FREE VIP SIGNAL SELL NOW EUR/CAD We are already positio | Focal Community Group (FXSignals)

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SELL NOW EUR/CAD

We are already positioned LONG in a commodity currency (with the AUD) and add the CAD to it. I see oil prices with upside potential in the upcoming 2 months of Q1, especially boosted by colder temperatures and rising gas prices (in particular in Europe and Asia) which will lead to greater use of oil as a power generating fuel. Despite rising coronavirus infections (mostly from the Omicron variant) demand for oil/gasoline remains strong - both gasoline and distillate inventories fell in the US. US crude oil inventories fell by 3.6 million barrels in the week to Dec. 24, according to data from the EIA - which was mostly in line with what the API reported. I also expect the Bank of Canada to turn more hawkish after it kept its monetary policy unchanged in December because of possible risks from the Omicron outbreak. However, the impact of the Omicron variant on economic activity seems to be rather small, as it is much less likely to cause severe illness - especially among the vaccinated, who ideally received a booster shot. The ECB will continue to take its time in 2022 and let the Fed pull away (as it exits ultra loose monetary policy), which creates further downside potential for the EUR weak in the first half of 2022.

Try to get in as HIGH as possible.

Signal delayed by ~ 30 minutes
(non-delayed signals in VIP group).


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We won 18 from our last 18 FX trades*
That's a 100% success rate and probably one of the (if not the) longest winning streaks in (short term) forex trading ever achieved

(*AUD/JPY still open)