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USD/CAD

Quoting digger1
{quote} Your sht call was fine , just got to make ya nervous for a bit , Like you Im looking for that pull back to 1.26 or so, Probably be there about Wednesday around 1 pm est lol. Safe trading all ,cheers
Yeah nervous short ... anyway looking at a target 2670 -2680 short term


But again i am not getting short but i will add to my short cadjpy at 95.44
hope for the best and expect the worst.
Quoting digger1
{quote} Your sht call was fine , just got to make ya nervous for a bit , Like you Im looking for that pull back to 1.26 or so, Probably be there about Wednesday around 1 pm est lol. Safe trading all ,cheers
And it reall y was a bad call since i thought the short was on the first peak to 2800. I didnot anticipate oil hitting lows and now there seems to be a floor. Who ever is trading this has a lot of $$ floors are hard to create at elevated price levels
hope for the best and expect the worst.
USDCAD is testing the near-term ascending trend-line, near 1.2755, breaking which the pair could test 1.2710 - 1.2700 zone. On the upside, 1.2790 and the 1.2815 are immediate resistances for the pair.
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Going long for my upper line again

sl 2740 tp 2830
Quoting alayinizAMK
Going long for my upper line again sl 2740 tp 2830
Looks like a lot of traders have the same idea
hope for the best and expect the worst.
The green lines are the orderly patterns humans brain would expect to see. But already at D strong sell could appear and go for areas outside this triangle nothing for sure though. A drop will make a very good chance for rebuy as i think the price will be pushed back to the triangle somehow. Now long i will sell close to D if it goes as expected.


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Quoting usdoutlaw
{quote} Looks like a lot of traders have the same idea
Yes many expect lows that made me think. I also but if not at point D then it could be delayed i guess.
Quoting alayinizAMK
{quote} Yes many expect lows that made me think. I also but if not at point D then it could be delayed i guess.
maybe you should try for the daily bollinger at 2860
hope for the best and expect the worst.
why not if this pair stops having so much fun and move there hope building permits helps on it.
Made a very stupid call on eur/nok recently but was still a bit lucky that oil dropped before this pair moved much. Think this is still up and maybe best parts ahead, eur is doing well but i still expect a huge reversal sooner or later.

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My Eye on USDCAD ahead of FOMC , a break above 1.29 may target 1.33/34 next few days
@Aymankkhlifat
Quoting alayinizAMK
why not if this pair stops having so much fun and move there hope building permits helps on it.
ahh this thing is going to go sideways until tomorrow and I missed the cadjpy short add off the 4H 20 EMA

oh well till tomorrow
hope for the best and expect the worst.
A Possible Double top and H&S reversal... needs to break the trend line and move below 1.2616.
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will this go home


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Quoting alayinizAMK
will this go home {image}
Erm, wrong pair friend?
new destination for USDCAD is 1.3000. who else agrees?
Hello, -3.1%. Worst wholesale number in like forever. No inflation, hello. Rate cut, hello. Cad bears ..... hello?
hope for the best and expect the worst.
Pathetic move. 20 pips even? Whats going to happen when crude inventories increas by 12 mil barrels .... another 15 pips net?
hope for the best and expect the worst.
weak reaction...everyone`s attention and focus is on FOMC
Feels like a short for 100 pips.
There's always money in the banana stand.
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