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USD/CAD

  • #13,661
  • Sep 27, 2018 4:42pm Sep 27, 2018 4:42pm
price now 1.3066

I don't see it going above 1.3100

it will go down at least 150pips

just my opinion
  • #13,662
  • Sep 28, 2018 3:40am Sep 28, 2018 3:40am
Quoting msniper
price now 1.3066 I don't see it going above 1.3100 it will go down at least 150pips just my opinion
yeah looking that way mate. popped its head above a zone I was keeping an eye on before the @ss fell out of it... hanging like a biatche this morning so head is fecked... just looking for decent place to enter my short now.
  • #13,663
  • Sep 28, 2018 4:03am Sep 28, 2018 4:03am
clearly rejected the zone.... all ducks lining up. short :-)

Attached Image (click to enlarge)
Click to Enlarge Name: usscad 28.09 daily.jpg Size: 121 KB
  • #13,664
  • Sep 28, 2018 6:33am Sep 28, 2018 6:33am
USDCAD started the week on a positive note, yesterday things went South, let's see what the latest CAD data will bring in less than an hour.
  • #13,665
  • Sep 28, 2018 6:57am Sep 28, 2018 6:57am
I wonder how far this is going to drop. 1.2950, 1.2850?
  • #13,666
  • Sep 28, 2018 7:08am Sep 28, 2018 7:08am
1.28912
  • #13,667
  • Sep 28, 2018 7:37am Sep 28, 2018 7:37am
i think it will go back to 1.31. lets see
  • #13,668
  • Sep 28, 2018 8:44am Sep 28, 2018 8:44am
At the moment the weekly is showing heavy selling pressure after spiking just above last week's highs. The daily is showing a shooting star formation after spiking out of a supply zone. 4hr is showing lots of selling pressure. forming two zones 1st at 1.3054 and another at 1.3020. My hourly chart shows price plummeting 1.3009. I see no reason for it to spike up 25 pips. And that's just the technical side. On the other hand I can be totally wrong. or missed something. come on winner, winner chicken dinner!!!!
  • #13,669
  • Sep 28, 2018 8:54am Sep 28, 2018 8:54am
getting some legs here... hopefully will plough through this minor s/r zone.. and down to the main bottom of current range. (zone 1.20953 - 1.2883)...

Attached Image (click to enlarge)
Click to Enlarge Name: usdcad 28.09 30m.jpg Size: 122 KB
  • #13,670
  • Sep 28, 2018 9:00am Sep 28, 2018 9:00am
Quoting MrTrendy
getting some legs here... hopefully will plough through this minor s/r zone.. and down to the main bottom of current range. (zone 1.20953 - 1.2883)... {image}
I agree with you I believe it will blast through. Currently looking for an entry short for the long term, at least till Oct 24
  • #13,671
  • Sep 28, 2018 10:14am Sep 28, 2018 10:14am
I think we are going to consolidate here for a little while. Bulls might come in for the short term. then continue to the downside next week. Much to my surprise if it continues past 1.2910
  • #13,672
  • Sep 28, 2018 10:28am Sep 28, 2018 10:28am
Pair on its way to fill the numbers missed during last drop. May go briefly below 1.29 where buyers expected to come in around 1.2880 and below.

If i'm not wrong and there are no more numbers below, market is ready to move up after this for projected test of June's high.
  • #13,673
  • Sep 28, 2018 10:36am Sep 28, 2018 10:36am
Quoting 10cents
Pair on its way to fill the numbers missed during last drop. May go briefly below 1.29 where buyers expected to come in around 1.2880 and below. If i'm not wrong and there are no more numbers below, market is ready to move up after this for projected test of June's high.
hey mate, sorry to be a pain but could I possibly ask how you work out you're projections please? do you look at volume etc? I'm always on lookout to learn something new ;-)

Cheers!!
MT
  • #13,674
  • Sep 29, 2018 9:53am Sep 29, 2018 9:53am
the weekend market shows its at 1.2900 right now.. There is also no indication right now of the trend apart from it being Bearish..i wonder if next is 1.2860 ~ 1.2800
  • #13,675
  • Sep 30, 2018 8:27am Sep 30, 2018 8:27am
General trend seems bearish. For the week, expecting retracement back towards 1.3015 before the downward trend resumes.
  • #13,676
  • Sep 30, 2018 9:05am Sep 30, 2018 9:05am
1.2900 very interesting support area in history ...... worth to watch it
Attached Image (click to enlarge)
Click to Enlarge Name: uc.png Size: 30 KB
  • #13,677
  • Sep 30, 2018 9:09am Sep 30, 2018 9:09am
Huge berish presur on H4 timeframe im expecting breakout here but im still waiting
Attached Image (click to enlarge)
Click to Enlarge Name: uu.png Size: 24 KB
  • #13,678
  • Sep 30, 2018 10:50am Sep 30, 2018 10:50am
Quoting mizi123
Huge berish presur on H4 timeframe im expecting breakout here but im still waiting {image}
Thank you for sharing, That chart looks very clean, may I know what indi are you using?
  • #13,679
  • Sep 30, 2018 10:54am Sep 30, 2018 10:54am
Is these one down on attach, he point major round levels is interesting if you see in history price allways reacts on these levels
Attached File(s)
File Type: mq4 Udinefx RN clear levels.mq4   3 KB | 419 downloads
  • #13,680
  • Sep 30, 2018 11:00am Sep 30, 2018 11:00am
Quoting liquidice
{quote} Thank you for sharing, That chart looks very clean, may I know what indi are you using?
See how many time's in 2.5 half months price have reacted on these levels wthout any other type of tool use is magic
Attached Image (click to enlarge)
Click to Enlarge Name: 44.png Size: 43 KB
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