USD/JPY Trading Room 34 replies
GBP CAD room FOR Specialist 5 replies
EUR/USD Trading Room 328 replies
Do The Trading Room 20 replies
CAD export / USD/CAD price 3 replies
DislikedI think it will retrace to 0240 then up again to 0350 area, from there perhaps back down depending on nonfarm tomorrow? wait and see, I will be looking to sell if price gets to 0350 possibly.. till then just gonna wait it outIgnored
DislikedAccording to our Experts we are expecting drop down in the CAD. The breakout is pulling the pair towards it and we are expecting it will further push down the CAD to its next supporting level. Our opinion is to sell the pair from Full Story Here
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DislikedIs a big shark out there buying usdcad on its way down ?
Looks like someone is buying where no one can see him.
The trigger of the rise might be the last swing low which is a daily support
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DislikedI see it as a descending triangle that in the long term will end up breaking to the downside.
Here's the H4 viewIgnored
Dislikedi'm long atm, especially tomorrow Non-Farm Employment data, i see bull reverse trend.,i hope this time hit my TP 1.0680Ignored
DislikedI really don't see why you'd go long... at least this early.. I would place a long at about parity but not now. If you switch to the H4 chart you can see that momentum didn't seem to slow down yet and you're taking a long.
Might work... but I see it as a risky trade to do.Ignored