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Ari Goldman (arigoldman)
Sep 29 2017 at 11:33
909 posts
Neutral at the moment. Too hard to pick a direction.
nakedfoot
Sep 29 2017 at 11:37
33 posts
my opinion on the matter is to stick to the 'mother candle' of wednesday.. 1.2391 is the 61.8% fibo retracement.. and could be a very good entry point.. we had a decent retracement yesterday.. and the movement is rather bullish.. a break above 1.2445 will confirm the continuation of the bullish move .. more retracement could lead to 1.2335

good luck to all
patience & discipline lead to wisdom ... & profits ! ;)
dianajs
Sep 29 2017 at 13:52
823 posts
USD/CAD is within the resistance zone between 1.2470 and 1.2430. I think it is possible to see a reversal and a new drop in the next few hours to a few days.
csc2009
Oct 02 2017 at 07:20
834 posts
Usd/Cad consolidating higher near 1.25 level, break above resistance level around 1.2530/40, uptrend would continue towards 1.2650.
dianajs
Oct 05 2017 at 13:55
823 posts
I think the pair has finally broken out above 1.2530. If that is indeed the case the correction to the upside could last to 1.2740.
dianajs
Oct 06 2017 at 09:22
823 posts
It did break out above 1.2530 and I almost opened a long position before I remembered that the NFP announcement was today and I thought better of it. I'd rather see what effect the NFP will have first before I open any positions.
paidsignal
Oct 06 2017 at 10:07
78 posts
csc2009
Oct 09 2017 at 06:35
834 posts
Usd/Cad seems in a correction mood, support can be found around 1.2440/50 handle and on the upside resistance is around 1.26 zone.
dianajs
Oct 10 2017 at 10:10
823 posts
1.2595 proved to be a too strong resistance for the correction. I think USD/CAD is falling back to the support at 1.2470 and I have already shorted.
dianajs
Oct 11 2017 at 13:39
823 posts
I think the pair is stil very bearish, but since the FOMC meeting minutes will be announced today that could change drastically. I closed my short and I'll wait for the news.
nakedfoot
Oct 11 2017 at 13:42
33 posts
very wise decision indeed dianajs... FOMC minutes will amplify.. or correct.. CAD following gold and oil.. gold appears to be at a resistance as well.. it all comes together..

good luck to all
patience & discipline lead to wisdom ... & profits ! ;)
dianajs
Oct 13 2017 at 12:17
823 posts
USD/CAD rebounded from 1.2430. I already have a long position, I think it will rally to 1.2530 or even to 1.2600.
Ari Goldman (arigoldman)
Oct 13 2017 at 21:18
909 posts
Nothing major happened to the pair this last week.
dianajs
Oct 17 2017 at 11:45
823 posts
USD/CAD has rallied above 1.2530 as I thought it would, so I wouldn't be surprised if it reaches 1.2600 after all. Next target above 1.2600 could be around 1.2650.
dianajs
Oct 19 2017 at 10:41
823 posts
USD/CAD has a double top at 1.2597 and 1.2590, I think there will be a pullback from that zone and a drop to 1.2400.
Ari Goldman (arigoldman)
Oct 19 2017 at 17:25
909 posts
Good move to the downside, somehow not strong enough though.
nakedfoot
Oct 19 2017 at 19:02
33 posts
given the strong fundamental news tomorrow, the market seems to be heading north to a more 'neutral' area.. should go around the 1.2505-1.2517 zone before anything... if 1.2533 holds, there is a good chance to see a further move down towards 1.2430

good luck to all
patience & discipline lead to wisdom ... & profits ! ;)
dianajs
Oct 20 2017 at 14:03
823 posts
arigoldman posted:
Good move to the downside, somehow not strong enough though.

 I thought it would fall to 1.2400, but apparently that wasn't the case as it rebounded from 1.2450 and it may now finally rally above 1.2600.
csc2009
Oct 23 2017 at 06:26
834 posts
dianajs posted:
arigoldman posted:
Good move to the downside, somehow not strong enough though.

 I thought it would fall to 1.2400, but apparently that wasn't the case as it rebounded from 1.2450 and it may now finally rally above 1.2600.

Focus on the BoC this week, the pair is likely to extend the rally if the BoC will show any sign of dovish tone.
dianajs
Oct 24 2017 at 10:50
823 posts
USD/CAD did rally above 1.2600 as I thought it would. The pair remains very bullish and I wouldn't be surprised if it continues moving north to the last local high at 1.2777.
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