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.
Сделка закрыта: достигнута тейк-профит цена
Target hit.
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Public, timestamped track record. Free month of the desk: ivanlabrie.netlify.app
Похожие публикации
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.