Nov 30 2018 at 12:23
It's getting closer to the resistance level at 1.3390. Possibly, bears will try to bring it down.
Positivity
Looks like they are. I missed my entry on USDCAD so I'm hoping for a pull back so I can get in on the action. Target for me is 1.3130
Dec 06 2018 at 11:13
me too. USDCAD is flying now. i thought about getting in at 1.3180. Which i had as it is now up at 1.3400!! I guess there will be a next time...
Dec 13 2018 at 22:58
The USDCAD is consolidating between the 1.3443 level and the 1.3300 level. The daiy ranges are getting tighter and the pair may be forming a symmetrical triangle on the daily chart.
Price movement has died on USDCAD. So little price movement. I make the range boundaries at 1.3295 and 1.3240. I am looking to short USDCAD so I am waiting for a fake out to the top of the range so that I can go short with a good RR
Looks like we just got the fake out. I have gone short and will be aiming for at least 1.3200. I will keep part open for even larger move to downside
Feb 19 2019 at 11:39
I am going short now. Missed the earlier entry but price looks like it is turning downwards again. 1.3200 is target as well
Feb 21 2019 at 07:15
Nice trade. Price at long term support now so I expect it is too late for entry
Feb 21 2019 at 15:20
No bounce from support. I expect there will be a break tomorrow following core retails sales data (assuming it is neutral or positive). I will be setting pending under local low before news
Big bounce on USDCAD. Rubbish GDP data cause a big spike upwards. Data was actually negative so I think that this is the bottom of the market now and price will now move upwards for the next new months
Momentum upwards has died now. I expect that price will start falling later this afternoon or maybe tomorrow morning. CAd could range now it has been sideways for a month and I do not see a strong trend on fundamentals
Sell USDCAD at top TP 1.3290
Top Forex Robot
What about SL? Without SL the trade is meaningless
USDCAD at a great turning point now. Such support at this level. I will take a LONG position now with SL 1.3270 and TP 1.3380
Really you are going long. USDCAD is just going sideways (like almost all markets now). I wonder if algo trading has killed the volatility in the markets
Apr 21 2019 at 12:52
USD/CAD - nice range on 1H chart. Short at 1.3395/ 1.3405 with tight stop may look as a good opportunity ... but earliest on Tuesday :)
Jun 18 2019 at 12:29
The price goes down to 34.00. And it seems to me that after the price reaches this point, it will again go up to 1.3438
Jun 19 2019 at 00:21
The USDCAD finds a good resistance around the 1.3400 zone and tries to go back down. To the downside, the 200 day EMA and the 1.3300 level could act as support. To the upside, the 1.3500 level could act as resistance.
Aug 14 2019 at 13:50
Wait for SELL to follow the 2 scenarios above. SL on top 1.3344. Minimum TP area 1.3113. 😄
Forex Trading Blog
Aug 21 2019 at 02:02
Good resistance on the USDCAD around the 1.3343 level. the lows on the daily chart are getting higher, showing that the pressure may cause a bullish breakout. To the upside, the 1.3400 level may act as resistance.
