Tag Archives: Canadian Dollar
USDCAD | Canadian Dollar
USDCAD is up against the 200 day Mvg Avg.@ 100.55.( 99.43) is the corresponding Futures level. Pay attention to this level for reactions off the currency crosses as well as contributing to oversold rallies in the equity indices. This will … Continue reading
A.M. Look 2/29/12
LTRO was a big yawn… The commodity currencies are leading the crosses this A.M. USD/CAD…a close under 99.06 USD/CAD is needed for an ORL week. ( over 100.90 H Futures). 99.29 USD/CAD ( 100.69 H Futures) is where the 50 … Continue reading
Trade Alert..Canadian Dollar…USD/CAD
Close all Long Canadian Dollar positions @ the market….That means Futures as well as Short USD/CAD
Portfolio Adjustment
We’re moving down to a 30% Long exposure to the Oil and related names @ 4 P.M. EST. This includes..OXY,XLE,USO,OIL Futures as well as our Long Canadian Dollar position. Although this is a capital flow which I believe will play … Continue reading
A.M. Look 2/21/12
USD/CAD…98.80-99.00 continues to be the hurdle level ( Dollar support). This runs up to 101.37 in the (H) Futures. Simply put, don’t buy Futures strength/ sell Dollar weakness into this level. The Canada will need more than one attempt at … Continue reading
A.M. Look 2/17/12
USD/CAD..either side of 99.20 USD/CAD ( 100.70 H Futures) is the next hurdle level. AUD/USD…shows all new strength is needed above 108.00-25 for new upside. USO…a couple of closes over 40 in this etf should project another 10% toward 44. … Continue reading
USD/CAD…Canada..Trade Alert!
Dr. Nenner was looking for 100.70 USD/CAD ( app 99.25 H Futures) to sell USAD/CAD “Buy Futures” so far, no mas. It’s early in the day, however we’re going to start a long position in the Canada Futures ( short … Continue reading
Aussie & Canada
First off let me thank the wonderful technology company “CQG” for having me basically in the dark for the past 10 hours while their tech people have been inside my brand spanking new Dell trying to sort out glitches in … Continue reading
CADCHF…Long Canadian Dollars/Short Swiss Francs
This chart is Long Canada/ Short Swiss franc.. While the short term charts show that selling Euro & Swiss weakness is problematic, buying hard breaks in the Canada or the Aussie against shorting the Euro & Swiss looks like this … Continue reading
USD/BRL ( Brazilian Real)…USD/CHF ( Swiss Franc)…USD/CAD ( Loonie)
177.70 ish USD/BRL should be a reasonable Risk On barometer. Under this USD/BRL level, Risk assets will be in vogue. Over, ( trading towards 180) Risk assets will be less attractive. The Swiss Franc keeps attempting to come back to … Continue reading