USD/CAD

Quoting Citiboy

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Whaddya know, its setting up another classic pattern again. gonna be add fresh longs if we trade down to lower end of the flag at 1.1050, then will buy more on a break above 1.1150. Bets are off if new lows are made under 1.1035 {image}

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Quoting 81raffae

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Sorry, i speak english very little, and i have a question about some "financial word" contained in a news about Canada : Bank of Canada says downside risks to inflation ‘remain important’ What does it mean this news? What does mean the words DOWNSIDE RISKS ? It means that the risk of the inflation, and so the risk of the rise in the prices, is decreased ? sorry for my ignorance

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Quoting Forexia

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{quote} It means the risk of inflation rate being too low. Right now the inflation rate is supposedly below their target rate and Bank of Canada is afraid that it will go even lower which is also not good for the economy. From where I see it though, there is inflation everywhere. Hope this helps.

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Quoting OMGtrader

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{quote} been choppy for all the majors. Boring....

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Quoting Quidsey

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{quote} .... your signature says 'trade what you see, not what you think', UC has dropped 90pips since Tuesday, GU 100pips in the same period, UJ 120 pips.... what are you looking at? If you see chop why don't you trade it?

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Quoting triplecrown

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is this still valid? looking to long this

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