Loonie turning up on longer term charts

17 เม.ย. 2018

As commodity brokers, we are no doubt always trying to ascertain what type of market we are currently in for Commodities; Bear, Sideways or Bull, in order to better assist our client base. One of the indicators we look at are a technical analysis of the often referred to "Commodity Currencies" the Aussie Dollar and the Canadian Dollar (the Loonie), A crossover of the more sensitive , shorter term moving average is about to occur from underneath the slower, longer term SMA, indicating a potential Bull market for the Commodity Sector.

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