline read, with commodity pressure setting the volatility backdrop. Final bias: neutral until price accepts a level outside the current pivot range. For the trade plan, the news gives direction of risk while the chart decides whether that risk is tradable. Russia's black sea oil terminal in novorossiysk suspends loadings following drone attacks rtrs sources. Russia's black sea oil terminal in novorossiysk has suspended loadings following drone attacks on friday – sources. Level snapshot Latest price1.38732 Support band1.36833 / 1.36712 / 1.36631 Resistance band1.38879 / 1.39035 / 1.39116 Daily pivot1.39382 Market tonebearish...