USDCAD Anybody Know what the'yre Doing?

Adam Narczewski 1.3200 1.3300 1.3500 Bullish Bullish Bullish
Anil Panchal 1.3430 1.3570 1.3800 Bullish Bullish Bullish
BMO Capital Markets Team - - 1.2970 - - Sideways
CIBC World Markets Team - - 1.3000 - - Sideways
Claudiu Cazacu 1.3200 1.3300 1.3100 Bullish Bullish Sideways
Danske Research Team - - 1.2900 - - Bearish
Haresh Menghani 1.3255 1.3340 1.3510 Bullish Bullish Bullish
ING Global Economics Team - - 1.2400 - - Bearish
J.P. Morgan Global FX Strategy - - 1.3200 - - Sideways
Jameel Ahmad 1.3100 1.3000 1.3200 Sideways Sideways Sideways
NAB Global Markets Research - - 1.2800 - - Bearish
Richard Perry 1.3160 1.3400 1.3600 Bullish Bullish Bullish
Scotiabank FX Strategy Team - - 1.3500 - - Bullish
TD Securities Research Team - - 1.3300 - - Bullish
Valeria Bednarik 1.3290 1.3460 1.3400 Bullish Bullish Bullish
Westpac Institutional Bank Team - 1.3300 - - Bullish -
Yohay Elam 1.3200 1.3300 1.3400 Bullish Bullish Bullish
Average 1.3229 1.3330 1.3224 Bullish Bullish Sideways


* RBC capital markets: long USD/CAD at 1.3.49, stay neutral AUD/USD
Source FxWire Pro - jul 31, 2015 09:57:11

* Morgan stanley: long USD/CAD, entry 1.2539, target 1.3400, stop raised to 1.2820
Source FxWire Pro - aug 04, 2015 07:35:37


* Danske Bank: long usdcad, entry 1.3062, stop loss 1.2972, target 1.3337
Source FxWire Pro - aug 05, 2015 10:06:13

  

* JP morgan: stay long USD/CAD, USD/TWD, USD/RUB, EUR/CZK and TRY/ZAR
Source FxWire Pro - aug 06, 2015 07:35:37

* Societe Generale: we remain bullish of the Dollar, and like longs in USD/CAD
Source FxWire Pro - aug 10, 2015 11:44:45

......and me Long USDCAD Since Last Monday Target Same as Morgan Stanley +/- a pip!

LOVE TO KNOW WHO'S SELLING!!!!

Sure this is a rigged market!

Parabollocks more like Diabollocks - just like every other indicator on here. Total Shambles!

Daily FX Price & Time USD Continues To Frustrate - Does it Ever!

• USD/CADhas pulled back from the decade highs recorded last week
• Our near-term trend bias is positive in funds while above 1.2980
• A move through 1.3225 is needed to set up a new leg higher in the exchange rate
• A minor turn window is seen tomorrow
• A daily below the 2nd square root relationship of last week’s at 1.2980 would turn us negative on USD/CAD


USD/CAD Strategy: Like the long side while over 1.2980

........must be going up then!!! Buying!!!

Sell !! trend change😐

Never! I'll Toss A Coin! Heads it goes up, Tails it goes down!

My Tip: Go Long USDCAD!

Tossing a Coin Again! Gambling Again! Just a Giant Casino!

Bankers Wanted! No Experience Required!

Last Monday I went Long USDCAD @ approx. 1.30000 expecting it to hit at least the 61.8 fibo level which is 1.34570 on the monthly chart. It opened up above the 350 degree angle on the weekly chart which was support. All the technical indicators were positive, all the analysts were pointing out the weakness of CAD and to stay Long USD. Since then it has retraced to 1.29428 which is support on the 4 hour chart next support is 1.28554 on the daily chart. This morning I expected it to go lower and hit that support as just like when I went Long last Monday that was the closest level.

The 161.8 extension level on the last monthly candle is 1.34895! Why retrace when it was so close to taking out that level. Not only that why retrace below the 100% Level of 1.30673 which was last made 1 March 2009? Doesn't make sense!!!!

When I went long USDCAD Everything was in my favour - fundamentals, technical, and Expert opinion!!!! Price of Oil was still going down, rumour of interest rates in US going up, Canadian economy on the brink. I took everything into consideration. What sealed it for me was that the price opened up above the 350 degree line on the weekly/Monthly chart.

The pas 2 weeks have made a mockery of the market!!! One thing to consider though is this how many of those FXperts were really long and how many of them were trying to mislead small traders like me and you.

If bankers and the like don't want small traders making money they shouldn't haven't opened up the market to the likes of us in the first place. People's livelihoods are on the line and if you're like me you'll be taking it very seriously and trying to learn as much as possible.

Daily FX Headline the other day 11.8.2015 US Dollar Soars as China Devalues Yuan, Looks Ahead to Fed-Speak.

BBC News 12.8.2015 For the second day in a row, China has cut the value of its currency, the yuan. USDCAD had gone up why fall to new lows!!!!

Pathetic!!!

I'm going to hold my hand up and say I'm wrong!!! I'm just a sore loser!!!!

As far as I can see USDCAD is in a state of correction... so what's the fuss all about?

I just like moaning!!!

https://www.mql5.com/en/charts/3808368/usdcad-h4-etx-capital

stuck at a big resistance (2008) but about to break it...more upward in the forecast,if not will consolidate before going down again,forex is very simple to get

if it breaks it that would be a heck of a news

@rob559 I always get correction and consolidation mixed up :-D being a stock investor too doesn't help with terminology correctness. :-/

I Quote: '

* Societe Generale: falling Oil prices add to reasons to stay bearish of CAD'

Source FxWire Pro - aug 13, 2015 06:46:38

What has the Oil Price been doing for the past two weeks?

The dollar edged higher than the Canadian dollar on Thursday following encouraging U.S data which had fueled the possibility of a potential September Federal Reserve rate hike as well as worries over the devaluation of the Chinese currency calming down. USD/CAD had touched 1.3064 for early U.S trade on Thursday making it the session high. The pair following that located consolidation at 1.3051.