These both are negatively correlated an approximately 80% of time, which means when one goes up the other goes down. I believe that USDCAD will easily hit 1.40000 or higher & USOIL will go down to $30.00 or lower by end of 2017. This is a long or bigger perceptive, which everyone should start with in trading.
On this monthly chart, USDCAD (on top PA is green/red) & USOIL (on bottom PA is purple/blue). I start with marco picture and then go down to time frame, which I will be using to set up future trades. Wishing all great trading and health. Charts never lie, but your eyes may not see what is right in front of them.
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patterntrader
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In fact, this chart provides a different perspective of the market. This type of charting idea never passed through my mind. It is always good to keep in touch with professional traders.
Thank you for sharing this chart. Continue your good work.
Thank you for sharing this chart. Continue your good work.