USDCAD

paidsignals
paidsignals
Apr 09, 2016 at 10:41
20,836 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.
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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.
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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.
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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.
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arigoldman
arigoldman
Member Since Oct 02, 2014   909 posts
Oct 07, 2016 at 08:05
Waiting to short somewhere around 1.33.
Positivity
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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.
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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.
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arigoldman
arigoldman
Member Since Oct 02, 2014   909 posts
Oct 16, 2016 at 14:17
Bearish on the pair.
Positivity
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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.
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stian
stian
Member Since Nov 14, 2015   325 posts
Oct 18, 2016 at 13:27
Seem to have recovered somewhat to above 1.3070.
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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.
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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.
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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.
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koliwater
koliwater
Member Since Jul 14, 2016   2 posts
Oct 21, 2016 at 13:13
hmmm my Canadian dollar.....
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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).
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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.
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dmaggio
dmaggio
Member Since Feb 07, 2016   23 posts
Oct 25, 2016 at 07:02
Anyone know why it's dropping so hard?
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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.
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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.
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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.
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