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    • clockwork71 replied Apr 13, 2016

      Yes, I was thinking that the 1.30 level in the USD/CAD pair could offer a bit of resistance on a bounce, but watch the crude oil markets. If oil falls, them more than likely we could get a bounce above that level. I fell that the expectations of the ...

      Silent Service Method
    • clockwork71 replied Apr 7, 2016

      Interesting breakdown. We are seeing a lot of Japanese strength today, and the Loonie is of course a commodity currency. However, oil is positive.......so this is about safety more than anything else I suppose..... CAD/JPY: image

      Silent Service Method
    • clockwork71 replied Apr 5, 2016

      Could be an interesting trade really. I would also watch oil to see how that does. We have Crude Oil Inventories coming out tomorrow, so this could be part of the reason for the move as well......(CAD highly influenced by oil.) Chris

      Silent Service Method
    • clockwork71 replied Apr 5, 2016

      Looking at tomorrow, we have the FOMC Meeting Minutes coming out. I would anticipate that the Fed will express concerns, etc.....and that it would show some extended dovishness. If that's the case, a bounce in the EUR/USD pair wouldn't be out of the ...

      Silent Service Method
    • clockwork71 replied Apr 4, 2016

      Looking at this market at the moment...... WTI Crude (CFD). I like the look of a short-term range. I will be buying above the top of this candle, if it looks anything like it does now. I think we will continue to bounce around for a while - but ...

      Silent Service Method