Don’t miss this month’s edition of the George Davis Report, where George provides a real-time example of how cross asset technical analysis can be applied to USD/CAD.
What you need to know:
1
We have repeatedly referenced our correlation framework in past videos discussing USD/CAD.
2
The current environment features an interesting cross asset setup that can be assessed in real-time.
3
We isolate and examine the charts of key variables in order to assess directional risks for USD/CAD.
4
Our analysis points to topside risks, causing us to raise our expected trading range this month.
5
We also identify key support and resistance levels resulting from our analysis that can be used in hedging strategies.
For the trading range:
USD/CAD
Buyers
1.3200/1.3300
Sellers
1.3600/1.3700