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Deep-Peat-Shark
8 cze 2020 00:17

Oil & CJ Divergence? Short

CAD/JPYOANDA

Opis

This is where we are getting a little surprise imho. Oil will continue to appreciate along with the stock market and CJ will devalue because of CAD devaluation in this special case of USD devaluation and stronger correlation with USD than with commodities..

Komentarz

Oil a bit stubborn here :)
Komentarze
ColinBarber
Um, of course, yes, I know this, why it's something known in advance..
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Deep-Peat-Shark
@ColinBarber, I am expecting Oil to appreciate honestly. As usual I am too early with my prediction. Known in advance because of history repeating itself around the USD roll over. Stock markets tend to appreciate, with has been amplified by COVID already. The sequence of events I have tired to visualise with the related idea of a stock market rally. It predicts Oil appreciation.
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