U.S. Dollar / Canadian Dollar

Updated

Bullish to 200 DMA

Must hold the 200 SMA on 4HR. $UWT

Note

Target is 200 Day SMA (200 DMA) near 1.3000. Will provide topping butterfly pattern if it does.

snapshot

Note

Crude futures show topping near the Friday of Thanksgiving week, to bottom out with the rest of commodities December 15. Gold does this every year. charts.equityclock.com/seasonal_charts/futures/FUTURE_CL1.PNG

Note

Canadian Dollar seasonality shows the same, a blip toward the end of November, to descend to a major bottom December 15. charts.equityclock.com/seasonal_charts/CADUSD.PNG

Note

That CAD seasonality chart is canadian dollar futures, so the inverse of USDCAD.

Note

Still long and strong to 1.300.

Find the edge.

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Find the edge.

Website: daily-edge.com
Twitter: twitter.com/dailyEdgeGroup
Youtube: youtube.com/c/TheDailyEdgeTradingGroup
Telegram: t.me/mortdiggiddy
Paypal: paypal.me/mortdiggiddy

Also on:

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.