Good morning traders! Today we have the Bank of Canada monetary policy report and rate statement later in the day, so take care trading CAD today. We'll look at the sentiment lower in this post.
So what else is happening besides the BOC mayhem?
- Coinbase tries to clarify things on BTC and Segwit2X and i'm not sure they succeeded properly
This is the post on Oct. 24:
Source
And this is the post on Oct. 25:
Source
Take away what you want from it :)
What else? Oh yeah, if you see a man flying around with balloons, don't be alarmed, it's just a dude named Tom Morgan. Via cbsnews
So, about CAD now. Let's take a look at two sentiment indicators
The one from FXCM shows traders as bullish and we should be ready for a downside surprise movement in the price
But now we look at the sentiment from Admiral Markets, who (afaik) sources their sentiment from FXBlue. This shows the opposite. No clarity there.
Looking at the chart - no clear picture here either. We are almost at the shortterm target - the 38% fib retracement. Some lvls marked on the upside, on the lower side a restest of the breakout would be nice.
Conclusion for me - caution, i have no edge. Try to trade levels and not get caught with your pants down. Wait for the first dust to settle.
If you have thoughts of your own or other cad pairs to share, please do.
Alright everyone, thats it. Trade safe out here!
Title image from pixabay
Are you looking for Minnowbooster, Buildteam or Steemvoter support? Or are you looking to grow on Steemit or just chat? Check out Minnowbooster Discord Chat via the link below.
BuildTeam
A Post well done @furious-one !
I like my Posts well done and yours is written to perfection. You earned this 0.29$ Upvote!
PS: You can earn 30% Vote-Cashback by upvoting this comment and all other post/comments by @therealwolf
Checkout: http://steem.link/introduction-wolfs-voting-bot
thanks for the information mate! :)
nice post
Thanks for the post and very nice
Congrats you see them. :) nice post.. you living your life to the fullest. i want to see more of your post. done following
Congrats you see them. :) nice post.. you living your life to the fullest. i want to see more of your post. done following
Fantastic post!
Funny!! Good post
Daily Learn some new from your post. Love to read it.
고마워 나를 향한 추천에.
혹시 한국어를 알아?
고마워 나를 향한 추천에.
혹시 한국어를 알아?
Google 만 ;)
구글로 봤다면 더 대단하네. :)
img credz: pixabay.com
Nice, you got a 4.0% @minnowbooster upgoat, thanks to @furious-one
Want a boost? Minnowbooster's got your back!
To call @OriginalWorks, simply reply to any post with @originalworks or !originalworks in your message!