The U.S. dollar could be gaining strength as global importers scramble for dollars and U.S. energy revenues potentially flow back into domestic markets. Escalating tensions near the Strait of Hormuz could be tightening energy supply, potentially adding a geopolitical premium that feeds back into both oil prices and dollar demand. Support and resistance levels have been drawn on the USD/CAD and crude oil point and figure charts, offering a framework to watch how these dynamics may play out technically.