USDCAD

paidsignals
paidsignals
Apr 09, 2016 at 10:41
21,087 Views
659 Replies
stian
stian
Member Since Nov 14, 2015   325 posts
Sep 28, 2016 at 19:07
OPEC freeze, their pair could head towards 1.3050.
Message
Vmaxkid
forex_trader_359778
Member Since Sep 12, 2016   5 posts
Sep 29, 2016 at 06:35
Looks as if the support level has moved up between 1.3220 and the 1.3340 level. Looking for a bias to the longs.
Message
dianajs
dianajs
Member Since Dec 09, 2015   823 posts
Sep 29, 2016 at 10:16
Yesterday the pair failed to break above 1.3270 and dropped towards the support at 1.3050. So far it's rebounding from it, but I think that if it does break below that level it will reach 1.2940 - 1.2930.
Message
dianajs
dianajs
Member Since Dec 09, 2015   823 posts
Oct 04, 2016 at 12:09 (edited Oct 04, 2016 at 12:13)
Considering the two hammer bars on the daily time frame above the support at 1.3060, I think we will see a move to the upside towards 1.3250 for now.
Message
arigoldman
arigoldman
Member Since Oct 02, 2014   909 posts
Oct 07, 2016 at 08:05
Waiting to short somewhere around 1.33.
Positivity
Message
dianajs
dianajs
Member Since Dec 09, 2015   823 posts
Oct 13, 2016 at 10:10
The pair just dropped to 1.3240 after forming a doji bar on the 1-hour time frame. It's currently testing that support level, but I think that if there is a breakout to the downside it will reach 1.3200 again.
Message
dianajs
dianajs
Member Since Dec 09, 2015   823 posts
Oct 14, 2016 at 09:20
USD/CAD rebounded from 1.3184 after forming a spinning top and a inverted hammer bar at that support. Right now the pair is testing the resistance at 1.3205 and I think that if it breaks out above that level it will reach the next resistance at 1.3240.
Message
arigoldman
arigoldman
Member Since Oct 02, 2014   909 posts
Oct 16, 2016 at 14:17
Bearish on the pair.
Positivity
Message
dianajs
dianajs
Member Since Dec 09, 2015   823 posts
Oct 18, 2016 at 10:05
I agree, the pair is very bearish for the moment, it broke below the support at 1.3100 and is dropping towards the next support at 1.3020 - 1.3000.
Message
stian
stian
Member Since Nov 14, 2015   325 posts
Oct 18, 2016 at 13:27
Seem to have recovered somewhat to above 1.3070.
Message
dianajs
dianajs
Member Since Dec 09, 2015   823 posts
Oct 19, 2016 at 12:49
The pair rebounded from 1.3050, but it is almost back to testing that support again. However, I won't be opening any more short positions on this pair before it breaks below 1.3050.
Message
stian
stian
Member Since Nov 14, 2015   325 posts
Oct 19, 2016 at 13:48
Eyes on the statement. Still fear the CAD will weaken somewhat with a careful tone, perhaps to 1.3150.
Message
dianajs
dianajs
Member Since Dec 09, 2015   823 posts
Oct 20, 2016 at 16:17
USD/CAD reached the support at 1.3000 and rebounded from that level after forming a pair of hammer bars on the daily time frame. I think that next target is 1.3280 - 1.3300.
Message
koliwater
koliwater
Member Since Jul 14, 2016   2 posts
Oct 21, 2016 at 13:13
hmmm my Canadian dollar.....
Message
RichardBills
RichardBills
Member Since Mar 25, 2015   74 posts
Oct 21, 2016 at 13:18
Personally, I would watch next for the previous 7-month high (1.3310).
Message
dianajs
dianajs
Member Since Dec 09, 2015   823 posts
Oct 24, 2016 at 12:19
USD/CAD is testing 1.3360. I think that if it breaks out above that level next target will be 1.3400.
Message
dmaggio
dmaggio
Member Since Feb 07, 2016   23 posts
Oct 25, 2016 at 07:02
Anyone know why it's dropping so hard?
Message
stian
stian
Member Since Nov 14, 2015   325 posts
Oct 25, 2016 at 07:50
dmaggio posted:
Anyone know why it's dropping so hard?
Poloz yesterday, and now oil is up.
Message
dianajs
dianajs
Member Since Dec 09, 2015   823 posts
Oct 25, 2016 at 16:25
The pair formed a great shooting star bar on the daily time frame after it reached the resistance at 1.3400 yesterday. It might be still bullish for the moment, but I think we will see a move to the downside soon.
Message
RichardBills
RichardBills
Member Since Mar 25, 2015   74 posts
Oct 26, 2016 at 14:19
I expect it to remain bullish and reach tomorrow 1.35. Let's see.
Message
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.
Tools
Economic Calendar
Market Hours
Interest Rates
Holidays Calendar
Forex Market
Forex Volatility
Forex Correlation
Forex News
forex analysis
COT Data
Liquidity
Forex Calculators
Forex Heat Map
Indicators Heatmap
Community
Community
Systems
Most Popular Systems
Strategies
Contests
Forex Charts
Forex Sentiment
Sentiment Indicator
Reviews
Brokers
Prop Trading Firms
VPS Services
Signal Providers
EA Programming Services
Affiliate Programs
PAMM Broker Services
Rebate Program Services
Trading Platforms
Expert Advisors
Crypto Exchanges
Trading Courses
Brokers
Forex Spreads
Forex Broker Quotes
Forex Broker Swaps
Forex Broker Volume
Forex Broker Promotions Broker News
Platform
Widgets
Features
API
RSS
Stock Portfolio
Affiliate Software
Advanced Charts
Support
FAQ
Help
Contact Us
Report a Bug!
About
Blog
© 2024 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.