Anbat

USDCAD is BEARISH & USOIL is BULLISH (next week)

Singkat
FX:USDCAD   Dolar A.S. / Dolar Kanada
6
From 4 hour chart of USD CAD & USOIL ( Candlestick: black is down & blue is up) next week USDCAD will be in a bear trading cycle and USOIL will be in bull trading cycle. Both pairs are negatively correlated. Lower time frames trade with major trend direction for safety reasons and money management. Continue to learn and understand everyday...

Note on chart-- where both pairs CROSS over each other is a MAJOR confrontation of TREND direction. Also, noted on chart is EMA 50 (purple line)- if purple line is above PA then sell & if purple line is below PA then buy. Good Luck!!
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.