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Buoyant oil prices, related currencies enjoy strong gains

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 18, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    A very tight session in FX today, with few leads to trade off, though buoyant Oil prices were standout. That said, all related currencies had already enjoyed strong gains Wednesday. CAD is the primary focus in this respect, having traded down from the high 1.3800’s through 1.3700, but the early Feb lows look out of reach unless WTI can extend the upside through $32.0. DoE is out a little later; players waiting for confirmation of the 3.3m build reported in the API the night before. Equity

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