USDCAD
Členom od Dec 09, 2015
823 príspevkov
Sep 08, 2017 at 11:12
arigoldman posted:
A new bottom in sight. Expecting more downside.
Me too. Frankly, I would be surprised if it stops depreciating at 1.2000, which it will almost certainly reach soon.
Členom od Feb 17, 2017
33 príspevkov
Sep 08, 2017 at 11:57
arigoldman posted:
A new bottom in sight. Expecting more downside.
Me too. Frankly, I would be surprised if it stops depreciating at 1.2000, which it will almost certainly reach soon.
I agree with you guys.. but news at 8:30 will determine if we see more downside this morning during the US session towards 1.2020 , or a correction.. to 1.22... follow the herd ;)
best of luck to you all
N
A new bottom in sight. Expecting more downside.
Me too. Frankly, I would be surprised if it stops depreciating at 1.2000, which it will almost certainly reach soon.
I agree with you guys.. but news at 8:30 will determine if we see more downside this morning during the US session towards 1.2020 , or a correction.. to 1.22... follow the herd ;)
best of luck to you all
N
patience & discipline lead to wisdom ... & profits ! ;)
Členom od Feb 17, 2017
33 príspevkov
Sep 08, 2017 at 14:14
the 'V' pit on weekly chart is at 1.2075 and price action has responded nicely to it... correction is to be expected for the time being.
patience & discipline lead to wisdom ... & profits ! ;)
Členom od Dec 09, 2015
823 príspevkov
Sep 11, 2017 at 11:06
USD/CAD is depreciating again and it is at the support at 1.2100, but I think it will keep falling. 1.2060 is the next possible target, should there be a breakout.
Členom od Feb 17, 2017
33 príspevkov
Sep 11, 2017 at 12:41
USDCAD retraced to 61.8 fib retracement level from last friday.. if the 1.2100 support holds, expecting a rise to the 1.2190 zone..
patience & discipline lead to wisdom ... & profits ! ;)
Členom od Oct 02, 2014
909 príspevkov
Sep 11, 2017 at 13:48
Staying away at the moment but i see a good buying level a little lower around 1.19.
Positivity
Členom od Dec 09, 2015
823 príspevkov
Sep 13, 2017 at 11:03
USD/CAD is stuck in a tight range above the support 1.2060 but the trend is still very bearish, so I have little doubt that the pair will eventually reach at least 1.2000 if not 1.1900.
Členom od Feb 17, 2017
33 príspevkov
Sep 13, 2017 at 12:26
If USDCAD breaks 1.2080 this morning, I agree totally with you dianajs.. the drop could be deep..
patience & discipline lead to wisdom ... & profits ! ;)
Členom od Feb 12, 2016
522 príspevkov
Sep 13, 2017 at 12:52
USD/CAD - Forming downtrend continuation model and may see test around 1.1940/60 during the next few days.
Členom od Feb 17, 2017
33 príspevkov
Sep 13, 2017 at 13:33
after reaction to US news... market seems to be directed higher towards 1.2220.. as long as 1.2130 holds..
patience & discipline lead to wisdom ... & profits ! ;)
Členom od Feb 17, 2017
33 príspevkov
Sep 14, 2017 at 11:24
USD CAD is stock in a 'moving average triangle' 😲 ( H4 & H8) consolidating before the CPI news at 8:30 .. if the 1.2190 high fails to resist, further correction leads us to the 1.2220 and then the 1.2335 zone while a move south should first break the 1.2160 to then re-test the 1.2080 & possibly the 1.2060 lows
good luck to all
good luck to all
patience & discipline lead to wisdom ... & profits ! ;)
Členom od Apr 09, 2014
834 príspevkov
Sep 18, 2017 at 06:34
Usd/Cad is consolidating and found support level at 1.2062, further downside is likely to happen if the pair breaks out of the range.
Členom od Oct 02, 2014
909 príspevkov
Sep 18, 2017 at 17:16
I'm really waiting to go long on the pair!
Positivity
Členom od Feb 17, 2017
33 príspevkov
Sep 19, 2017 at 11:30
Now would be a nice spot to go long on USDCAD.. right at the 38% daily fib retracement level around 1.2275.. given that yesterday's candle appears to be a 'mother ' candle. Otherwise, around 1.2235 is the next level to consider, but will it go there ?
fellas, tomorrow is the US rate decision (14h Eastern time) good luck to all
FYI I love reading your input, all of you, and I thank you for that !
N
fellas, tomorrow is the US rate decision (14h Eastern time) good luck to all
FYI I love reading your input, all of you, and I thank you for that !
N
patience & discipline lead to wisdom ... & profits ! ;)
Členom od Feb 12, 2016
522 príspevkov
Sep 19, 2017 at 11:46
It seems as a kind of bullish flag formation 1H, but I believe is a bit early for long :)
Členom od Dec 09, 2015
823 príspevkov
Sep 19, 2017 at 12:31
I did open a long position. The overall downward trend may not be over yet, but I think it is time for a correction.
Členom od Dec 09, 2015
823 príspevkov
Sep 20, 2017 at 13:55
USD/CAD met a resistance at 1.2337 and it is currently struggling to break out above that level. If it does, I think it will rally to 1.2400.
Členom od Feb 17, 2017
33 príspevkov
Sep 20, 2017 at 13:58
totally in agreement with you Dianajs .. if 1.2235 holds.. next 'true' resistance will be around 1.2360.. could flash up to 1.24.. especially with a potential hike in interest rate later on today..
patience & discipline lead to wisdom ... & profits ! ;)
Členom od Oct 02, 2014
909 príspevkov
Sep 26, 2017 at 13:23
I missed selling at 1.24. I hope it gets back so i can go short.
Positivity
Členom od Feb 17, 2017
33 príspevkov
Sep 26, 2017 at 13:46
appears that USDCAD could go as low as 1.2340 before it goes back up...
patience & discipline lead to wisdom ... & profits ! ;)
