Get started
YongLiang

USD/CAD, DAY CHART, SHORT (4-DEC-2016)

Short
U.S. Dollar / Canadian Dollar (OANDA:USDCAD)  
YongLiang  
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD usdcadshort usdcadforecast usdcaddaily usdcadsell Good Risk/Reward Crude Oil dailyoutlook usdcadoutlook priceaction
8
0
usdcad usdcadshort usdcadforecast usdcaddaily usdcadsell goodriskreward crudeoil dailyoutlook usdcadoutlook priceaction
We see the price of crude oil spike last week due to OPEC decided to cut 1.2m crude oil daily production.
If the trend continues, we do see the strength of CAD.

Caution on the BOC Rate Statement on Wednesday which might influence the movement of this trade significantly.

Technically, if the price able to break the support zone, we will call a short for it!

Related Ideas

YongLiang
GBP/JPY, DAY CHART, LONG (5-DEC-2016)
YongLiang
CRUDE OIL, DAY CHART, LONG (4-DEC-2016)
YongLiang
EUR/GBP, DAY CHART, SHORT (4-DEC-2016)
YongLiang
EUR/JPY, DAY CHART, NEUTRAL-SHORT (4-DEC-2016)
YongLiang
Top 5 Risk Management Rules
YongLiang
Top 10 Trading Psychology Rules
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.