[ATTACH] EUR and CAD converged, which caused excessive loss for...

  1. 1,118 Posts.
    20151227 FX Currency Strenght.PNG
    EUR and CAD converged, which caused excessive loss for EUR/CAD. In the grand scheme of things though, EUR is still the strongest currency. There seems to be a swap between USD and AUD, which may be a sign for things to come. EUR/CAD and JPY/CAD are still the winning pairs.

    20151227 FX Individual Currency Pairs.PNG
    CAD now experiencing some heavy volatility at the moment. Could it be a sign that CAD is gaining strength? USD/CAD seems to be consolidating quite heavily at the moment. The next 30 days will tell us the full story.

    AUD/CAD, JPY/CAD and EUR/CAD still looks to be in a primary uptrend.
 
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