USDCAD
Jun 15, 2017 at 11:50
the H4 20 SMA at 1.3285 seems to have a hard time to act as resistance for the time being, we could very well see a rise to the 1.3320 zone before the market resumes its bearish tendancy..
keep in mind 1.3315 is the 38% retracement form this last bearish leg and as always, good luck to all
keep in mind 1.3315 is the 38% retracement form this last bearish leg and as always, good luck to all
patience & discipline lead to wisdom ... & profits ! ;)
Medlem sedan Dec 09, 2015
823 inlägg
Jun 19, 2017 at 09:28
The pair rebounded from 1.3200 after forming a pin bar on the H4 time frame. I think it will rally back to 1.3300 as part of the correction above the support at 1.3160 - 1.3200.
Medlem sedan Nov 14, 2015
325 inlägg
Jun 19, 2017 at 11:24
Oil will need a push before USDCAD can stay below 1.32. US production can be interesting this week.
Medlem sedan Dec 09, 2015
823 inlägg
Jun 20, 2017 at 11:36
I opened a long position at 1.3230. For the moment my target is at 1.3300, depending on how it develops there I may keep it open.
Medlem sedan Dec 09, 2015
823 inlägg
Jun 21, 2017 at 12:17
I closed my long position once the pairing reached 1.3300, I think it is forming a consolidation channel between 1.3180 and 1.3300.
Medlem sedan Dec 09, 2015
823 inlägg
Jun 22, 2017 at 13:35
USD/CAD fell to 1.3246 after a rally to 1.3350. The pair remains bearish and I think it will reach 1.3200 soon.
forex_trader_439242
Medlem sedan Jun 22, 2017
8 inlägg
Jun 25, 2017 at 07:58
I'm long at 1.3267 on Friday. Stop loss at 1.3192. Take profit at 1.3365.
Medlem sedan Oct 02, 2014
909 inlägg
Jun 25, 2017 at 10:14
Currently out of the trend channel, staying away from this pair for now.
Positivity
Medlem sedan Apr 09, 2014
834 inlägg
Jun 25, 2017 at 22:57
Correction movement continues, CAD remain under pressure. Support level can be found around 1.3160.
Medlem sedan Dec 09, 2015
823 inlägg
Jun 26, 2017 at 09:31
USD/CAD rebounded from 1.3210 but so far remains very range-bound. I think I will refrain from opening new positions for the moment.
Medlem sedan Dec 09, 2015
823 inlägg
Jun 28, 2017 at 09:22
I think that the current drop is just the beginning of the move to the downside and its closest target is around 1.3030 - 1.3000.
Medlem sedan Nov 14, 2015
325 inlägg
Jun 28, 2017 at 12:12
Poloz could definitly give it a push with a repetition of a hawkish stance, but oil remains a heavy longterm influencer.
Medlem sedan Oct 02, 2014
909 inlägg
Jun 28, 2017 at 16:19
USD/CAD broke the support at 1.31. Next level would be 1.2915.
Positivity
Medlem sedan Apr 09, 2014
834 inlägg
Jul 03, 2017 at 06:20
Weak US dollar and the recovery in oil prices, another bad week to come for the pair. The pair has already broke below critical support 1.3000, further delcine could be triggered easily.
Medlem sedan Oct 02, 2014
909 inlägg
Jul 08, 2017 at 16:03
I was expecting that the 1.30 level would hold. More potential to the downside imo.
Positivity
Medlem sedan Apr 09, 2014
834 inlägg
Jul 10, 2017 at 06:36
arigoldman posted:
I was expecting that the 1.30 level would hold. More potential to the downside imo.
The pair broke 1.29 level, I'm expecting some correction movement before further downside.
Medlem sedan Dec 09, 2015
823 inlägg
Jul 10, 2017 at 10:49
I think so too. It rebounded from 1.2860 and considering how oversold it is it could rally to 1.2980.
Medlem sedan Oct 02, 2014
909 inlägg
Jul 10, 2017 at 17:28
Expecting the move to the downside to end soon. The US dollar appears to be gaining momentum.
Positivity
