USDCAD
Členom od Oct 02, 2014
909 príspevkov
Oct 24, 2017 at 13:24
USD/CAD appears capped at current level. Above 1.2670 bulls will take over, right now pair is in bearish territory.
Positivity
Členom od Dec 09, 2015
823 príspevkov
Oct 26, 2017 at 10:19
USD/CAD is stuck in a tight range above 1.2780. I think that once that ends it will keep moving north to 1.3000.
Členom od Feb 17, 2017
33 príspevkov
Oct 26, 2017 at 11:49
good morning to all (eastern time.. )
what a nice move yesterday, I hope you all profited from it. today, I have a question for you people who trade USDCAD.. do you take break-outs ? if so, do you adjust the size of your position when you do and what kind of risk (% wise ) are you willing to take ?
thank you for sharing !
as for today... I would not be surprised to see UCAD retrace to 1.2735-55 level.. and be ready for another move up tomorrow when news come out.
again, thank you for all your input, it is always appreciated !
Nico
what a nice move yesterday, I hope you all profited from it. today, I have a question for you people who trade USDCAD.. do you take break-outs ? if so, do you adjust the size of your position when you do and what kind of risk (% wise ) are you willing to take ?
thank you for sharing !
as for today... I would not be surprised to see UCAD retrace to 1.2735-55 level.. and be ready for another move up tomorrow when news come out.
again, thank you for all your input, it is always appreciated !
Nico
patience & discipline lead to wisdom ... & profits ! ;)
Členom od Sep 13, 2017
12 príspevkov
Oct 27, 2017 at 09:48
I agree on a coming retracement. Based on the current price showing weakness, it appears overextended and will retrace to its current upward trend line.
If you follow the herd...the grass is already eaten!
Členom od Apr 09, 2014
834 príspevkov
Oct 30, 2017 at 07:43
Bullish trend remain intact, 1.30 act as very strong handle on the upside, break above the immediate resistance level 1.2920 would open the door to more gains.
Členom od Oct 11, 2013
775 príspevkov
Oct 30, 2017 at 18:56
The USDCAD is consolidating around the 200 day EMA on the 1.2819 level after the strong rally that it had last week. From the current level, the pair may go in any direction, but if it continues higher, it may reach the 1.3000 level. To the downside, the 1.2563 level is its most relevant support zone.
Členom od Dec 09, 2015
823 príspevkov
Nov 02, 2017 at 12:28
There is a double top at 1.2916, so I think we might see a move to the downside. However, we should also keep in mind that the NFP data will come out tomorrow and then there should be a lot of volatility.
Členom od Oct 02, 2014
909 príspevkov
Nov 03, 2017 at 17:00
The Canadian dollar lost a lot this week to the US dollar. I think that's a healthy depreciation.
Positivity
Členom od Dec 09, 2015
823 príspevkov
Nov 06, 2017 at 12:54
USD/CAD is developing within a very tight sideways consolidation at 1.2740 but I think that eventually the depreciation will contunue to 1.2700.
Členom od Oct 02, 2014
909 príspevkov
Nov 08, 2017 at 13:23
The pair depreciated a bit, hopefully it will recover.
Positivity
Členom od Dec 09, 2015
823 príspevkov
Nov 09, 2017 at 13:25
arigoldman posted:
The pair depreciated a bit, hopefully it will recover.
In my opinion it may even continue depreciating, especially if it breaks out below 1.2700. Next target could be around 1.2650 - 1.2630.
Členom od Dec 09, 2015
823 príspevkov
Nov 10, 2017 at 13:08
USD/CAD slipped below 1.2700 as I thought it would and I opened a short position when it did. In my opinion, 1.2650 - 1.2630 is the first target but it may drop lower.
Členom od Oct 02, 2014
909 príspevkov
Nov 10, 2017 at 13:23
Good to go long now i think.
Positivity
Členom od Apr 09, 2014
834 príspevkov
Nov 13, 2017 at 07:30
The pair is trading in a tight range on the low, support can be seen around 1.2620/30 zone, on the upside 1.28 is psychological resistance level.
Členom od Dec 09, 2015
823 príspevkov
Nov 14, 2017 at 13:14
It rebounded from 1.2665 but I don't think this is the end of the drop. A breakout below 1.2650 and another drop to 1.2600 is still possible.
Členom od Jul 22, 2013
216 príspevkov
Nov 14, 2017 at 15:43
scenario in process !
Prílohy:
SNF-Complex system - build in 2007 \ Tested from 1970.
Členom od Dec 09, 2015
823 príspevkov
Nov 15, 2017 at 12:44
The drop did end after all. USD/CAD is rallying and I think it will test the local high at 1.2772. Above it the target is 1.2900.
Členom od Feb 17, 2017
33 príspevkov
Nov 15, 2017 at 12:52
indeed it may test 1.2772... but news at 8:30 EST will determine direction...
patience & discipline lead to wisdom ... & profits ! ;)
Členom od Dec 09, 2015
823 príspevkov
Nov 17, 2017 at 14:33
USD/CAD broke out above 1.2772 and remains bulllish. I opened a long yesterday, I think I will keep it open until it reaches 1.2990.
Členom od Dec 09, 2015
823 príspevkov
Nov 20, 2017 at 14:08
USD/CAD is still inching upward but in a very corrective manner. I decided to close my long positions and wait out the correction.
