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September 28, 2017 | Short USD/CAD Here? Divergence with Oil…hmmm

Jack has over 20 years experience in the currency, equity, and futures arena. He is an investment advisor who has held key positions in brokerage, money management, trading, and research. Jack is founder and president of Black Swan Capital LLC. He was also founder of Ross International Asset Management (specializing in global stock, bond, and currency asset management for retail clients) and General Manager of Plexus Trading (specializing in currency futures and commodities trading).

We shared this chart as some rationale for shorting USD/CAD this morning…we should find out soon if it works. USD/CAD 4-hour (gold) vs. Oil Futures (price inverted purple): A nice divergence here; CAD and oil are usually tightly correlated.

 092817 cad and oil inverted.png

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September 28th, 2017

Posted In: Black Swan Currency Currents

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