Looks like the 🇨🇦 Canadian Dollar's value will start breaking down in May. Notice how tight the Bollinger Bands are and how the current trend is pushing up against the the top Bollinger.
Looks like the 🇨🇦 Canadian Dollar's value will start breaking down in May. Notice how tight the Bollinger Bands are and how the current trend is pushing up against the the top Bollinger. https://t.co/gL0cOJh4Dd
@FinanceLancelot This is why gold and silver in CAD are doing better Canadians should not listen to American analysts but rather look at our own chart Silver is above the 2011-2020 bearish resistance Gold is back under the 2011-2020 bullish resistance but a gust of wind can bring it back above
@FinanceLancelot They're going to buy $btc. It's the only way out
@FinanceLancelot We have seen this movie before. Most noticeably 1987. It certainly appears as though we are setting up for a usd squeeze. Thanks for the analysis.
@FinanceLancelot Tea cup formation will launch this to the 1.6 area.
@FinanceLancelot Is anything stoping it from going to 150 only one man can help Canada
@FinanceLancelot May 3 is dollar ramp day (NFP). Looking at the dollar index it seems like that date will coincide with the price hitting the 20 day MA. $DXY