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Time is slowly passing and USD/CAD has been in the range of 1.0935 to one pip!

After an hour and a half of volatility, USD/CAD continues to rise!

In the 5-minute chart, three small white candlesticks appeared in a row!

Now it has rushed from 1.0935 to 1.0945 again!

That's a total increase of 10 points!

"Three small white candlesticks !!"

"Haha, aren't these three little red soldiers!"

This is a very common form of three white candlesticks, which rise in turn to form the Three Red Soldiers

K-line combination, when this K-line combination appears, the situation is mostly bullish!

The bulls in the market are relieved to chase the price when they see this scene!

Thinking of this, Chen Hui muttered: "This is the prelude to a big rise!"

The USD/CAD situation is completely a rhythm of starting a bull market in the 5-minute chart!

So Chen Hui watched while drinking tea while enjoying the start of the bull market in the USD/CAD 5-minute chart!

Soon another 5 minutes passed, and USD/CAD jumped by 15 pips!

Rise from 1.0945 to 1.0960!

USD/CAD has hit a new high again!

After 6 minutes of oscillation, USD/CAD again rushed up by 10 points, from the level of 1.0970!

Keep reaching new highs!

··

At this time, the overwhelming good news in the market is coming!

are the comments and analysis of the world's major financial institutions in response to Bank of Canada Governor Poloz's hint at interest rate cuts at the press conference!

Many financials in the industry believe that in a future event, the Bank of Canada hints at another interest rate cut, and the Canadian dollar plummets to the lowest point of the year!

In response to Bank of Canada Governor Poloz's statement at a press conference: 'He may use unconventional measures such as forward guidance, asset purchases, quantitative easing and negative interest rates...'

Senior Financial Analyst, Standard Chartered: "The Bank of Canada has never taken measures other than forward guidance, and many market participants believe that the central bank may save these measures for difficult economic times.

It is reported that Canada's overnight interest rate is currently at a historically low level (0.5%), and the federal central bank has limited space to stimulate the economy through traditional means, so the possibility of introducing "unconventional measures" is becoming more and more likely!

Follow-up Canada continues to push USD/CAD higher!

Investors can start buying USD/CAD!"

Although many financial institutions believe that, although Poloz has repeatedly stated that he is not trying to influence the Canadian dollar exchange rate, the ideal level of the exchange rate should be determined by the market, and a lower Canadian dollar exchange rate is in the country's economic interest and is what the central bank wants to see.

A senior analyst at Bank of Merrill Lynch commented, "The message is clear. They want the Canadian dollar to weaken to support exports. ”

HSBC's head of FX strategy commented, "This is a warning to the exchange rate, the current Canadian dollar exchange rate is slightly higher than it should be, and the level that the Canadian economy needs, bullish on USD/CAD!"

Goldman Sachs Bank Exchange Rate Analyst: "The central bank wants more depreciation of the Canadian dollar to benefit domestic exports, which will continue to be bullish for USD/CAD!"

Bank of Montreal: "I don't believe that the Bank of Canada dares to really cut interest rates, because the reduction of interest rates may further promote real estate, and the recent property market in Vancouver and Toronto has reached a bubble level, which is also the object of concern for the industry and the people!

Bank of Scotland: "Given the limited options, the easiest way for the Bank of Canada is to talk about easing and let the market partially absorb the prospect of a rate cut, so that the Canadian dollar is lower!

Citibank: "While the depreciation of the Canadian dollar has helped exports in the past, other currencies have depreciated more sharply, affecting Canada's competitiveness, but the improved mix of fiscal and monetary policy has eased the pressure on the Bank of Canada to stimulate demand!"

The Deputy Governor of the Bank of Canada issued another statement: "While the depreciation of the Canadian dollar has helped exports in the past, other currencies have depreciated more sharply, affecting Canada's competitiveness, but the improved fiscal and monetary policy mix has eased the pressure on the Bank of Canada to stimulate demand..."

"Striking a better balance is really important for us because it eases the pressure on the central bank to boost aggregate demand and meet the inflation target..."

"I think central banks still have unconventional tools to stimulate demand, but the fiscal and monetary policy mix is moving in a favourable direction. ”

USD/CAD has fallen by 20 pips as a result!

From 1.0970 to 1.0950!

The Deputy Governor of the Central Bank of Nakta continued, "I have every reason to believe that exports will increase as the US and the global economy gain momentum.

The United States is Canada's largest trading partner, with about 75% of Canada's exports destined for the United States.

We see more persistent and evident challenges to Canada's structural export capacity and competitiveness than the central bank had originally anticipated, and the slowdown in Canada's export recovery is largely due to weak U.S. corporate and residential investment.

We announced that we would keep our benchmark interest rate unchanged and signaled a possible further rate cut, as the central bank expects the economy to rebound later this year from zero growth in the first quarter..."

The words of the Vice President of Canada immediately triggered another huge shock in the market!

USD/CAD suddenly rose by 50 pips in seconds!

Rushed from the 1.0950 position to the 1.1000 position!!

USD/CAD hits new highs again!!

··

At this moment, in the Temasek Building, Chen Hui looked at this scene with an excited face!

USD/CAD has rushed to the 1.1000 level and has now secured the 1.1000 level!

"It's so cool!"

"Aren't those shorts liquidated yet?"

"How long will it take?"

Shaking his head, Chen Hui got up and stretched his sore body!

Now he holds a long position of 5 million contracts of USD/CAD, and is currently making a total profit of 140 points, with a total floating profit of $7 billion!

"Keep it up!"

For him, if the big shorts in the market don't blow up, he won't close the position!

Now he has also calculated a bad breath, after all, when he opened a position, he was suppressed by those big shorts!

··

Helen on the side is also staring at the USD/CAD chart with great joy, and now she has made a profit of 160 points in the long position of 2,000 USD/CAD in her account, with a total floating profit of $3.2 million!

The account equity has reached $98 billion!

Return on capital is nearly 100%!

"I'll close my position when the account equity exceeds $10 million!"

"Huhu, tonight is so exciting!"

Tonight, she used a $5 million account to operate, and finally doubled her principal!

She was so excited!

That's exactly how to prove yourself!

··

At this moment, on the banks of the Thames River in England, in a small villa, Qianxue was extremely excited!

I didn't expect that in the blink of an eye, USD/CAD started a bull market in the 5-minute chart!

Although it is only a bull market on the 5-minute chart!

But USD/CAD has risen by 60 pips!

The 10,000 lots of USD/CAD she backhanded her long position has already made a profit of 60 pips, with a total floating profit of $6 million!

Immediately, she stuck out her tongue!

"Yay!"

And then put the $6 million profit in his pocket!

After all this was done, she slowly got up and looked at the time!

"Oops, I'm going to be late for class!"

"Oh my God!"

She immediately got up, picked up her bag, and then put on her sun hat.

"Bookmark for easy reading"