USDCAD LONGER TERM HINT

21 Oca 2016

This doesn't give you a trade idea. it gives you a recap on how the cycle develops and the price develop due to the current volatility. it can be used to give you a fundamental reflected technical analysis. Cause the price action tell everything on the fundamental.

too much strong rally due to USD strengthen.

22 Oca 2016

İşlem aktif

Fundamental adjustment plus the techinical position is too heavy on the long side, this will cause the squeeze effect and people rush to cover their position if there is any dovish statment. Whether is currency lead the oil price or oil price lead the currency. it doesn't matter

25 Oca 2016

Not

USDCAD will reverse back to the middle of the upper trend. As the previous up is to shape and fast, it is too pessimism of CAD.

26 Oca 2016

Not

uptrend hold the support nicely.