EURCAD Higher
I like EURCAD higher here.
There's a nice triple bottom that we've bounced off of which allows for a good stop loss.
I think EUR yields are jumping on the back of the SNB rate hike which surprised the market quite a lot. EURCAD rate differentials have been a good correlation to EURCAD and they are currently jumping.
EURCAD should also perform as a bit of a risk off trade to the upside with global tightening and the vix rising. global slowdown has been a worry for the markets and i think CAD would suffer more so than EUR in this type of environment.
Not trading/investment advise, feedback welcome!
There's a nice triple bottom that we've bounced off of which allows for a good stop loss.
I think EUR yields are jumping on the back of the SNB rate hike which surprised the market quite a lot. EURCAD rate differentials have been a good correlation to EURCAD and they are currently jumping.
EURCAD should also perform as a bit of a risk off trade to the upside with global tightening and the vix rising. global slowdown has been a worry for the markets and i think CAD would suffer more so than EUR in this type of environment.
Not trading/investment advise, feedback welcome!
Not
taking profit here for 2.04:1 RR
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.