Comments on: USD/CAD: Edging into short position https://fxww.com/usdcad-edging-short-position/ The Professional Source Tue, 05 Aug 2014 20:53:54 +0000 hourly 1 By: Sean Lee https://fxww.com/usdcad-edging-short-position/#comment-98648 Tue, 05 Aug 2014 20:53:54 +0000 http://381c099c8f.nxcli.net/?p=13074#comment-98648 Agree Jean, London speccies have been in love with GBP/CAD at various times recently and they are having another look. Price action around 110 should be interesting

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By: Jean https://fxww.com/usdcad-edging-short-position/#comment-98636 Tue, 05 Aug 2014 19:54:39 +0000 http://381c099c8f.nxcli.net/?p=13074#comment-98636 What a ride. Now at 1.096. Looking at the strong correlation between that pair and gbpcad and I’m thinking it’s possibly the London boys who pushed the latter through the roof today dragging usdcad along for a ride? Looking at usdcad on the 1H, 4H and daily, the tech picture looks good and I don’t think I want to pass up the opportunity to start building short positions, smaller at first, heavier if price moves against me. Looks promising.

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