USD/CAD’s fair value fell from 1.4523 to 1.4420 due to a fall in the USCanada short-term rates spread as well as a rise in global equities, which was partly offset by a rise in the US-Canada box yield spread. USD/CAD remains more than 1.5 standard deviations undervalued. The FAST FX
model has triggered a long USD/CAD trade with a stop-loss of -1.79% and a take-profit level of 1.4420.
model has triggered a long USD/CAD trade with a stop-loss of -1.79% and a take-profit level of 1.4420.
1. AccuTrade System:
tradingview.com/v/yDFPnb1J/
2. Signal Performance:
thedailyfx.com/performance/
3. We provide Free TradingView Premium and Essential Membership.
tradingview.com/v/yDFPnb1J/
2. Signal Performance:
thedailyfx.com/performance/
3. We provide Free TradingView Premium and Essential Membership.
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.
1. AccuTrade System:
tradingview.com/v/yDFPnb1J/
2. Signal Performance:
thedailyfx.com/performance/
3. We provide Free TradingView Premium and Essential Membership.
tradingview.com/v/yDFPnb1J/
2. Signal Performance:
thedailyfx.com/performance/
3. We provide Free TradingView Premium and Essential Membership.
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.