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USDCAD
Uczestnik z Oct 02, 2014
905 postów
Sep 29, 2017 at 11:33
Neutral at the moment. Too hard to pick a direction.
Positivity
Sep 29, 2017 at 11:37
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
good luck to all
patience & discipline lead to wisdom ... & profits ! ;)
Uczestnik z Dec 09, 2015
823 postów
Sep 29, 2017 at 13:52
(edytowane Sep 29, 2017 at 13:56)
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.
Uczestnik z Apr 09, 2014
832 postów
Oct 02, 2017 at 07:20
Usd/Cad consolidating higher near 1.25 level, break above resistance level around 1.2530/40, uptrend would continue towards 1.2650.
Uczestnik z Dec 09, 2015
823 postów
Oct 05, 2017 at 13:55
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.
Uczestnik z Dec 09, 2015
823 postów
Oct 06, 2017 at 09:22
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.
Uczestnik z Jul 12, 2016
80 postów
Oct 06, 2017 at 10:07
Buy USDCAD TP 1.2710
Uczestnik z Apr 09, 2014
832 postów
Oct 09, 2017 at 06:35
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.
Uczestnik z Dec 09, 2015
823 postów
Oct 10, 2017 at 10:10
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.
Uczestnik z Dec 09, 2015
823 postów
Oct 11, 2017 at 13:39
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.
Oct 11, 2017 at 13:42
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
good luck to all
patience & discipline lead to wisdom ... & profits ! ;)
Uczestnik z Dec 09, 2015
823 postów
Oct 13, 2017 at 12:17
(edytowane Oct 13, 2017 at 12:20)
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.
Uczestnik z Oct 02, 2014
905 postów
Oct 13, 2017 at 21:18
Nothing major happened to the pair this last week.
Positivity
Uczestnik z Dec 09, 2015
823 postów
Oct 17, 2017 at 11:45
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.
Uczestnik z Dec 09, 2015
823 postów
Oct 19, 2017 at 10:41
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.
Uczestnik z Oct 02, 2014
905 postów
Oct 19, 2017 at 17:25
Good move to the downside, somehow not strong enough though.
Positivity
Oct 19, 2017 at 19:02
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
good luck to all
patience & discipline lead to wisdom ... & profits ! ;)
Uczestnik z Dec 09, 2015
823 postów
Oct 20, 2017 at 14:03
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.
Uczestnik z Apr 09, 2014
832 postów
Oct 23, 2017 at 06:26
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.
Uczestnik z Dec 09, 2015
823 postów
Oct 24, 2017 at 10:50
(edytowane Oct 24, 2017 at 10:53)
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.
