Canadian Dollar Outlook: USD/CAD Swoons as Crude Oil Price Surges

USD/CAD price action plummeted to fresh yearly lows this morning as the Canadian Dollar surges with crude oil in response to encouraging coronavirus vaccine headlines.

from DailyFX – Market News https://bit.ly/2JGUQJJ
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Gold IG Client Sentiment: Our data shows traders are now at their most net-long Gold since Oct 30 when Gold traded near 1,878.85.

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Gold-bearish contrarian trading bias.

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/35doRJD
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Canadian Dollar Outlook: USD/CAD Swoons as Crude Oil Price Surges

USD/CAD price action plummeted to fresh yearly lows this morning as the Canadian Dollar surges with crude oil in response to encouraging coronavirus vaccine headlines.

from DailyFX – Market News https://bit.ly/2JGUQJJ
via IFTTT

Gold IG Client Sentiment: Our data shows traders are now at their most net-long Gold since Oct 30 when Gold traded near 1,878.85.

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Gold-bearish contrarian trading bias.

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/35doRJD
via IFTTT

FTSE 100 IG Client Sentiment: Our data shows traders are now net-short FTSE 100 for the first time since Aug 13, 2020 when FTSE 100 traded near 6,189.00.

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger FTSE 100-bullish contrarian trading bias.

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/3kejGgT
via IFTTT