U.S. Dollar / Canadian Dollar
Short
Updated

USDCAD, SHORTS are piling up..BUYERS exiting. prep for DESCEND

931
USDCAD based on daily data is conveying a significant increase in short positions -- and buyers/LONGS exiting.

Expect some series of descend (downside) from the current price point.

Spotted at 1.36

TAYOR
Safeguard capital always.
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USDCAD moving as planned.
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Moving as planned. Huge sell off from the top.
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Chart Update:

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Resistance touch. More Downside Incoming.

TAYOR.
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DAILY DATA UPDATE:

USD LONGS are fading out. Prep for a signficant price trim-downs.

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Short prospect on this one looks appealing.
Double head bump on top.

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weekly data update:

USD is undergoing a "BULL LINE DETACHMENT" based o weekly data -- meaning a weakening long prospect.

1.362 Spotted.

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Expect more descend in a few weeks.

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TAYOR.
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RESET SHORTS.
Note
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Daily data update:

Weakening longs spotted based on daily metrics.

Expect some gravitational pull downs from the current peak range.

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Bear weight is back again. Descend continuation in order.

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Danger signal for LONGS.

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BREAKDOWN will continue.
More hefty price trim downs expected with rate cut expectation in June.

TAYOR.

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LONG TERM DATA metrics update:

LONGS are abandoning ship now.
Get ready for a massive breakdown this year.

TAYOR.

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There ya go, a BREAKDOWN.

More descending action is expected from the dollar.
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1h data update:

The breakdown will continue from the current levels.

Next target: Below 1.360

TAYOR.
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so far so good. we'll be under 1.36 soon.
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SELL.

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4H DATA UPDATE:

That head BUMP on resistance line was so precise, downside continuation in order.

Target set at 1.355

TAYOR.

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USDCAD spiraled down as expected.
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So far so good on this. More trim downs ahead.
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This is playing out well so far.

More trim downs expected - long term.
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Ultra long term data:

USD is now on a very heavy critical state -- a massive breakdown will be in the offing soon.

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SHORT opportunity at the current range.

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More significant breakdown ahead.

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We're now below 1.370, more trim downs expected.
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weekly data just confirms everything.

STRONG SELL.

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Daily data update:

a 100 pip drop is ripe at this point n ow.

Spotted at 1.370

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UCAD bumping it head off on a 2-year strong resistance.

Expect some weighty trim downs from here on.

Spotted at 1.38.0

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