Advertisement
USDCAD
Uczestnik z Dec 09, 2015
823 postów
Mar 03, 2017 at 17:27
USD/CAD broke above 1.3400 and I have little doubt that next week it will continue moving to the upside, apart from the occasional correction.
Uczestnik z Oct 02, 2014
905 postów
Mar 05, 2017 at 16:12
Good move last week, i'm kinda sad i missed buying!
Positivity
Uczestnik z Oct 11, 2013
769 postów
Mar 05, 2017 at 22:43
The USDCAD drops below the 1.3400 level, looks like a shooting star formation with a possible change in direction.
Uczestnik z Dec 09, 2015
823 postów
Mar 06, 2017 at 17:17
USD/CAD still appears bullish but there is also a RSI divergence on the H1 time frame. However, it could continue moving to the upside for the moment and the divergence could deepen.
Mar 07, 2017 at 07:36
indeed. already reached the 127% monthly fib expansion.. expecting a correction sooner than later.. and with NFP friday.. anything can happen..
1.3457 is a very strong resistance. the one that was broken in early 2016 and lead to 1.47...
1.3457 is a very strong resistance. the one that was broken in early 2016 and lead to 1.47...
patience & discipline lead to wisdom ... & profits ! ;)
Uczestnik z Dec 09, 2015
823 postów
Mar 07, 2017 at 11:12
USD/CAD is very range-bound for the moment. In a few hours there will be fresh economic data coming out of Canada that I think will end the range, until then I won't be opening new positions.
Uczestnik z Feb 12, 2016
507 postów
Mar 08, 2017 at 10:43
Hello,
USD/CAD is pressing the upper frontier of the range. Looks ready for take-off :)
USD/CAD is pressing the upper frontier of the range. Looks ready for take-off :)
Uczestnik z Dec 09, 2015
823 postów
Mar 08, 2017 at 17:31
The USD/CAD range finally ended and the pair started climbing. I think the closest target is 1.3500 but it will eventually reach 1.3600.
Mar 09, 2017 at 07:24
indeed, the trend isn't ending soon.. NFP friday and rate decision next week, we should see a correction sooner or later but the greenback is strong !! gold and oil falling.. will it end around 1.3550 ish ??
tbc..
tbc..
patience & discipline lead to wisdom ... & profits ! ;)
forex_trader_338100
Uczestnik z Jun 21, 2016
287 postów
Mar 09, 2017 at 08:48
A follow through buying interest above the 1.3500 handle has the potential to lift the pair towards 1.3560-65 resistance area, above which the pair seems all set to aim towards testing Dec. 2016 highs resistance near 1.3600 round figure mark. On the flip side, 1.3460 level now seems to protect immediate downside, which if broken is likely to accelerate the corrective slide towards 1.3415-10 area ahead of a major support near 1.3375-70 region.
Uczestnik z Feb 12, 2016
507 postów
Mar 09, 2017 at 10:37
Hello,
USD/CAD - It looks the zone 1.3550/60 would be tested soon. :)
USD/CAD - It looks the zone 1.3550/60 would be tested soon. :)
Uczestnik z Dec 09, 2015
823 postów
Mar 09, 2017 at 17:18
USD/CAD reached a high at 1.3529 today and I think it will continue moving to the upside. The NFP tomorrow may be the catalyst for that.
Uczestnik z Oct 02, 2014
905 postów
Mar 10, 2017 at 12:57
Good move to the upside this week. I'm waiting to sell around 1.3650.
Positivity
Uczestnik z Dec 09, 2015
823 postów
Mar 10, 2017 at 17:18
I opened a long position after the initial drop after the NFP data came out. My target was at 1.3460, I don't think I will open other positions before the market closes this week.
Uczestnik z Jan 11, 2017
4 postów
Mar 13, 2017 at 07:25
Scotiabank is forecasting USD/CAD to be at 1.400 by the end of Q4.
forex_trader_338100
Uczestnik z Jun 21, 2016
287 postów
Mar 13, 2017 at 11:04
A follow through weakness below 1.3420 level (Friday low) is likely to accelerate the corrective slide further towards 1.3375-70 support before the pair eventually drops to 1.3320-15 support area. On the upside, momentum above session peak resistance near 1.3475 level now seems to assist the pair back towards the 1.35 psychological mark resistance ahead of Thursday’s multi-month tops resistance near 1.3535 level.
Uczestnik z Dec 09, 2015
823 postów
Mar 13, 2017 at 17:31
(edytowane Mar 13, 2017 at 17:32)
I have a short position with target 1.3420. I recommend caution this week with all the news coming out, especially the Federal Funds Rate on the 15th.
forex_trader_338100
Uczestnik z Jun 21, 2016
287 postów
Mar 14, 2017 at 08:38
Usd/Cad is up 0.01% at 1.3447 and a break above 1.3536 (2017 high Mar.9) would aim for 1.3601 (high Dec.28 2016) and finally 1.3861 (high Feb.24 2016). On the flip side, the immediate support lines up at 1.3419 (low Mar.10) followed 1.3395 (low Mar.8) and then 1.3369 (low Mar.6).
Uczestnik z Dec 09, 2015
823 postów
Mar 14, 2017 at 16:44
The pair rebounded from 1.3430 and I think it will rise to 1.3500 again. However, I doubt I'll open new positions before the FOMC statement tomorrow.
