As noted yesterday, USDCAD trying to build some downward momentum (while below 1.4410) but anything above 1.3279-1.3298 (paused above it) is still a swing within the range. .
…Upside limited while below 1.4367, above it would put 1.4410 in play again.
JP// When I had just started making calls two decades ago they were left speechless, ashen faced and frightened to their wits… as they never thought much less heard that it was possible… It’s from that time that they’ve been watching but with clean motives and not any illegal or harmful agenda. This much I will confide that I was able to figure that out… It’s not boasting or ego but that’s just what is… and I had to come to terms with and just accept it.
JP// We need to brush up on practice because they’ll (just might) call on us to help out and assist them do the needful… see I know they’re gonna come to me… eventually… So just honing up the skills and waiting for a call… I know what I have figured out… but they’re watching us for the time being and pondering should they approach or not…
JP// Haha!! That’s very funny…LOL!!! There is one problem… before a drone is able to lift him off the ground he might fall through his clothes because of eating too many greasy hamburgers…
Rafe ,,, remember those drones that were hovering over NJ and area ? Those were training … to swarm down 5 minutes before the inauguration and abduct donald … BUT … then the good guys will have jammed and hacked the navigational software and deposit donald one or two feet inside the w/h …. the crowds will be going absolutely wild
I bet there’s oil just waiting to be drilled out in California…
Two sources familiar with the planning said Trump is preparing a flood of executive orders and directives that could total more than a 100 for Day One and beyond.
He is expected to sign orders that give immigration officers more latitude to arrest migrants with no criminal records, send more troops to the U.S.-Mexico border and restart construction of the border wall.
The orders will include a drive to increase energy production and follow through on Trump’s oft-stated campaign vow to “drill, baby, drill.”
Trump also is likely to issue the first wave of pardons for defendants convicted by the federal government for their participation in the Jan. 6, 2021, attack on the U.S. Capitol.
Suppose they postpone Trump’s inauguration… or cancel it… or scrap it altogether because of geopolitical happenings… or fast forward it very quickly because geopolitical matters require his very urgent action. I wonder if they’ll make him wear a gladiator’s helmet and full body armor… I mean 2 attempts on his life already… what’s there to stop them from making a third attempt on his life esp when the whole world will be watching him standing out in the open.
“Throughout history, martial law has been imposed at least 68[3] times in limited, usually local areas of the United States. Martial law was declared for these reasons: Twice for war or invasion, seven times for domestic war or insurrection, eleven times for riot or civil unrest, 29 times for labor dispute, four times for natural disaster and fifteen times for other reasons.[3] Habeas corpus was suspended federally only once in 1863 during the Civil War.[3]”
There is solid resistance @ 1.1036, which is the recommended level from which to short this pair. Shorts can be initiated at lower levels if resistance proves too strong. The markets have taken a breather @ 1.0323 awaiting the outcome of Trump’s Inauguration ceremony and markets are at the same time gathering downside momentum towards the first target @ 0.9612. Below 0.9612 there is nothing but solid support target @ 0.8188.
A breach above 1.1036 would negate my views and would call for thorough re-evaluation of macroeconomic fundamentals.
