AU/UC Negative correlation

Correlation driven by USD devaluation. AUD and CAD are both also known to strongly correlate as both economies are for a large part driven by commodity exports.

This case demonstrates how bot are very likely to break out. AUDUSD to the upside and USDCAD to the downside.

UJ Seasonality agrees..

Trade ativo:

UC broke down early signal for the high risk appetite..

Comentário:

Nice test of resistance as support by AU and support as resistance by UC

Comentário:

Speculators counter trading institutions, watch the rebound, will be very quite powerful I predict..

Trade ativo:

Re-entry..

Trade ativo:

Since the 2nd of July this is more like it..

Trade ativo:

Another re-entry..