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USDCAD
Membro Desde Oct 02, 2014
909 posts
Sep 29, 2017 at 11:37
Membro Desde Feb 17, 2017
33 posts
my opinion on the matter is to stick to the 'mother candle' of wednesday.. 1.2391 is the 61.8% fibo retracement.. and could be a very good entry point.. we had a decent retracement yesterday.. and the movement is rather bullish.. a break above 1.2445 will confirm the continuation of the bullish move .. more retracement could lead to 1.2335
good luck to all
good luck to all
patience & discipline lead to wisdom ... & profits ! ;)
Membro Desde Jul 12, 2016
78 posts
Oct 11, 2017 at 13:42
Membro Desde Feb 17, 2017
33 posts
very wise decision indeed dianajs... FOMC minutes will amplify.. or correct.. CAD following gold and oil.. gold appears to be at a resistance as well.. it all comes together..
good luck to all
good luck to all
patience & discipline lead to wisdom ... & profits ! ;)
Membro Desde Oct 02, 2014
909 posts
Membro Desde Oct 02, 2014
909 posts
Oct 19, 2017 at 19:02
Membro Desde Feb 17, 2017
33 posts
given the strong fundamental news tomorrow, the market seems to be heading north to a more 'neutral' area.. should go around the 1.2505-1.2517 zone before anything... if 1.2533 holds, there is a good chance to see a further move down towards 1.2430
good luck to all
good luck to all
patience & discipline lead to wisdom ... & profits ! ;)
Oct 23, 2017 at 06:26
Membro Desde Apr 09, 2014
834 posts
dianajs posted:arigoldman posted:
Good move to the downside, somehow not strong enough though.
I thought it would fall to 1.2400, but apparently that wasn't the case as it rebounded from 1.2450 and it may now finally rally above 1.2600.
Focus on the BoC this week, the pair is likely to extend the rally if the BoC will show any sign of dovish tone.
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