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SPECS TRADING TRADE OF THE WEEK

TRADE OF THE WEEK - Speculators Trading€¦ · percent in the fourth quarter, below the Bank of Canada's 2.5 percent forecast. Statistics Canada will release fourth-quarter growth

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Page 1: TRADE OF THE WEEK - Speculators Trading€¦ · percent in the fourth quarter, below the Bank of Canada's 2.5 percent forecast. Statistics Canada will release fourth-quarter growth

SPECS TRADING TRADE OFTHE WEEKWEEK 26 .02 -02 .03  2018

WWW.SPECULATORSTRAD ING .COM

Page 2: TRADE OF THE WEEK - Speculators Trading€¦ · percent in the fourth quarter, below the Bank of Canada's 2.5 percent forecast. Statistics Canada will release fourth-quarter growth

WWW.SPECULATORSTRADING.COM

CADJPY SHORT

SCOPE FOR FURTHER RATE HIKES ARE

FURTHER OUT AND NO IMMEDIATE

REACTION NEEDED. NOTHING $CAD

BULLISH TO PRICE IN.

Page 3: TRADE OF THE WEEK - Speculators Trading€¦ · percent in the fourth quarter, below the Bank of Canada's 2.5 percent forecast. Statistics Canada will release fourth-quarter growth

WWW.SPECULATORSTRADING.COM

SPECS ARE CLOSING OUT BULLISH BETS

AS MEDIUM TERM VIEW ARE VOID OF $CAD

POSITIVE DRIVERS

DATA WILL BE RELEASED ON FRIDAY 2ND

MARCH. WE COULD SEE $CAD DOLLAR

RALLY INTO THE EVENT AND BOTTOM OUT.

THAT IS OUR IDEAL SCENARIO

MAKES THE CASE THAT BOC CAN'T KEEP

UP WITH FED HIKING AND THEREFORE

CREATING A MONETARY DIVERGENCE.

WHICH COULD BE A MONTH LONG TREND.

PUTTING UPSIDE PRESSURE ON USDCAD

Page 4: TRADE OF THE WEEK - Speculators Trading€¦ · percent in the fourth quarter, below the Bank of Canada's 2.5 percent forecast. Statistics Canada will release fourth-quarter growth

WWW.SPECULATORSTRADING.COM

M I A D K A S R A V I

G O O D L U C K

T O U S A L L

RISING OIL PRICES WILL HELP $CAD RALLY.

BUT GIVEN U.S. OUTPUT WILL CATCH UP

WE BELIEVE THAT PRICES WILL BE CAPPED

AND FAILING TO AID $CAD HIGHER

YEN IN STRENGTHENING ON THE BACK OF

RISK SENTIMENT AND INFLOWS. AS LONG

AS CADJPY IS CONTAINED UNDER 85.50

LEVEL. WE'LL HUNT FOR DAILY AND 4H

INSIDEBARS TO DRIVE THE PAIR TO 81

AREA