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USDCAD
May 25, 2017 at 12:50
Mitglied seit Feb 17, 2017
33 Posts
I agree with dianajs, clear break yesterday calls for more downward movement, but patience for the price to vome back to break point (previous support) around 1.3470 is key to successful trade imho
good luck to all
N
good luck to all
N
patience & discipline lead to wisdom ... & profits ! ;)
Mitglied seit Oct 02, 2014
909 Posts
May 28, 2017 at 07:54
Mitglied seit Feb 17, 2017
33 Posts
indeed, ranging market for USDCAD this past friday... the 1.3450 support appears hard to break.. , still on the corrective side.. trying to get back in the trend... if you look at other CAD pairs , for ex: EUR-CAD, nice trend on friday, reacting to the daily 20 SMA nicely..
good luck to us all
good luck to us all
patience & discipline lead to wisdom ... & profits ! ;)
May 30, 2017 at 08:59
(bearbeitet May 30, 2017 at 09:02)
Mitglied seit Dec 09, 2015
823 Posts
arigoldman posted:
Very difficult to trade that pair lately.
It's caught it in a tight range before the US Non-Farm payrolls on Friday. That should be the catalyst that prompts further development.
Mitglied seit May 09, 2017
33 Posts
Mitglied seit Oct 02, 2014
909 Posts
Jun 06, 2017 at 11:25
Mitglied seit Feb 17, 2017
33 Posts
USD CAD touched the bottom of its channel on H4 @ 1.3442.. I suspect a possible move up to 1.3505 and ultimately 1.3570
on the flip side, it could go back to 1.3426 amd 1.3390 but my bias is upward today.
good luck to everyone
on the flip side, it could go back to 1.3426 amd 1.3390 but my bias is upward today.
good luck to everyone
patience & discipline lead to wisdom ... & profits ! ;)
Mitglied seit Oct 02, 2014
909 Posts
Jun 14, 2017 at 11:15
Mitglied seit Feb 17, 2017
33 Posts
dianajs posted:
USD/CAD broke out below 1.3200 practically effortlessly. I think that the drop might continue all the way to 1.3100 or even 1.3000.
given the US fed rate decision today, it could very well be, but in the meantime, there should be a decent retracement to put the price in more 'neutral' territory before the news, I say around 1.3225-1.3250 zone...
good luck to all
patience & discipline lead to wisdom ... & profits ! ;)
Mitglied seit Oct 02, 2014
909 Posts
Mitglied seit Oct 11, 2013
775 Posts
Jun 15, 2017 at 08:09
Mitglied seit Dec 09, 2015
823 Posts
arigoldman posted:
USD/CAD continues its bearish trend. Expecting more to the downside today.
The pair rebounded from 1.3160 and it may retrace back to 1.3270 - 1.3280, but I too think that the trend remains bearish and this is not the end of the drop.
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