USDCAD
Medlem sedan Dec 09, 2015
823 inlägg
Oct 26, 2016 at 15:45
The sideways consolidation of USD/CAD continues even though the pair has formed a spinning top on the daily time frame below 1.3380. I still expect a move to the downside.
Medlem sedan Nov 14, 2015
325 inlägg
Oct 28, 2016 at 14:33
Keep an eye out for OPEC news today. Meeting in Vienna could strengthen the CAD quite a bit if they can reaffirm the production cap.
Medlem sedan Dec 09, 2015
823 inlägg
Oct 31, 2016 at 10:11
USD/CAD is dropping after forming another spinning top bar below 1.3430 on the daily time frame. I think it will test the support at 1.3330 again before moving to the upside.
Medlem sedan Mar 25, 2015
74 inlägg
Nov 01, 2016 at 07:30
On H4 it looks quite bullish the last couple of weeks. I expect it to reach the 1.3450 level by the middle of this week.
Medlem sedan Dec 09, 2015
823 inlägg
Nov 01, 2016 at 10:24
USD/CAD formed a doji bar below the resistance at 1.3430 on the daily time frame. The more of these bars it forms, the more convinced I become that there will be a move to the downside.
Medlem sedan Oct 08, 2015
35 inlägg
Nov 02, 2016 at 07:33
Switched back tot he M1 chart before the BoC Governor Speech in some minutes. USDCAD looks quite bullish from this perspective. I think the news will have a strong impact. Will join the market if I see a certain direction.
Trading is like football - if you don't practice you can't win the game!
Medlem sedan Dec 09, 2015
823 inlägg
Nov 02, 2016 at 16:25
The pair did move to the downside but for now it's consolidating sideways above 1.3350. I closed my short position and I am waiting to see whether it will break below that level.
Medlem sedan Oct 08, 2015
35 inlägg
Nov 04, 2016 at 09:04
It didn't brake it yet and I see it is quite flat on h4 chart. I will also wait for a while to see strong signal of a certain direction. Tonight we have the Bank of Canada governor speech. Maybe this will give us some clues... 😄
Trading is like football - if you don't practice you can't win the game!
Medlem sedan Oct 02, 2014
909 inlägg
Nov 04, 2016 at 13:47
Bearish here.
Positivity
Medlem sedan Dec 09, 2015
823 inlägg
Nov 07, 2016 at 16:44
The pair is consolidating sideways in preparation for the US election results tomorrow. I have closed all my positions and I am waiting for the results to come out.
Medlem sedan Dec 09, 2015
823 inlägg
Nov 10, 2016 at 11:33
I opened a long on this pair due to the doji and spinning top bars that formed on the four-hour time frame above the support at 1.3400. My target is at 1.3460.
Medlem sedan Dec 09, 2015
823 inlägg
Nov 11, 2016 at 11:37
USD/CAD is testing the resistance at the previous high at 1.3524. I think that if it breaks out above that level it will reach 1.3600 - 1.3700 at least.
Medlem sedan Oct 02, 2014
909 inlägg
Nov 11, 2016 at 19:26
CAD is depreciating quickly.
Positivity
Medlem sedan Dec 09, 2015
823 inlägg
Nov 14, 2016 at 16:06
The pair broke above 1.3524 and it is still very bullish. Next target is 1.3600, so for the moment I have a long position.
Medlem sedan Dec 09, 2015
823 inlägg
Nov 16, 2016 at 16:34
USD/CAD formed a shooting star bar after it reached the resistance at 1.3590, then started dropping. I have a short position and I will open another one if it breaks below 1.3400.
Medlem sedan Dec 09, 2015
823 inlägg
Nov 17, 2016 at 15:54
The pair is still consolidating above 1.3400. Hopefully the release of the Core CPI tomorrow will push it past that level.
Medlem sedan Dec 09, 2015
823 inlägg
Nov 18, 2016 at 12:03
USD/CAD rebounded from 1.3400 and reached 1.3560, but now it's retracing from that level. I think next target is at 1.3470.
Medlem sedan Oct 02, 2014
909 inlägg
Nov 20, 2016 at 06:51
Waiting to sell around 1.37.
Positivity
