There is clear and present danger in the Canadian real estate market with Toronto house prices & sales down double digits on a year over year basis. The real estate market on the West Coast has been largely unaffected to date but I suspect its a matter of when as opposed to "if". The point is, when the market drops enough the CB in Canada will have to put the fire...
GBP/CAD Short in play. Clean Retest of Support Region. Looking for further decline to 1.7100 If We can sustain A Oil Rally Next week the CAD will appreciate relative to GBP/CAD
All explained in the video :)
Break of Trend & Retest complete.
SELL LIMIT AT THE 141%
Its important to note that EURCAD stopped for the week in a very interesting area. An area with Bullish confirmations.
USDCAD in Big Supply Zone, posting Divergence on Peaks
Looking at a rejection on the cross section of x2 Weekly Trendlines. Waiting for candlestick confirmation as could still be bullish.
Video explains it but the Trendline Slash has occured RSI shows price not likely to break back through now looking for a ranged Shoulder to form within Demand & Supply.