It seems the 
CAD will regain strength here. The dollar printing and spending is starting to show up in currency charts and bond yields, whereas for now it was only reflected in the price of Gold, Bitcoin and Stocks. It'd be interesting to capture upside in commodities and commodity related plays, apart from the other stores of wealth I mentioned above. On the way down there is a level that can act as support and slow down the fall, near target one for this signal, so probably then we see a sideways range before further downside in the Dollar.
This is more of an analysis piece rather than a trade entry since the ideal entry is late by two days. But good info if you're holding longs or shorts in this pair.
Cheers,
Ivan Labrie.
CAD will regain strength here. The dollar printing and spending is starting to show up in currency charts and bond yields, whereas for now it was only reflected in the price of Gold, Bitcoin and Stocks. It'd be interesting to capture upside in commodities and commodity related plays, apart from the other stores of wealth I mentioned above. On the way down there is a level that can act as support and slow down the fall, near target one for this signal, so probably then we see a sideways range before further downside in the Dollar.This is more of an analysis piece rather than a trade entry since the ideal entry is late by two days. But good info if you're holding longs or shorts in this pair.
Cheers,
Ivan Labrie.
Trading ditutup: target tercapai
Target hit.
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Public, timestamped track record. Free month of the desk: ivanlabrie.netlify.app
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.