OPEC cutting further production - lessening the supply chain, should benefit the Loonie. I said it once, and I will say it again - I could always be wrong, these are just my opinions.

USD/CAD

/zn & /zb are trending up today, so we may not see a big dip in UJ today, but overall i agree with you and the trend here. We could see 103.5 or get close to it sooner than later imo. image

USD/JPY Discussion

I'm not stopping anyone from loving anyone. I was just curious as to why.

Cable Update (GBPUSD)

Just curious - why do Indians love Trump?

Cable Update (GBPUSD)

This coming week, or maybe just Monday, the rewards will outweigh the risk imo. Joe was never good for oil, and price action is already pretty low on the RSI. In other words, UC is due for a bounce. Longer term however isn't as clear to me. Overall ...

USD/CAD

Biden won. Bye bye oil. Long.

USD/CAD

image Price has broken below support on the 4-hour chart. Currently oversold on the RSI. Waiting for a correction before entering a short position, barring any changes in the current market outlook.

USD/JPY Discussion

It is FF, but not stocktwits. It could be worse.

Cable Update (GBPUSD)

I got love for Riley too. He gave us the first showtime offense. I grew up in Florida, and Heat fans are just obnoxious and unruly. Almost as bad as Eagle fans in football. I don't want to be associated.

Any NBA fans here?

Kobe > MJ > Lebron, in my humble opinion. I doubt that will ever change. Kobe is the G.O.A.T. When I was younger, I was a HUGE....HUUUUUUUUGE Laker fan. I still am, however as I have aged my interest in sports overall has faded. These days I just ...

Any NBA fans here?

Not me. The broader trend is down, and obviously we already know to expect an "average of 2% inflation over X amount of years" - no one knows how many years. There might be a short term trade to buy this pair and take a profit before it turns back ...

USD/JPY Discussion

I think Lebron has one more Championship in him next season. The league is rigged. Tim Donaghy was not an isolated incident. Lebron and the Lebron "brand" brings in the most money to the league, so they will look the other way when the refs let the ...

Any NBA fans here?

What is the correlation or your general thesis here? As VIX or stock market uncertainty rises, then AUD/USD falls?

Trading fx fundamentals

nope.

Cable Update (GBPUSD)

I am seeing support around 104.03, however I still am bearish on the USD. It broke down below the symmetrical triangle pattern and I expect more stimulus after the election.

USD/JPY Discussion

I agree with the bullish price action, however I am still not certain on the right entry. Overall I see weakness in the USD, but I also see weakness in oil which is a bullish indicator for this pair. Right now I am just watching and waiting.

Weekly Top-Down Technical Analyses

I see a reversal pattern here and a breakout from the triangle, however I am bearish on the USD overall. Currently I am not short or long, just watching from the sidelines.

USD/CAD

Bullish. Buying the dip.

NZD/USD

Ok.

USD/JPY Discussion

Neither matter when you have access to info that the rest of us don't. edit: Joking aside - I think what the fed says or does always matters, regardless if the trade war casts a shadow over it or not this week.

USD/JPY Discussion