Ok, everyone knows I hate to make bold claims because, as a trader, my opinion could change in a heartbeat. However, I like to point out potential imbalances that could turn into trades. One such imbalance that I see in the making is the recent rally of the Canadian Dollar. The currency has rallied considerably [...]

A number of weeks ago I wrote a post entitled, “An Imbalance Developing in GBP/USD.” We were waiting for the sentiment shift to come and it has arrived. I’m not saying that the Pound will definitely be higher some time from now as in some “the trend is your friend” context, but rather our bias [...]