USD/CAD – Flows Update

USDCAD is not trading well. We have seen a high level of turnover, with selling accounting for 55% of our flow. The bulk of the supply is from leveraged and real money names.  Acc …
0 Comments Read more →

USDCAD Headed higher by Reece Marini

USDCAD H4 Yesterday I mentioned the importance of the 1.12000 level where a 1:1 (White) and 38.2 fibo coincided, the market pushed briefly below this level before the smart money s …
0 Comments Read more →

Loonie gains on cross flows by Milan Cutkovic

The bounce in Crude Oil sparked fresh USD/CAD selling Oil already retraced those gains, but dealers report CAD remained well-bid amid positive cross flows Macro funds sellers of EU …
0 Comments Read more →

USD/CAD – Large option expiries today

There are some large option expiries for today’s NY cut, which might keep the pair in consolidation, should CPI data later be an non-event 1.1200 (846M) 1.1250 (1.6BLN) 1.1300 (1 …
0 Comments Read more →

USD/CAD breaks above 1.13 by Milan Cutkovic

The Loonie dropepd sharply as Oil prices have collapsed and remains offered across the board as we are heading into the NY close. USD/CAD broke above 1.13 without meeting much resi …
0 Comments Read more →

USD/CAD – Loonie holding well so far by Milan Cutkovic

CAD has been performing well considering everything The Aussie and Kiwi Dollar have been under far greater pressure Dealers report barrier options in USD/CAD at 1.1125 and 1.1150; …
0 Comments Read more →

USD/CAD – Testing 1.10 resistance by Milan Cutkovic

USD/CAD briefly traded above 1.10 earlier Dealers note buying coming mostly from leveraged names, but the pair hit into some corporate supply up here Further gains likely as commod …
0 Comments Read more →

RBS: Expect a neutral BoC

From RBS: We see little reason to expect the Bank of Canada to make wholesale changes to its stance on interest rates, which is “neutral with respect to timing and direction” a …
0 Comments Read more →

BNP Paribas sees AUD/CAD heading to 0.97

From French investment bank BNP Paribas: New Zealand’s July trade balance deteriorated sharply to a deficit of NZD 692 million, the first deficit in nine months. The NZD has been …
0 Comments Read more →

USDCAD – Swing trade plan

With disappointing NFP numbers I think USD short traders will not look forward to jump into short trades this week. USDCAD is approaching 1.0950 price. The price has acted as both …
0 Comments Read more →