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Tumble in USD/CAD volatility

USD/CAD ATR(14) is at minimums across several time frames, from 30min to daily charts.

Volatility shrunk to levels not seen in several weeks of trading independently from trend direction. This signal augurs poorly for short-term traders because they indicate less direction for trend following and less volatility for mean reversion. It is advised to look for a catalyst and subsequent change in dynamics before entering USD/CAD trades.

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China’s state planner, the National Development and Reform Commission of the People's Republic of China (NDRC) posted headlines on the Chinese economi
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The Asian equity markets kicked-off the day on a positive note, reaching fresh one-year highs after the US stocks hit record highs. However, risk cond
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