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Trader, analyst and instructor with a 6-year experience

Large banks: trading USD/CAD

This is how the large banks are now positioned on USD/CAD:

Credit Suisse: Hold LONG from 1.3225, TAKE PROFIT 1.3465, STOP LOSS 1.3140 (entered on August 25)

BNP Paribas: Hold LONG from 1.3140, TAKE PROFIT 1.3500, STOP LOSS 1.2940 (entered on August 19)

Danske Bank: Hold LONG from 1.3055, TAKE PROFIT 1.3400, STOP LOSS 1.3140 (entered on August 14)

JP Morgan: Hold LONG from 1.2709, TAKE PROFIT 1.3500, STOP LOSS 1.2855 (entered on July 8)

Morgan Stanley: Hold LONG from 1.2540, TAKE PROFIT 1.4000, STOP LOSS 1.2950 (entered on July 2)

Chart. Weekly USD/CAD

EUR
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