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Oil weighing heavy on CAD
U.S. Dollar / Canadian Dollar
Long
Oil weighing heavy on CAD
By ridethepig
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Updated
Mar 1, 2019
3
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5
5
Feb 28, 2019
For this week we have a very interesting move with Oil being pulled down via demand shocks and incoming dollar strength via yields.
A great time for a review of our previous chart (see related ideas) where bulls came in as expected and defended 1.312.
Best of luck to those trading this pair...lets see how it goes!
Mar 1, 2019
Note
Huge miss on GDP from Canada
Apr 26, 2019
Trade active
All targets cleared at 1.348 .. well done bulls !
May 1, 2019
Trade closed: target reached
CAD
cl1
Technical Indicators
Oil
ridethepig
Trend Analysis
USD
USDCAD
Crude Oil WTI
Wave Analysis
ridethepig
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