Rating: Full Star Full Star Full Star Full Star Empty Star
USDCAD
Previous 1 2 3 4 5 6 7 .. 60 Next
arigoldman

Member Since Oct 02, 2014  792 posts Ari Goldman (arigoldman) May 30 2016 at 14:03
It might be consolidating.

Positivity
alexforex007

Member Since Oct 11, 2013  659 posts alexforex007 May 31 2016 at 07:19
Just as oil consolidates, the USDCAD is also consolidating around the 1.3000 level and the 1.3100.

dianajs

Member Since Dec 09, 2015  706 posts dianajs Jun 03 2016 at 13:50
The US Non-farm Payrolls today pushed the pair below the support at 1.3030 and USD/CAD continued dropping. I think next target is 1.2850, maybe even 1.2800.

arigoldman

Member Since Oct 02, 2014  792 posts Ari Goldman (arigoldman) Jun 05 2016 at 15:49
Buy the dips id say.

Positivity
alexforex007

Member Since Oct 11, 2013  659 posts alexforex007 Jun 06 2016 at 06:05
Well-defined range on the USDCAD without a clear direction, only a breakdown of the 1.2900 or a breakout of the 1.3200 levels may decide the direction.

dianajs

Member Since Dec 09, 2015  706 posts dianajs Jun 06 2016 at 13:02
USD/CAD is falling again after the big drop caused by the NFP last week. I think next target is likely 1.2880 - 1.2870 and it will likely continue falling below those levels.

dianajs

Member Since Dec 09, 2015  706 posts dianajs Jun 07 2016 at 11:44
Not only did USD/CAD reach 1.2870 but it continued falling, breaking below 1.2800. It's testing 1.2770 at the moment and if it breaks below that level it will reach 1.2700.

dianajs

Member Since Dec 09, 2015  706 posts dianajs Jun 09 2016 at 13:24
I am waiting to see whether the pair will break above 1.2770 so I can open a new long position, but I think this might be just a retracement before the move to the downside continues.

dianajs

Member Since Dec 09, 2015  706 posts dianajs Jun 10 2016 at 11:49
USD/CAD is clearly forming a flag after the big drop, so my suspicions from yesterday are confirmed, I think. Once the flag is over, the move to the downside will continue.

arigoldman

Member Since Oct 02, 2014  792 posts Ari Goldman (arigoldman) Jun 12 2016 at 12:45
Bullish on this pair.

Positivity
Previous 1 2 3 4 5 6 7 .. 60 Next
BOJ Summary of Opinions (23h 46min)
Key Words: Hank Aaron supports athletes ...(2h 49min ago)
EURUSD 1.16575 GBPUSD 1.32627
USDJPY 109.987 USDCAD 1.32737

Tools

Community

Reviews

Brokers

Platform

Support


Twitter |  Facebook |  Site Map  |  Terms  |   Privacy Policy
©2014 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.