USDCAD

Miembro desde Oct 08, 2018   posts 10
Oct 08, 2018 at 13:36
USDCAD moving in a downward channel as soon as this temporary move up starts to fail I will be taking a short position
Miembro desde Oct 11, 2013   posts 775
Oct 09, 2018 at 02:17
The USDCAD finds a good resistance around the 1.3000 level, where we can find the 55 day EMA. In case of going back to the downside, the 1.2800 level could act as support. To the upside, the 1.3081 level could act as resistance.
Miembro desde Oct 02, 2014   posts 909
Oct 10, 2018 at 09:19
Immediate res is seen at 1.30, above it I think bulls will aim for 1.3130.
Positivity
Miembro desde Oct 02, 2014   posts 909
Oct 12, 2018 at 14:06
It's looking bullish. If next week we see 1.3120 I'm considering going short on the pair.
Positivity
Miembro desde Oct 02, 2014   posts 909
Oct 17, 2018 at 07:55
Seems to have consolidated around the 1.30 area. I don't think there will be anything major happening to this pair soon.
Positivity
Miembro desde Oct 04, 2018   posts 9
Oct 17, 2018 at 10:31
Very difficult to read this pair at the moment. I am moving from trending strategies to range trading strategies.
Miembro desde Oct 02, 2014   posts 909
Oct 19, 2018 at 12:51
The USD/CAD pair went to a high of 1.3116 on negative CAD data. Very close to my short entry at 1.3130. Let's see if it will get there.
Positivity
Miembro desde Oct 02, 2014   posts 909
Oct 26, 2018 at 10:33
USDCAD broke the resistance at 1.3120. I think bulls will try to bring the pair up to 1.3230 and form a double top there.
Positivity
Miembro desde Feb 17, 2017   posts 33
Oct 26, 2018 at 12:56
agreed Ari, but i'd be surprised to see it this week, today (friday), I believe this week will probably end with a high oscillating around 1.3175..

happy trading to all 😎
patience & discipline lead to wisdom ... & profits ! ;)
Miembro desde Nov 30, 2016   posts 9
Oct 31, 2018 at 11:54
Canada GDP soon to be released. Nice opportunity to make some pips.

https://groundfinance.com/canada-gdp-release-preview/
Miembro desde Oct 02, 2014   posts 909
Oct 31, 2018 at 14:15
The USDCAD is above immediate resistance. 1.3225 is a good short entry level if reached.
Positivity
Miembro desde Oct 31, 2018   posts 10
Oct 31, 2018 at 14:51
I'm Long USDCAD, thought about closing but based on my analysis there should be worse figures than expected so I am staying Long USDCAD
Miembro desde Oct 02, 2014   posts 909
Nov 07, 2018 at 16:03
Not much has happened lately to the pair. I'm neutral to positive on the pair.
Positivity
Miembro desde Oct 02, 2014   posts 909
Nov 13, 2018 at 17:52
Good selling point at 1.3260.
Positivity
Miembro desde Oct 11, 2013   posts 775
Nov 15, 2018 at 03:17
The USDCAD forms what it appears to be a pennant formation on the daily chart. From the current level at the 1.3234, the pair may head in any direction, but the bullish trend in the short term is still in place. To the upside, its next resistance could be the 1.3289 level. It nearest support is at the 1.3200 level, followed by the 1.3100 level.
Miembro desde Oct 02, 2014   posts 909
Nov 20, 2018 at 10:19
The pair is trying to correct, I'm still bearish, tho. I hope it reaches 1.30.
Positivity
Miembro desde Oct 02, 2014   posts 909
Nov 21, 2018 at 14:49
I got squished. I decided to blame the algos!
Positivity
Miembro desde Oct 02, 2014   posts 909
Nov 28, 2018 at 13:53
1.3390 seems to me like a good short entry.
Positivity
Miembro desde Feb 17, 2017   posts 33
Nov 28, 2018 at 13:58
totally agree with you Ari, hopefully price will be reached during a highly volatile market..

happy trading !
patience & discipline lead to wisdom ... & profits ! ;)
Miembro desde Oct 02, 2014   posts 909
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
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