This could very well be the trade of the year. We could be in the beginning of a massive move up. I know some would say it's not feasible with the current economic climate but I am basing this on CAD getting weaker and USD going bullish in the medium term. I will be posting the CAD index in the links below.
@JustNumberz, been did that.. Iām done here.. the blind likes to follow the blind... but gl
Trendsharks
ā
Such a bullish reversal is quite possible indeed. The market is yet to price in the quite robust earnings season in the U.S., which is likely to strengthen the greenback. In contrast, the expected correction on crude is likely to weaken the overbought loonie: