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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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.