USDCAD

Apr 09, 2016 at 10:41
Vues 16,751
659 Replies
Membre depuis Dec 09, 2015   posts 823
Dec 13, 2016 at 12:55
USD/CAD continues consolidating above 1.3100 but the pair is very bearish and I think we will see a further decline towards 1.3050.
Membre depuis Oct 08, 2015   posts 35
Dec 14, 2016 at 07:13
From a daily point of view USDCAD is quite bearish and oversold. It think it's close to reversal. I wouldn't expect it to go further down crossing the support at 1.3103. Momentum shows some signs of upward movement already.
Trading is like football - if you don't practice you can't win the game!
Membre depuis Dec 09, 2015   posts 823
Dec 15, 2016 at 16:56
FED hiking the interest rate yesterday caused a great rally. I think the closest target is 1.3430 and after that the pair will continue climbing towards the previous high at 1.3588.
Membre depuis Dec 09, 2015   posts 823
Dec 16, 2016 at 11:56
For the moment it's retracing after the big move to the upside, but I don't think that's the end of the rally. I still have long positions open.
Membre depuis Dec 09, 2015   posts 823
Dec 19, 2016 at 16:45
While the first target USD/CAD could reach if it breaks out above 1.3400 is 1.3450 I think that the overall bullish move will continue at least until the pair reaches 1.3536, which is the previous high.
Membre depuis Nov 21, 2016   posts 1
Dec 20, 2016 at 07:51
A Double top on the 4hr chart with a rsi divergence, if the top hold , USD/CAD could fall 200 pips.
Membre depuis Dec 09, 2015   posts 823
Dec 21, 2016 at 17:01
Although the pair rebounded from 1.3430 for now it is moving to the upside again and it will likely test that level once more. All that said, I think that it will mostly consolidate sideways in the coming days because of the holidays.
Membre depuis Dec 09, 2015   posts 823
Dec 22, 2016 at 12:35
The pair is still very bullish, I think that next target is at 1.3500 - 1.3520.
Membre depuis Oct 02, 2014   posts 909
Dec 24, 2016 at 13:02
Good move last week.
Positivity
Membre depuis Dec 09, 2015   posts 823
Dec 26, 2016 at 16:28
USD/CAD is testing the resistance at 1.3550, but considering the spinning top bar on the 4H time frame I think that this week it might rebound towards 1.3500 again.
Membre depuis Dec 09, 2015   posts 823
Dec 27, 2016 at 11:05
The pair opened with a bearish gap that did reach 1.3500. It then recovered the gap and is now trading flat, which is normal for this period of the year.
Membre depuis Dec 09, 2015   posts 823
Dec 28, 2016 at 16:51 (édité Dec 28, 2016 at 16:57)
The pair rebounded from 1.3600 after forming a shooting star bar on the 4H time frame. I think it will continue falling towards 1.3440 - 1.3430.
Membre depuis Oct 02, 2014   posts 909
Dec 31, 2016 at 16:27
Bearish for the short-term.
Positivity
Membre depuis Dec 09, 2015   posts 823
Jan 02, 2017 at 16:23
I opened a long position on USD/CAD. The pair has formed a doji bar above the support at 1.3410, I think it will rebound towards 1.3460.
rob559
forex_trader_29148
Membre depuis Feb 11, 2011   posts 1916
Jan 03, 2017 at 07:18
i'm short too
Membre depuis Dec 09, 2015   posts 823
Jan 04, 2017 at 14:42
Thr pair reached 1.3300 and formed a hammer bar on the 1H time frame. 1.3300 is a strong support and I think we might see a reversal here.
rob559
forex_trader_29148
Membre depuis Feb 11, 2011   posts 1916
Jan 05, 2017 at 07:47
will reverse but not now or tomorrow ,couple of days maybe
rob559
forex_trader_29148
Membre depuis Feb 11, 2011   posts 1916
Jan 05, 2017 at 07:50
look at wpr indy on daily chart
rob559
forex_trader_29148
Membre depuis Feb 11, 2011   posts 1916
Jan 05, 2017 at 15:58
reverse underway soon
Membre depuis Dec 09, 2015   posts 823
Jan 05, 2017 at 17:02
USD/CAD broke below 1.3300 after all and continued dropping. I think that if it breaks below 1.3200 too it will reach 1.3120 next.
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