Disliked{quote} I am getting to the point of believing TA is mostly BS in Forex. It seems fundamentals are now of greater importance.Ignored
UC - this is basically an oil proxy. Oil up then CAD down so UC goes up! Don't believe me look at EC and it shows the same movement today as UC - the CAD is driving the pair.
AU - this is a commodity China proxy. China does good and needs commodities then AUD goes up so AU goes up
It used to be that USD and JPY and CHF were the currencies people chose for risk off, now not so much....
Interesting times....
...because you never know - until you do!
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