There is red news on USDCAD after 4 hours...
Does it have anything to do with the current trend...? Or it's useless..?
Thanks to inform..
Does it have anything to do with the current trend...? Or it's useless..?
Thanks to inform..
Milking 4 pairs AUD/NZD, EUR/GBP,NZD/CAD & AUD/CAD for a living 38 replies
EUR/USD, AUD/USD, and CAD/USD ready to move up 2 replies
EUR/GBP, EUR/USD, GBP/USD, AUD/USD, CAD, NZD, JPY, and more... 14 replies
USD/JPY - USD/CAD any thoughts? 4 replies
CAD export / USD/CAD price 3 replies
DislikedThere is red news on USDCAD after 4 hours... Does it have anything to do with the current trend...? Or it's useless..? Thanks to inform..Ignored
Disliked{quote} Strong trend needs a strong PA on higher TF and there was none so far. This pattern has its invalidation point. Additionally when 5 is done there's usually one more push below it (happening). It's not that easy to call the bottom after 2000p dive. 1.2550 area is my decision zone. It's also against current situation - rally on commodities and dollar dump.Ignored
Disliked{quote} Strong trend needs a strong PA on higher TF and there was none so far. This pattern has its invalidation point. Additionally when 5 is done there's usually one more push below it (happening). It's not that easy to call the bottom after 2000p dive. 1.2550 area is my decision zone. It's also against current situation - rally on commodities and dollar dump.Ignored
Disliked{quote} Thank you! There is nothing substantiating that this is the bottom that this pair will hit.. A multi week drop doesn't just end by seeing a few bull candles on a 15M chart I'm still bearish on the pair until we see a week of sideways movement at leastIgnored
DislikedHello guys, I am not that good or a pro identifying patterns and shapes. Now what I see looks like a head and shoulder pattern. what do you guys think. I really appreciate your feedback on this. Thanks in advance {image}Ignored
DislikedOk, after reading the Monetary Policy Report from the BoC, they believe that a slow growing in the CPI was because a low level of Oil prices, but this is expected to reverse due important government stimulus, so CPI should come back growing slowly to the 2% during the rest of 2016...Ignored
Disliked{quote} Well the left shoulder and the Head is formed..waiting for the right shoulder..?? Maybe..Ignored