USDCAD
Medlem sedan Dec 09, 2015
823 inlägg
May 25, 2017 at 10:16
USD/CAD finally rebounded from 1.3385 today. I think it will retrace to 1.3460 - 1.3470, but I don't think this is the end of the downward trend.
May 25, 2017 at 12:50
I agree with dianajs, clear break yesterday calls for more downward movement, but patience for the price to vome back to break point (previous support) around 1.3470 is key to successful trade imho
good luck to all
N
good luck to all
N
patience & discipline lead to wisdom ... & profits ! ;)
Medlem sedan Dec 09, 2015
823 inlägg
May 26, 2017 at 07:09
The corrective movement to the upside reached all the way to 1.3500 before it ended. The pair started falling after a pair of bearish pin bars formed on the H4. I think it will test the last low at 1.3387.
Medlem sedan Oct 02, 2014
909 inlägg
May 27, 2017 at 15:28
Very difficult to trade that pair lately.
Positivity
May 28, 2017 at 07:54
indeed, ranging market for USDCAD this past friday... the 1.3450 support appears hard to break.. , still on the corrective side.. trying to get back in the trend... if you look at other CAD pairs , for ex: EUR-CAD, nice trend on friday, reacting to the daily 20 SMA nicely..
good luck to us all
good luck to us all
patience & discipline lead to wisdom ... & profits ! ;)
Medlem sedan Dec 09, 2015
823 inlägg
May 30, 2017 at 08:59
(redigerad May 30, 2017 at 09:02)
arigoldman posted:
Very difficult to trade that pair lately.
It's caught it in a tight range before the US Non-Farm payrolls on Friday. That should be the catalyst that prompts further development.
Medlem sedan Dec 09, 2015
823 inlägg
May 31, 2017 at 17:02
USD/CAD rebounded from 1.3435 and I think it will rally toward 1.3540, or even toward 1.3560. I don't think there would be much larger development before the NFP.
Medlem sedan May 09, 2017
33 inlägg
Jun 01, 2017 at 11:57
USDCAD currency pair status is going on down 1.3487 CAD
Medlem sedan Oct 02, 2014
909 inlägg
Jun 02, 2017 at 12:42
USD/CAD slightly lower at 1.35, relatively unchanged after the disappointing US data release.
Positivity
Medlem sedan Dec 09, 2015
823 inlägg
Jun 05, 2017 at 16:38
USD/CAD is very range-bound at the moment. I think another rally toward 1.3540 is possible in the short-term.
Jun 06, 2017 at 11:25
USD CAD touched the bottom of its channel on H4 @ 1.3442.. I suspect a possible move up to 1.3505 and ultimately 1.3570
on the flip side, it could go back to 1.3426 amd 1.3390 but my bias is upward today.
good luck to everyone
on the flip side, it could go back to 1.3426 amd 1.3390 but my bias is upward today.
good luck to everyone
patience & discipline lead to wisdom ... & profits ! ;)
Medlem sedan Oct 02, 2014
909 inlägg
Jun 11, 2017 at 19:27
Staying out of this pair at the moment. No clear direction.
Positivity
Medlem sedan Dec 09, 2015
823 inlägg
Jun 12, 2017 at 08:08
arigoldman posted:
Staying out of this pair at the moment. No clear direction.
It's still range-bound but it has fallen to the support at 1.3450. I think that a new rally to 1.3500 - 1.3540 is possible.
Medlem sedan Dec 09, 2015
823 inlägg
Jun 13, 2017 at 09:20
(redigerad Jun 13, 2017 at 09:29)
The pair has finally broken out below the range and it's essentially in freefall. I think its closest target is at 1.3200 but this is only the beginning of the drop.
Medlem sedan Dec 09, 2015
823 inlägg
Jun 14, 2017 at 09:39
USD/CAD broke out below 1.3200 practically effortlessly. I think that the drop might continue all the way to 1.3100 or even 1.3000.
Jun 14, 2017 at 11:15
dianajs posted:
USD/CAD broke out below 1.3200 practically effortlessly. I think that the drop might continue all the way to 1.3100 or even 1.3000.
given the US fed rate decision today, it could very well be, but in the meantime, there should be a decent retracement to put the price in more 'neutral' territory before the news, I say around 1.3225-1.3250 zone...
good luck to all
patience & discipline lead to wisdom ... & profits ! ;)
Medlem sedan Oct 02, 2014
909 inlägg
Jun 14, 2017 at 12:28
USD/CAD continues its bearish trend. Expecting more to the downside today.
Positivity
Medlem sedan Oct 11, 2013
775 inlägg
Jun 14, 2017 at 21:47
The USDCAD makes a daily low at the 1.3162 level, but it goes back up, forming what it appears to be a hammer candlestick pattern on the daily chart. A bullish pullback is possible on the following days.
Medlem sedan Dec 09, 2015
823 inlägg
Jun 15, 2017 at 08:09
arigoldman posted:
USD/CAD continues its bearish trend. Expecting more to the downside today.
The pair rebounded from 1.3160 and it may retrace back to 1.3270 - 1.3280, but I too think that the trend remains bearish and this is not the end of the drop.
