USDCAD

USD/CAD is moving to the downside this week. I plan to buy at 1.2660.

USD/CAD pulled back from 1.2746 and I think it will drop back to 1.2680, so I opened a short position.

dianajs posted:
USD/CAD pulled back from 1.2746 and I think it will drop back to 1.2680, so I opened a short position.

The pair is still sideway trading, I want to wait.

USD/CAD rebounded from 1.2680 again and formed a double bottom. The pair is very bullish at the moment and I think it will rally to 1.2830.

Still no any opportunely , still waiting for a short

The pair reached 1.2830 as I thought it would. I think that the pair will keep moving north for the time being and it will reach 1.2900.

USD/CAD reached 1.2900 today. Unless it forms a triple top at that level and pulls back from it I think the pair will continue rising to 1.3000 - 1.3040.

The Canadian dollar did not make any significant moves this week. Tomorrow's data might change that!

Second Time it hit 1.2900

Double Top just formed.

If you look at the D1 time frame you'll see it's actually a triple top. A pullback from it was always a possibility. I think the pair will depreciate back to 1.2700.

USDCAD sell

Not only did USD/CAD depreciate to 1.2700 it fell below it to the support at 1.2670. I think that now there are two possible scenarios - the pair will either rebound from 1.2670 and start rallying, or there will be a breakout and a drop to 1.2600.

USD is bae😂

Steady climb this week.

USDCAD could drop even twice

In the short term. I assume that the price will go down to 1.27638 point. However, it is likely that the price will continue to move upward to the point of 1.29045 and possibly later higher.

Seem consolidation will continue into the next week.

Not sure if it will break above resistance, but we'll see in time. Looking to hold the trade for a week or so.