The USD is very weak against major currencies. We have opportunities on GBP/USD, EUR/USD and USD/CAD after price formed new key levels on Friday last week.
We look at the USD/CAD short sell set up I posted a few weeks ago. There are three key fundamentals driving the dollar lower at this time. 1.) Negative Interest Rate Differential 2.) Negative Current Account Balance 3.) Broad U.S Dollar Selling Across The Markets 2.) Higher Oil Prices (Positive for CAD) We look at technical analysis entry strategies and ATR 1...
We take a look at why the U.S Dollar is structurally on a bear trend against the High Yielding Emerging Market currencies. Two factors are going against the U.S Dollar. 1.) Low-interest rate differentials 2.) Negative Current Account Balance + Increased Fiscal spending increasing this problem for USD. These four setups are popular trades across investment...