The CAD trade balance was a billion dollars higher than estimates, aussie is +1.2%, kiwi is +2.3%, oil is up $4/barrel, and USDCAD is only -0.14%?
Does this seem odd to anyone else??
Does this seem odd to anyone else??
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DislikedThe CAD trade balance was a billion dollars higher than estimates, aussie is +1.2%, kiwi is +2.3%, oil is up $4/barrel, and USDCAD is only -0.14%?
Does this seem odd to anyone else??Ignored
DislikedI have never seen this much attention paid to the CAD. I see allot of technical analysis and correlations to oil n such, but nobody seemed to mention that the USD/CAD started its reversal when the G20 said that the devaluation of the USD disproportionate in some pairs.Ignored
DislikedI'm looking more at the intermediate term than intraday. C/J has tumbled going into mid-December every year since 2002. A recovery might not begin until Jan or later, and it could tumble lower until then. However, the crude vs C/J divergence rarely has extended this long or to this degree. C/J has been locked in a range since 11/21, and lately the range is getting tighter (coiling). There should be a breakout in the future and the odds favor the upside.Ignored
DislikedLooks like we'll get our C/J breakout sooner rather than later.Ignored
DislikedEvery indicator I had said it was due to take off, I just wish I bought more. Once the stops were run on UJ's 112.50 level last night, all signs were green. The question now becomes whether it can break its 200-day sma (111.72) and the 61.8 fib right above that (111.83). Once those are history, look out.Ignored
DislikedCCI is expanding from the top = here comes major volatile price action - elevators down and then stairs up again as it expands more and more towards the sell zone increasingly.Ignored