USDCAD
Biedrs kopš
823 ieraksti
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.
Biedrs kopš
35 ieraksti
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!
Biedrs kopš
823 ieraksti
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.
Biedrs kopš
823 ieraksti
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.
Biedrs kopš
823 ieraksti
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.
Biedrs kopš
1 ieraksti
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.
Biedrs kopš
823 ieraksti
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.
Biedrs kopš
823 ieraksti
Dec 22, 2016 at 12:35
The pair is still very bullish, I think that next target is at 1.3500 - 1.3520.
Biedrs kopš
909 ieraksti
Dec 24, 2016 at 13:02
Good move last week.
Positivity
Biedrs kopš
823 ieraksti
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.
Biedrs kopš
823 ieraksti
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.
Biedrs kopš
823 ieraksti
Dec 28, 2016 at 16:51
(labots 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.
Biedrs kopš
909 ieraksti
Dec 31, 2016 at 16:27
Bearish for the short-term.
Positivity
Biedrs kopš
823 ieraksti
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.
forex_trader_29148
Biedrs kopš
1916 ieraksti
Jan 03, 2017 at 07:18
i'm short too
Biedrs kopš
823 ieraksti
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.
forex_trader_29148
Biedrs kopš
1916 ieraksti
Jan 05, 2017 at 07:47
will reverse but not now or tomorrow ,couple of days maybe
forex_trader_29148
Biedrs kopš
1916 ieraksti
Jan 05, 2017 at 07:50
look at wpr indy on daily chart
forex_trader_29148
Biedrs kopš
1916 ieraksti
Jan 05, 2017 at 15:58
reverse underway soon
Biedrs kopš
823 ieraksti
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.
