Quarterly Outlook
Q3 Investor Outlook: Beyond American shores – why diversification is your strongest ally
Jacob Falkencrone
Global Head of Investment Strategy
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Trade in focus: AUDCAD
Michael McKenna
Head of Editorial Content, Saxo Bank
Summary: Saxo's Trade Signals tool lets technology identify your next trade opportunity. Today, it has alerted Saxo users of a potential downside break in AUDCAD.
Saxo's Trade Signals tool has identified a potential downside break out of a rising channel in AUDCAD. The tool gives a probability of 68% to this analysis, with this measurement evaluated against past performance over six months with respect to this pattern type.
(Disclaimer: past performance probability may not be indicative of future performance.)
AUDCAD traded at 0.9495 as of publication, with Trade Signals identifying this move as having the potential to extend towards the 0.9366 area.
(Disclaimer: past performance probability may not be indicative of future performance.)
AUDCAD traded at 0.9495 as of publication, with Trade Signals identifying this move as having the potential to extend towards the 0.9366 area.
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