Tag Archives: Canadian Dollar

CANADIAN DOLLAR…USD/CAD

Posted on 07/15/2011

ETF traders can buy some FXC before the close today..We’ll honor the chart pattern. The current stop is 102.45, it’s trading at 104.22 Cash or Futures traders might be better served by waiting until Sunday to assess the price action … Continue reading →

Canadian Dollar…USD/CAD

Posted on 07/15/2011

A close below 95.58 USD/CAD puts in an outside reversal week in Canada. The commensurate futures price is a close above 104.32 ( pit) 104.37 ( all session). We’ll use 104.37. Closing over this level in the futures ( below in USD/CAD) … Continue reading →

A.M. Look 4/8/11

Posted on 04/08/2011

I am sure the mid-week shuffle twisted a lot of heads yesterday. The 30 yr Bond short was the cheapest way to be long the stocks.  Long Spu/Short bonds anyone? The stock trade still has massive sector rotation, meaning it all comes down … Continue reading →

USD/CAD…Pattern Alert

Posted on 04/01/2011

96.66 cash App 103.40 futures is double top territory on a qtrly chart. This is not a level to be buying Canada strength the first time up. Let it play out and keep your eye on CAD/JPY.

A.M. Look 2/17/11

Posted on 02/17/2011

USD/CAD is running some short term stops under 98.30. Copper has just completed a 50 % move back on the year. We have an outside reversal day put in Tuesday with a possible outside reversal week with a close under 44810. This … Continue reading →