USDCAD Higher
i like USDCAD higher here from a technical perspective, there's a hammer on the 4 hour chart and a rejection on the daily at a pretty strong support level which is a good sign for me.
narrative is good for CAD right now, but i think it is shifting towards USD. US yields jumped higher yesterday, a lot of talk about a 50bp hike in the future as well.
USDCAD is following the S&P inversely very closely right now but also the yield differentials which are starting to suggest higher for me.
Not trading/investment advise! feedback welcome
narrative is good for CAD right now, but i think it is shifting towards USD. US yields jumped higher yesterday, a lot of talk about a 50bp hike in the future as well.
USDCAD is following the S&P inversely very closely right now but also the yield differentials which are starting to suggest higher for me.
Not trading/investment advise! feedback welcome
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.