Comments on: CAD continues to provide bullish signals https://fxww.com/cad-continues-provide-bullish-signals/ The Professional Source Sun, 25 May 2014 06:33:42 +0000 hourly 1 By: Sean Lee https://fxww.com/cad-continues-provide-bullish-signals/#comment-54224 Sun, 25 May 2014 06:33:42 +0000 http://381c099c8f.nxcli.net/?p=12623#comment-54224 Hey Stu, positioning as always is the biggest indicator in the FX market and I think there is little doubt that the mkt is caught short CAD at the wrong levels. Some pairs like GBP/CAD are at ridiculous positioning lvls amongst pro trading community. All long hoping and praying for another big move higher. All will end in tears imho

]]> By: stu may https://fxww.com/cad-continues-provide-bullish-signals/#comment-53677 Sat, 24 May 2014 09:36:20 +0000 http://381c099c8f.nxcli.net/?p=12623#comment-53677 Hi Sean and All,

You should worry about that technical view on CAD… I am an inexperienced trader and I was just thinking the same thing 😉 I am having problems balancing the technicals and a pessimistic fundamental view on the CAD which I can’t seem to shrug off. I was secretly hoping for a technical bearishness to appear, for example CADJPY to ignore the signals for a migration North (just to keep the Black Swan reference real), but no such luck.
Was wondering if you had a more positive fundamental view?

cheers

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