Technical Analysis – 16th February, 2015

February 16, 2015

Monday 16th, February 2015


Intraday Support & Resistance Levels

Intraday 160215 | Vantage FX


Technical Indicator Signals

Technical Indicator 160215 | Vantage FX


Currency Pair Spotlight

USDCAD 160215 | Vantage FX

USDCAD: The Canadian Dollar continues its rebound on a strong manufacturing report and higher oil prices. Manufacturing sales rose by 1.7% in December, beating the expected 0.5% rise, even though the sales of petroleum and coal products slumped by 9.3% during the period. Oil prices also supported the currency. The bearish signs of USDCAD are stronger as a top pattern seems to be forming soon and indicators slid from a high.

For a full market wrap up, see Anthony’s Daily Forex Market Report.


Today’s Key Economic Calendar Events

Economic Calendar 160215 | Vantage FX

For the full week’s outlook of events, please see our Economic Calendar


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