USD Suffering
Yesterday we got positive news regarding the US stimulus package and even though i dont expect a deal can get done before the election, i do think both parties may reach an agreement before election. Which as we all know is bad news for the USD INDEX and good news for the metals and futures and a handfull of other curriencies such as the EURO,GBP CAD etc....
The fed stance on low interest rates and a higher inflation rate has and will continue to create opportunities for shorting the dollor. I shorted USDCAD on october 15th and today the 21st of october it's down -0.95%( 125 pips in profit ) . With that said i think price could continue to fall to 1.29964 -0.89% drop from its current price or 116 pips.
USDCAD
The fed stance on low interest rates and a higher inflation rate has and will continue to create opportunities for shorting the dollor. I shorted USDCAD on october 15th and today the 21st of october it's down -0.95%( 125 pips in profit ) . With that said i think price could continue to fall to 1.29964 -0.89% drop from its current price or 116 pips.
USDCAD
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.