As Oil Prices Fall, Make This 1 Key Commodity Trade ASAP
Jim Wyckoff - Barchart - 1 hour ago Columnist
A pile of Canadian banknotes and coins_ Image by Kikinuchi via Shutterstock_
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 crossed below the red trigger line.
Fundamentally, the Canadian economy is dependent on natural resources — particularly crude oil (CBX25), natural gas (NGV25), and metals. Canada is one of the world's top oil exporters, and the recent declines in crude oil prices has pressured the Canada dollar against the U.S. dollar.
A move in the December Canada dollar below the aforementioned solid chart support at the August low of .7220 would give the bears fresh power and it would also become a selling opportunity. The downside price objective would be .7050 or below. Technical resistance, for which to place a protective buy stop just above, is located at .7300.
 www.barchart.comIMPORTANT NOTE: I am not a futures broker and do not manage any trading accounts other than my own personal account. It is my goal to point out to you potential trading opportunities. However, it is up to you to: (1) decide when and if you want to initiate any trades and (2) determine the size of any trades you may initiate. Any trades I discuss are hypothetical in nature.
Here is what the Commodity Futures Trading Commission (CFTC) has said about futures trading (and I agree 100%):
Trading commodity futures and options is not for everyone. IT IS A VOLATILE, COMPLEX AND RISKY BUSINESS. Before you invest any money in futures or options contracts, you should consider your financial experience, goals and financial resources, and know how much you can afford to lose above and beyond your initial payment to a broker. You should understand commodity futures and options contracts and your obligations in entering into those contracts. You should understand your exposure to risk and other aspects of trading by thoroughly reviewing the risk disclosure documents your broker is required to give you.
On the date of publication, Jim Wyckoff did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
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The Consistency Benchmark: How Exness Set the New Industry Standard
Barchart Impact - Tue Sep 23, 9:26AM CDT Sponsored Content
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Exness
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Lowest, fastest, biggest, most accurate—these superlatives are familiar refrains in the trading world. Yet brokers often overlook a more crucial concern: consistency.
For a trader, consistent results are impossible without a consistent platform. An unstable trading environment makes it difficult to analyze performance, forecast outcomes, or manage risk effectively. This leaves traders facing unforeseen risks resulting from platform instability, derailing even the most well-researched strategies.
Many brokers in the industry present a false choice: stability or innovative features. But in truth, it is not a limitation but a fundamental benchmark. For Exness, consistency is the standard that the company has engineered through its proprietary technology, delivering a reliable and frictionless trading experience while simultaneously offering better-than-market conditions.
How Exness engineers stability
Markets fluctuate constantly, and stability and execution are very important when developing a trading strategy. To understand why price stability isn’t an industry standard, we need to go back to how brokers set their prices. Most brokers receive their pricing from third-party liquidity providers who widen their spreads to reduce risk during volatility. The brokers then simply pass on the wider spreads with their markup to the traders. This is often accepted as just the way the market works.
Exness challenges this passive model by acting as its own liquidity provider and developing its own aggregator and pricing algorithm technology. This in-house control over the final price is the key difference, allowing the broker to offer the tightest and most stable spreads on popular assets like XAUUSD, BTCUSD, and USOIL.1
But stable pricing is only half of the equation. To be fully effective, it must be paired with precise and fast execution.2 It’s a critical capability that over 1 million active clients trust to maintain a strategic edge, especially during high-impact news.
Protection beyond limitsA core part of Exness’ offerings is its approach to stop outs. By setting its stop out level to 0%, Exness provides a crucial buffer against temporary market volatility. The impact of this is significant: Exness’ clients experience three times fewer stop-outs than with competitors.3 This is a fundamental strategic advantage that minimizes the risk of premature and avoidable position closure due to market spikes.
Another factor that gives Exness traders a better chance of achieving their strategic goals is Negative Balance Protection. This feature guarantees that Exness traders’ accounts will never go below zero. Together, these features give traders the breathing room to manage risk more effectively, shielding them from avoidable liquidations and debt.
Withdrawals without the wait
True reliability goes beyond the trade—it’s there when traders access their funds as well. While delays and uncertainty are common elsewhere, 98% of Exness’ withdrawals are processed automatically.4 This gives traders full control over their funds, allowing them access to their funds without friction.
Exness has set the new benchmark for financial agility, one that keeps pace with the markets. When your strategy is agile, your broker must be, too.
Setting the benchmark for a new era
Setting the benchmark in such a saturated market is extremely challenging. Still, with innovative technology and a focus on what traders really need, Exness has managed to set a bar that many will find difficult to surpass. In 2025, this means more than just uptime or tight spreads when conditions are calm. It means pricing that stays fair when the market turns volatile. It means execution that holds steady under pressure. It means withdrawals that put traders in control of their funds.
Traders deserve a broker like Exness that has built its systems to help them manage risk, maintain stable spreads during significant market events, and protect traders’ capital when it matters most.
1 Tightest and most stable spread claims refer to the lowest maximum spreads and the tightest average spreads on the Exness Pro account, for XAUUSD, USOIL, and BTCUSD, based on data collected from 25 August to 7 September 2024, when compared to the corresponding spreads across commission-free accounts of other brokers.
2 Delays and slippage may occur. No guarantee of execution speed or precision is provided.
3 On average, Exness has three times fewer stop outs than competitors. Analysis covers orders for April 2025, comparing Exness’s 0% stop-out level to three competitors’ levels (15%, 20%, 50%). To normalize extreme ratios, stop out results have been square-root transformed, values rounded to the nearest whole number, without taking into account the conditions that indirectly affect the stop out.
4 At Exness, over 98% of withdrawals are processed automatically. Processing times may vary depending on the chosen payment method.
This article contains sponsored content. Barchart has not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
Related Symbols
SymbolLastChg%Chg| D6Z25 | 0.72260 | -0.00220 | -0.30% | | Canadian Dollar | | CBX25 | 68.61 | +0.98 | +1.45% | | Crude Oil Brent | | NGV25 | 2.870 | +0.017 | +0.60% | | Natural Gas |
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