USDCAD

Apr 09, 2016 at 10:41
21,089 Visualizações
659 Replies
Membro Desde Oct 02, 2014   909 postagens
Feb 19, 2017 at 09:41
USD/CAD tried to make a bullish move on Friday but somehow failed short and now price is 1.3092. Improved momentum can drive the pair during the next week.
Positivity
Membro Desde Feb 17, 2017   33 postagens
Feb 19, 2017 at 15:51
it appears that with what UC did in January.. it will be tough to go above 1.32 ish.. before it falls back down under 1.30.. it barely reached the monthly 38.2% fib.. before it went right back down.. all I want (in total honesty) is to see it MOVE.. this past week was the most boring of all with 40-50 pips days.. and multiple dojis ... give us momentum & volatility ohhh Fx god.. 😉

good luck to you all
patience & discipline lead to wisdom ... & profits ! ;)
Membro Desde Dec 09, 2015   823 postagens
Feb 21, 2017 at 16:31
The pair is bullish and I think it will soon reach 1.3170. Also, if it breaks out above that level the next target should be around 1.3200 - 1.3210.
Membro Desde Dec 09, 2015   823 postagens
Feb 22, 2017 at 10:40
USD/CAD did break out above 1.3170. I think that if it breaks out above 1.3200 too it will reach 1.3280.
Membro Desde Feb 17, 2017   33 postagens
Feb 22, 2017 at 15:49
Guys , keep in touch, I love those comments !!

I totally agree with you, 1.32 being the 38% retracement of last month's candle, there should definitely be some activity around that level..

good luck :)
patience & discipline lead to wisdom ... & profits ! ;)
Membro Desde Feb 17, 2017   33 postagens
Feb 22, 2017 at 15:50
on the daily chart, next target is definitely 1.3280 on UC..
patience & discipline lead to wisdom ... & profits ! ;)
Membro Desde Dec 09, 2015   823 postagens
Feb 23, 2017 at 17:00
The pair rebounded from 1.3200 after forming a rather impressive spinning top bar on the daily time frame at that level. I think next target is at 1.3060.
Membro Desde Oct 02, 2014   909 postagens
Feb 24, 2017 at 11:17
USD/CAD got some positive vibes this week and is now trading at 1.3105.
Positivity
gustavoz
forex_trader_360642
Membro Desde Sep 15, 2016   6 postagens
Feb 25, 2017 at 17:59
dianajs posted:
The pair rebounded from 1.3200 after forming a rather impressive spinning top bar on the daily time frame at that level. I think next target is at 1.3060.

There is too much movement with this pair, I definitely hope the trend is bullish. I want to see some of that over there.
Membro Desde Feb 12, 2016   522 postagens
Feb 28, 2017 at 10:14
Hello,
USD/CAD - Bullish momentum may push the price for test at 1.3210.
besttools
forex_trader_338100
Membro Desde Jun 21, 2016   898 postagens
Feb 28, 2017 at 11:21

The weak daily volatility is a major obstacle to a pronounced rebound of the pair. Watch pullback towards 1.3010 (lower band of daily Bollinger) before the support at 1.2975 (daily parabolic). The utmost caution is in order, as a break below this last level would release significant downside, opening the way for a more pronounced decline towards 1.2908 (Fibonacci projection) and the support around 1.27801.28.
Membro Desde Dec 09, 2015   823 postagens
Feb 28, 2017 at 13:25
USD/CAD is back to testing 1.3200. I think that next target is at 1.3250 - 1.3260 if it breaks out above the resistance and in my opinion it will, considering the bullish bars on the weekly time frame.
Membro Desde Feb 17, 2017   33 postagens
Feb 28, 2017 at 14:45
seems like we have contradicting views offered here.. ;)
My view is that given the bullish start this week and the recent break of 1.3210 this morning... we should see 1.3250 -1.3280 in the near future .. and if the god of Fx shall bless us all, it will give us an entry around 1.33 to SHORT like kids on christmas day..

PS let's not forget the BOC interest rate decision tomorrow .. nothing is expected there.. meaning a continued bullish move until the abovementioned levels are met

talk to you soon guys :)
patience & discipline lead to wisdom ... & profits ! ;)
rob559
forex_trader_29148
Membro Desde Feb 11, 2011   1916 postagens
Mar 01, 2017 at 07:22
i say up to 1.3294
Membro Desde Feb 12, 2016   522 postagens
Mar 01, 2017 at 09:52
Hello,
USD/CAD - After the rally, some t/p taking may come out, but the bias is for long. Most likely we will see soon 1.3380 - the high of Jan 20, 2017
Membro Desde Dec 09, 2015   823 postagens
Mar 01, 2017 at 17:45
Not only did it reach 1.3260 but it climbed above that level and continued rallying. I think that for the moment the rally will continue toward 1.3400.
Membro Desde Feb 12, 2016   522 postagens
Mar 02, 2017 at 09:13
Hello,
USD/CAD - It seems may rise further and I still expect price test at 1.3380.
besttools
forex_trader_338100
Membro Desde Jun 21, 2016   898 postagens
Mar 02, 2017 at 14:40

Immediate upside resistance is seen near 1.3385-90 region (Jan. 20 high), above which the pair seems all set to head towards its next resistance near 1.3435-40 region, en-route 1.3500 psychological mark. On the downside, 1.3315 level now seems to act as immediate support, which if broken might drag the pair back towards 100-day SMA resistance break-point, now turned important support, near 1.3375 region.
Membro Desde Feb 17, 2017   33 postagens
Mar 02, 2017 at 14:56
Most definitely a nice rallye.. not only did it NOT give us a break at the 161.8% weekly fib expansion, it is heading for january's high / this week's 127% fib expansion around 1.34.. at this point, in my opinion we should see a retracement until around 1.3280-1.33 zone before it goes back up to it's next level mentioned by FX Tools.. ( I see 1.3540 ish..)

To be noted, today, thursday, the move seems a lot less volatile showing the bullish move is losing steam and getting ready to give a chance to the bears to do their thing..

good luck everyone :)
patience & discipline lead to wisdom ... & profits ! ;)
Membro Desde Dec 09, 2015   823 postagens
Mar 02, 2017 at 18:40
That is a truly impressive rally and I don't think it will end before USD/CAD reaches 1.3600. It's already testing 1.3400.
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