USDCAD

paidsignals
paidsignals
Apr 09, 2016 at 10:41
21,831 Views
659 Replies
dianajs
dianajs
Member Since Dec 09, 2015   823 posts
Oct 26, 2016 at 15:45
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.
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eniz1806
eniz1806
Member Since Jan 27, 2016   3 posts
Oct 27, 2016 at 06:37
I agree...usd/cad in correction two days,but correction is for downside..
enizneziric@
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stian
stian
Member Since Nov 14, 2015   315 posts
Oct 28, 2016 at 14:33
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.
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dianajs
dianajs
Member Since Dec 09, 2015   823 posts
Oct 31, 2016 at 10:11
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.
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RichardBills
RichardBills
Member Since Mar 25, 2015   70 posts
Nov 01, 2016 at 07:30
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.
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dianajs
dianajs
Member Since Dec 09, 2015   823 posts
Nov 01, 2016 at 10:24
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.
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GFernandez78
GFernandez78
Member Since Oct 08, 2015   35 posts
Nov 02, 2016 at 07:33
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.
Trading is like football - if you don't practice you can't win the game!
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dianajs
dianajs
Member Since Dec 09, 2015   823 posts
Nov 02, 2016 at 16:25
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.
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GFernandez78
GFernandez78
Member Since Oct 08, 2015   35 posts
Nov 04, 2016 at 09:04
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... 😄
Trading is like football - if you don't practice you can't win the game!
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arigoldman
arigoldman
Member Since Oct 02, 2014   905 posts
Nov 04, 2016 at 13:47
Bearish here.
Positivity
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Mykl
Mykl
Member Since Mar 04, 2016   13 posts
Nov 06, 2016 at 07:36
Sell stop @ 3348 for me , we see where the randomness takes us
No word "per" in trading.
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dianajs
dianajs
Member Since Dec 09, 2015   823 posts
Nov 07, 2016 at 16:44
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.
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dianajs
dianajs
Member Since Dec 09, 2015   823 posts
Nov 10, 2016 at 11:33
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.
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dianajs
dianajs
Member Since Dec 09, 2015   823 posts
Nov 11, 2016 at 11:37
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.
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arigoldman
arigoldman
Member Since Oct 02, 2014   905 posts
Nov 11, 2016 at 19:26
CAD is depreciating quickly.
Positivity
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dianajs
dianajs
Member Since Dec 09, 2015   823 posts
Nov 14, 2016 at 16:06
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.
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dianajs
dianajs
Member Since Dec 09, 2015   823 posts
Nov 16, 2016 at 16:34
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.
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dianajs
dianajs
Member Since Dec 09, 2015   823 posts
Nov 17, 2016 at 15:54
The pair is still consolidating above 1.3400. Hopefully the release of the Core CPI tomorrow will push it past that level.
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dianajs
dianajs
Member Since Dec 09, 2015   823 posts
Nov 18, 2016 at 12:03
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.
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arigoldman
arigoldman
Member Since Oct 02, 2014   905 posts
Nov 20, 2016 at 06:51
Waiting to sell around 1.37.
Positivity
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