December Canada dollar (D6Z25) futures present a selling opportunity on more price weakness. See on the daily bar chart for the December Canadian dollar futures that prices are in a downtrend and last week hit a six-month low. The bears have the firm near-term technical advantage. More News from Barchart Fundamentally, the Canadian economy is heavily dependent on commodity exports, including crude oil (CLZ25). Crude’s recent price declines are a negative for the Canadian economy. In the meantime, the U. ...

December Canada dollar (D6Z25) futures present a selling opportunity on more price weakness. See on the daily bar chart for the December Canadian dollar futures that prices have dropped recently and are now just above key technical support, that if breached, would likely set off sell-stop orders to drive prices still lower. See, too, at the bottom of the chart that the moving average convergence divergence (MACD) indicator has just produced a bearish line crossover signal, as the blue MACD line has crosse ...