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
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.
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.