USDCAD
Členom od Nov 14, 2015
325 príspevkov
Jan 05, 2017 at 17:06
(upravené Jan 05, 2017 at 17:08)
The pair have already dropped from just below 1.36, and that is just in one week. But there are some rather important macro data for both Canada and the US tomorrow that can send it either way.
Členom od Oct 02, 2014
909 príspevkov
Jan 07, 2017 at 14:59
Bullish on the Greenback.
Positivity
Členom od Sep 16, 2016
17 príspevkov
Jan 08, 2017 at 07:27
I think USD/CAD will go to the 1.34385. The price has stoped on the support level.
Surrealism!
Členom od Sep 16, 2016
17 príspevkov
Jan 08, 2017 at 07:29
Prílohy:
Surrealism!
Členom od Nov 29, 2016
6 príspevkov
Jan 09, 2017 at 07:55
The Canadian dollar pulled off an impressive performance on Wednesday trading after it made huge advances against the US dollar and its European rivals as OPEC’s production cut lifted commodity-linked currencies.
The Organization of Petroleum exporting Countries and other non-OPEC members including Russia began cutting their oil production last January 1, 2017 which immediately resulted to a surge on oil prices and oil-related currencies including the Canadian dollar.
On Wednesday, the international benchmark, Brent futures, settled up 1.8%, adding $1.02 dollars at %56.49 per barrel while the West Texas Intermediate added 93 cents at $53.26 per barrel.
The Canadian dollar cheered on this oil rally, helping the Lonnie shrugged off the recent US economic figures that showed an expansion on its manufacturing activity last month, and finished up 0.70 cents, 0.9% higher against its US counterpart at 75.14 cents.
For full articles, read : https://www.funds-money.com/canadian-dollar-post-strong-gains-usd/
The Organization of Petroleum exporting Countries and other non-OPEC members including Russia began cutting their oil production last January 1, 2017 which immediately resulted to a surge on oil prices and oil-related currencies including the Canadian dollar.
On Wednesday, the international benchmark, Brent futures, settled up 1.8%, adding $1.02 dollars at %56.49 per barrel while the West Texas Intermediate added 93 cents at $53.26 per barrel.
The Canadian dollar cheered on this oil rally, helping the Lonnie shrugged off the recent US economic figures that showed an expansion on its manufacturing activity last month, and finished up 0.70 cents, 0.9% higher against its US counterpart at 75.14 cents.
For full articles, read : https://www.funds-money.com/canadian-dollar-post-strong-gains-usd/
Členom od Nov 14, 2015
325 príspevkov
Jan 09, 2017 at 16:05
Oil appear to have started its down turn. Should impact the CAD as well.
Členom od Dec 09, 2015
823 príspevkov
Jan 09, 2017 at 17:01
USD/CAD is consolidating above the support zone between 1.3175 - 1.3200. I think if it breaks out below that zone it will reach 1.3120 - 1.3100.
Členom od Dec 09, 2015
823 príspevkov
Jan 12, 2017 at 12:07
USD/CAD finally broke below 1.3170 and it's still falling. I think the closest target is at 1.2960.
Členom od Oct 02, 2014
909 príspevkov
Jan 13, 2017 at 16:20
Consolidation continues.
Positivity
Členom od Dec 09, 2015
823 príspevkov
Jan 17, 2017 at 13:00
I intend to open a long position, the pair has formed a double bottom at 1.3020 and an inverted hammer bar and a doji bar on the 1H time frame.
Členom od Mar 25, 2015
74 príspevkov
Jan 17, 2017 at 15:40
I would watch for a short term support at 1.3000 and major resistance at 1.3190. The double bottom seems to be a good sign for reversal into a bullish sentiment. The pair is getting outside the oversold area.
Členom od Dec 09, 2015
823 príspevkov
Jan 18, 2017 at 16:50
USD/CAD is rallying and broke above the resistance at 1.3120. I think next target is 1.3190 - 1.3200, where is the previous high.
Členom od Nov 14, 2015
325 príspevkov
Jan 18, 2017 at 17:07
(upravené Jan 18, 2017 at 17:11)
Eyes level above 1.33 this time? Fed statement and Yellen coming up.
Členom od Oct 11, 2013
775 príspevkov
Jan 19, 2017 at 03:11
As oil retraces back down, the USDCAD goes back up. The pair may try to reach the 1.3300 level, which could act as resistance.
Členom od Dec 09, 2015
823 príspevkov
Jan 19, 2017 at 12:12
I think that if it breaks out above 1.3280 - 1.3300 it will continue climbing toward 1.3340.
Členom od Oct 11, 2013
775 príspevkov
Jan 19, 2017 at 20:35
The USDCAD had a good bullish momentum that took the pair above the 1.3300 level, but if the pair drops below the 1.3300 level, then it may visit the 1.3233 zone.
Členom od Dec 09, 2015
823 príspevkov
Jan 20, 2017 at 16:57
The pair rebounded from 1.3387 to retrace back to 1.3330 - 1.3340. I think it will continue moving to the upside, however, for another test of the resistance at 1.3400.
Členom od Oct 11, 2013
775 príspevkov
Jan 20, 2017 at 20:56
The USDCAD has been very volatily for today with the daily candle showing long shadows in both directions, but there is no clear direction until it breaks the 1.3400 to the upside or the 1.3300 to the downside.
Členom od Oct 02, 2014
909 príspevkov
Jan 21, 2017 at 10:10
The Canadian Dollar registered a big move to the downside with a renewed optimism in the US currency.
Positivity
Členom od Dec 09, 2015
823 príspevkov
Jan 23, 2017 at 17:52
USD/CAD is moving to the downside again after forming a clear spinning top bar on the daily time frame. I think next target is 1.3240.
