Crude oil futures are up 1.97% in early trade With data light, the USDCAD seems to reacting to oil and technicals. On the oil front, Crude oil futures are up about 1.97% on the day. This is helping to pressure the pair back lower. Yesterday, was the opposite. It saw crude prices fall from Friday's highs that neared $51 per barrel. Technically, the pair yesterday found support buyers against the 100 day MA (the 100 day MA was at 1.2894 and the low came in at 1.2900). There was also a double bottom from Friday's low at the 1.2900 level (needless to say the natural support at the 1.2900 played a role). Today,the price ... (full story)