USDCAD

nakedfoot

Membre depuis Feb 17, 2017 posts 33

Jun 15, 2017 at 11:50

Membre depuis Feb 17, 2017 posts 33

the H4 20 SMA at 1.3285 seems to have a hard time to act as resistance for the time being, we could very well see a rise to the 1.3320 zone before the market resumes its bearish tendancy..
keep in mind 1.3315 is the 38% retracement form this last bearish leg and as always, good luck to all

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

dianajs

Membre depuis Dec 09, 2015 posts 823

Jun 19, 2017 at 09:28

Membre depuis Dec 09, 2015 posts 823

The pair rebounded from 1.3200 after forming a pin bar on the H4 time frame. I think it will rally back to 1.3300 as part of the correction above the support at 1.3160 - 1.3200.

stian

Membre depuis Nov 14, 2015 posts 315

Jun 19, 2017 at 11:24

Membre depuis Nov 14, 2015 posts 315

Oil will need a push before USDCAD can stay below 1.32. US production can be interesting this week.

dianajs

Membre depuis Dec 09, 2015 posts 823

Jun 20, 2017 at 11:36

Membre depuis Dec 09, 2015 posts 823

I opened a long position at 1.3230. For the moment my target is at 1.3300, depending on how it develops there I may keep it open.

dianajs

Membre depuis Dec 09, 2015 posts 823

Jun 21, 2017 at 12:17

Membre depuis Dec 09, 2015 posts 823

I closed my long position once the pairing reached 1.3300, I think it is forming a consolidation channel between 1.3180 and 1.3300.

nakedfoot

Membre depuis Feb 17, 2017 posts 33

Jun 21, 2017 at 12:30

Membre depuis Feb 17, 2017 posts 33

nice trade djanas, indeed it is consolidating, but I see a possible move to the 1.3335 zone in the near future.. after a decent retracement around the 1.3270 area..

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

dianajs

Membre depuis Dec 09, 2015 posts 823

Jun 22, 2017 at 13:35

Membre depuis Dec 09, 2015 posts 823

USD/CAD fell to 1.3246 after a rally to 1.3350. The pair remains bearish and I think it will reach 1.3200 soon.

forex_trader_439242

Membre depuis Jun 22, 2017 posts 8

Jun 25, 2017 at 07:58

Membre depuis Jun 22, 2017 posts 8

I'm long at 1.3267 on Friday. Stop loss at 1.3192. Take profit at 1.3365.

arigoldman

Membre depuis Oct 02, 2014 posts 905

Jun 25, 2017 at 10:14

Membre depuis Oct 02, 2014 posts 905

Currently out of the trend channel, staying away from this pair for now.

Positivity

csc2009

Membre depuis Apr 09, 2014 posts 832

Jun 25, 2017 at 22:57

Membre depuis Apr 09, 2014 posts 832

Correction movement continues, CAD remain under pressure. Support level can be found around 1.3160.

dianajs

Membre depuis Dec 09, 2015 posts 823

Jun 26, 2017 at 09:31

Membre depuis Dec 09, 2015 posts 823

USD/CAD rebounded from 1.3210 but so far remains very range-bound. I think I will refrain from opening new positions for the moment.

dianajs

Membre depuis Dec 09, 2015 posts 823

Jun 28, 2017 at 09:22

Membre depuis Dec 09, 2015 posts 823

I think that the current drop is just the beginning of the move to the downside and its closest target is around 1.3030 - 1.3000.

stian

Membre depuis Nov 14, 2015 posts 315

Jun 28, 2017 at 12:12

Membre depuis Nov 14, 2015 posts 315

Poloz could definitly give it a push with a repetition of a hawkish stance, but oil remains a heavy longterm influencer.

nakedfoot

Membre depuis Feb 17, 2017 posts 33

Jun 28, 2017 at 13:35

Membre depuis Feb 17, 2017 posts 33

pure technical ABCD on daily chart shoots the pair around 1.2980..

good luck to all

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

arigoldman

Membre depuis Oct 02, 2014 posts 905

Jun 28, 2017 at 16:19

Membre depuis Oct 02, 2014 posts 905

USD/CAD broke the support at 1.31. Next level would be 1.2915.

Positivity

csc2009

Membre depuis Apr 09, 2014 posts 832

Jul 03, 2017 at 06:20

Membre depuis Apr 09, 2014 posts 832

Weak US dollar and the recovery in oil prices, another bad week to come for the pair. The pair has already broke below critical support 1.3000, further delcine could be triggered easily.

arigoldman

Membre depuis Oct 02, 2014 posts 905

Jul 08, 2017 at 16:03

Membre depuis Oct 02, 2014 posts 905

I was expecting that the 1.30 level would hold. More potential to the downside imo.

Positivity

csc2009

Membre depuis Apr 09, 2014 posts 832

Jul 10, 2017 at 06:36

Membre depuis Apr 09, 2014 posts 832

arigoldman posted:
I was expecting that the 1.30 level would hold. More potential to the downside imo.

The pair broke 1.29 level, I'm expecting some correction movement before further downside.

dianajs

Membre depuis Dec 09, 2015 posts 823

Jul 10, 2017 at 10:49

Membre depuis Dec 09, 2015 posts 823

I think so too. It rebounded from 1.2860 and considering how oversold it is it could rally to 1.2980.

EURUSD	1.12926	GBPUSD	1.32755	AUDUSD	0.64185
USDJPY	144.789	USDCAD	1.38709	USDCHF	0.82598

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