USDCAD

The sideways consolidation of USD/CAD continues even though the pair has formed a spinning top on the daily time frame below 1.3380. I still expect a move to the downside.

I agree...usd/cad in correction two days,but correction is for downside..

Keep an eye out for OPEC news today. Meeting in Vienna could strengthen the CAD quite a bit if they can reaffirm the production cap.

USD/CAD is dropping after forming another spinning top bar below 1.3430 on the daily time frame. I think it will test the support at 1.3330 again before moving to the upside.

On H4 it looks quite bullish the last couple of weeks. I expect it to reach the 1.3450 level by the middle of this week.

USD/CAD formed a doji bar below the resistance at 1.3430 on the daily time frame. The more of these bars it forms, the more convinced I become that there will be a move to the downside.

Switched back tot he M1 chart before the BoC Governor Speech in some minutes. USDCAD looks quite bullish from this perspective. I think the news will have a strong impact. Will join the market if I see a certain direction.

The pair did move to the downside but for now it's consolidating sideways above 1.3350. I closed my short position and I am waiting to see whether it will break below that level.

It didn't brake it yet and I see it is quite flat on h4 chart. I will also wait for a while to see strong signal of a certain direction. Tonight we have the Bank of Canada governor speech. Maybe this will give us some clues... 😄

Bearish here.

Sell stop @ 3348 for me , we see where the randomness takes us

The pair is consolidating sideways in preparation for the US election results tomorrow. I have closed all my positions and I am waiting for the results to come out.

I opened a long on this pair due to the doji and spinning top bars that formed on the four-hour time frame above the support at 1.3400. My target is at 1.3460.

USD/CAD is testing the resistance at the previous high at 1.3524. I think that if it breaks out above that level it will reach 1.3600 - 1.3700 at least.

CAD is depreciating quickly.

The pair broke above 1.3524 and it is still very bullish. Next target is 1.3600, so for the moment I have a long position.

USD/CAD formed a shooting star bar after it reached the resistance at 1.3590, then started dropping. I have a short position and I will open another one if it breaks below 1.3400.

The pair is still consolidating above 1.3400. Hopefully the release of the Core CPI tomorrow will push it past that level.

USD/CAD rebounded from 1.3400 and reached 1.3560, but now it's retracing from that level. I think next target is at 1.3470.