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dianajs
Mar 03 2017 at 17:27
823 posts
USD/CAD broke above 1.3400 and I have little doubt that next week it will continue moving to the upside, apart from the occasional correction.

arigoldman (arigoldman)
Mar 05 2017 at 16:12
907 posts
Good move last week, i'm kinda sad i missed buying!

alexforex007
Mar 05 2017 at 22:43
774 posts
The USDCAD drops below the 1.3400 level, looks like a shooting star formation with a possible change in direction.

dianajs
Mar 06 2017 at 17:17
823 posts
USD/CAD still appears bullish but there is also a RSI divergence on the H1 time frame. However, it could continue moving to the upside for the moment and the divergence could deepen.

nakedfoot
Mar 07 2017 at 07:36
33 posts
indeed. already reached the 127% monthly fib expansion.. expecting a correction sooner than later.. and with NFP friday.. anything can happen..

1.3457 is a very strong resistance. the one that was broken in early 2016 and lead to 1.47...

patience & discipline lead to wisdom ... & profits ! ;)
dianajs
Mar 07 2017 at 11:12
823 posts
USD/CAD is very range-bound for the moment. In a few hours there will be fresh economic data coming out of Canada that I think will end the range, until then I won't be opening new positions.

nakedfoot
Mar 07 2017 at 15:51
33 posts
the 'true' econimic data will come soon, as NFP reveals itself once again on friday.. ;)

patience & discipline lead to wisdom ... & profits ! ;)
BaldoN (BaldoN)
Mar 08 2017 at 10:43
522 posts
Hello,
USD/CAD is pressing the upper frontier of the range. Looks ready for take-off :)

dianajs
Mar 08 2017 at 17:31
823 posts
The USD/CAD range finally ended and the pair started climbing. I think the closest target is 1.3500 but it will eventually reach 1.3600.

nakedfoot
Mar 09 2017 at 07:24
33 posts
indeed, the trend isn't ending soon.. NFP friday and rate decision next week, we should see a correction sooner or later but the greenback is strong !! gold and oil falling.. will it end around 1.3550 ish ??

tbc..

patience & discipline lead to wisdom ... & profits ! ;)
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