maxecon

USDCAD: Weekly Sideway Down

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
Spreads are narrowing in a CAD-supportive manner and risk reversals are showing a moderation in the premium for protection against CAD weakness.The weekly chart is also bearish following the completion of a shooting star.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.