With Tariffs on pause for 90 days EXCLUDING Canada, Mexico and China - This is going to have a major negative effect on the Canadian Dollar.
We are already seeing it come down and the news gets worse, because Tariffs are just one thing fuelling this fire. Others include:
1. Oil's Looking Weak 🛢️📉
Since Canada’s economy is tightly linked to oil exports, the recent softness in crude oil prices could drag CAD down, making CADCHF more likely to dip.
2. Swissy’s Flexing Safe Haven Muscles 💪🇨🇭
When global uncertainty rises (think geopolitical tensions or shaky equities), traders usually flock to the Swiss Franc for safety — pushing CHF higher and pressuring the pair.
3. BoC’s Dovish Leaning 📉🏦
The Bank of Canada has been hinting at potential rate cuts or at least staying cautious, while Switzerland isn’t exactly rushing to ease — that’s a recipe for CAD weakness.
4. Risk-Off Vibes Across Markets ⚠️📊
If markets stay nervous — like during global slowdown fears or recession talks — CAD typically suffers since it’s more “risk-on” while CHF benefits.
And as per above, the technicals are looking shocking too.
Inverse Cup and Handle
Price <20 and 200
Target 0.5768
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
We are already seeing it come down and the news gets worse, because Tariffs are just one thing fuelling this fire. Others include:
1. Oil's Looking Weak 🛢️📉
Since Canada’s economy is tightly linked to oil exports, the recent softness in crude oil prices could drag CAD down, making CADCHF more likely to dip.
2. Swissy’s Flexing Safe Haven Muscles 💪🇨🇭
When global uncertainty rises (think geopolitical tensions or shaky equities), traders usually flock to the Swiss Franc for safety — pushing CHF higher and pressuring the pair.
3. BoC’s Dovish Leaning 📉🏦
The Bank of Canada has been hinting at potential rate cuts or at least staying cautious, while Switzerland isn’t exactly rushing to ease — that’s a recipe for CAD weakness.
4. Risk-Off Vibes Across Markets ⚠️📊
If markets stay nervous — like during global slowdown fears or recession talks — CAD typically suffers since it’s more “risk-on” while CHF benefits.
And as per above, the technicals are looking shocking too.
Inverse Cup and Handle
Price <20 and 200
Target 0.5768
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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.