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USDCAD setting up for continued downside momentum

by Neville Hornsey
14 January 2022
in Forex
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Despite additional barrels coming online each month from OPEC+, the US oil stock is declining, adding to the price at the pump as well as contributing to inflation. Retail traders are positioned on the wrong side of this trade and will likely lose out before demand and supply correct the tight energy market. 

For more trading details, please check the hyperlinks with time stamp indicated from the video:

1:01 USD/CAD

1:57 BRENT

Tags: BrentCrude oilUSDCADWTI
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