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-   -   USD/CAD (https://www.forexfactory.com/showthread.php?t=229183)

Kribstreet Jul 26, 2016 11:00am | Post# 10381

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here it is this
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dianajs Jul 26, 2016 11:21am | Post# 10382

I think the pair will be stuck in the sideways consolidation that started yesterday between 1.3240 and 1.3190 until the Federal Funds rate announcement tomorrow.

ServerUang Jul 26, 2016 4:17pm | Post# 10383

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USDCAD in UP trend I think...
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KeenPips Jul 26, 2016 4:33pm | Post# 10384

USDCAD in UP trend I think... {image}
Your chart does not support a bullish trend; the daily bear candle and the fact that the price is testing a weekly S/R zone and the daily pivot. Trade safe.

KP

mamalujo Jul 27, 2016 10:52am | Post# 10385

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will 41.82 halt the fall? or drop further toward 38. region?

dianajs Jul 27, 2016 11:50am | Post# 10386

{image} will 41.82 halt the fall? or drop further toward 38. region?
So far there is no signal for a reversal to the upside, even if it has stalled at 41.92, so USD/CAD will likely continue climbing.

adezeno Jul 27, 2016 12:10pm | Post# 10387

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target 1.34000. However I like to see minor correction before rally
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KeenPips Jul 27, 2016 12:57pm | Post# 10388

Predominantly northward disposition on the HTFs.

KP

jnfer Jul 27, 2016 11:54pm | Post# 10389

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where will you gooo.........
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Ziko9o8 Jul 28, 2016 5:25am | Post# 10390

waiting for 1.3073

dianajs Jul 28, 2016 5:58am | Post# 10391

USD/CAD formed a doji candlestick above the support at 1.3120 on the four-hour time frame and I opened a long position with target 1.3180.

adezeno Jul 28, 2016 6:41am | Post# 10392

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Doji
tested support.


Wait for 4 hour to complete bullish engulfing to enter long.
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noFXguru Jul 28, 2016 2:31pm | Post# 10393

I'm pretty much in agreement with this. I'd like to see price get down around 1.3050 to enter long. 1.34 could be in the cards soon. Just my humble opinion.

adezeno Jul 28, 2016 11:28pm | Post# 10394

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my view on this is a long term uptrend. Keep an eye on the Fibo level. It tells stories.
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gnajra Jul 29, 2016 1:33am | Post# 10395

my view on this is a long term uptrend. Keep an eye on the Fibo level. It tells stories. {image}
like your idea.
I do have a tp for 500+ pips, Im in since 1.30000

tiborf71 Jul 29, 2016 9:14am | Post# 10396

CAD data is not good

dianajs Jul 29, 2016 10:52am | Post# 10397

USD/CAD seems to be in freefall right now. The nearest target is 1.3020 and I think it will likely reach it especially if it breaks below 1.3050.

Marz30 Jul 29, 2016 11:02am | Post# 10398

It's dollar weakness, even though there was bad CAD data. It is weird that CAD even rises again non dollar crosses but that's just what it is

Bushi-pips Jul 29, 2016 11:54am | Post# 10399

Wow, $ got absolutely hammered today. With that said, my plan has been to start buying in this area in small increments and build if price continues higher. That whole idea is kaput, however, if 1.30 breaks.

Marz30 Jul 29, 2016 12:07pm | Post# 10400

Wow, $ got absolutely hammered today. With that said, my plan has been to start buying in this area in small increments and build if price continues higher. That whole idea is kaput, however, if 1.30 breaks.
You have to fight against two forces. Dollar strength/weakness and Oil strength/weakness.


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