The big news seen overnight was the energy sector creeping higher as shares broke through January highs on the rally in crude oil prices.
Squawk / 31 October 2018 at 7:12 GMT
Partner at 3 C ANALYSIS / 3cAnalysis
United Kingdom
USDCAD - Cautiously Bullish & Buy 1.3107 Dip. Stop 1.3069
Our bullish call for Tuesday had some modest success. But the buying on an initial setback still lacked the momentum to retest last week's top and USDCAD continued to trade, uncertainly, within Friday’s parameters. The currency pair remains comfortably above the 13/100 day mvg avg area but is not currently showing strong signals for sentiment. This means that this morning’s analysis has to be made with a good deal of caution. But with buyers returning in Asia, our call for this morning is a Cautious Buy at 1.3125 and 1.3107
Targets are 1.3150, 1.3168 or even 1.3198
The stop is 1.3069 offered
Closes 4pm London time
AlanCollins AlanCollins
first target met here, late.
AlanCollins AlanCollins
Tks - Thought I was talking to myself on here.
Me too :)
marran marran
nice trade Alan, thanks


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