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USD/CAD

  • #13,861
  • Oct 30, 2018 4:50pm Oct 30, 2018 4:50pm
Moving Sideways
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If you're gonna be a bear, be a grizzly
  • #13,862
  • Oct 31, 2018 5:43am Oct 31, 2018 5:43am
GDP numbers are out soon. USD/CAD moving up before the release, weak numbers expected? Perhaps we get a better GDP number, more room for USD/CAD to move down.

https://groundfinance.com/canada-gdp-release-preview/
  • #13,863
  • Oct 31, 2018 6:04am Oct 31, 2018 6:04am
waiting till friday for sell, hf gl everyone
  • #13,864
  • Oct 31, 2018 7:36am Oct 31, 2018 7:36am
Quoting simenkon
GDP numbers are out soon. USD/CAD moving up before the release, weak numbers expected? Perhaps we get a better GDP number, more room for USD/CAD to move down. https://groundfinance.com/canada-gdp-release-preview/
Good GDP number out, if we can't sink through the 100 and 200 hour MAs in a couple of hours then the 'market' is going to take this higher.

Downtrend line still surprisingly intact, expecting this to be taken out within the next 24h if the bears are sleeping in for this one.
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  • #13,865
  • Oct 31, 2018 7:38am Oct 31, 2018 7:38am
Quoting Arkv
{quote} Good GDP number out, if we can't sink through the 100 and 200 hour MAs in a couple of hours then the 'market' is going to take this higher.
any body can guide me how to setup MA on chart, and what are best value
  • #13,866
  • Oct 31, 2018 8:19am Oct 31, 2018 8:19am
Crude oil is making lower lows...if it breaks the support at 66.00 then we can see CAD going much higher.
  • #13,867
  • Oct 31, 2018 9:15am Oct 31, 2018 9:15am
The USDCAD is above immediate resistance. 1.3225 is a good short entry level if reached.
  • #13,868
  • Oct 31, 2018 12:35pm Oct 31, 2018 12:35pm
I'm starting to notice USD/CAD is breaking free of its sideways pattern and moving up:
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If you're gonna be a bear, be a grizzly
  • #13,869
  • Oct 31, 2018 5:28pm Oct 31, 2018 5:28pm
Starting to build shorts, USDX is high, this is strong zone, and CAD is from fundamental point of view looking good.
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-._.-
  • #13,870
  • Oct 31, 2018 7:07pm Oct 31, 2018 7:07pm
The USDCAD keeps rising steadely above the 1.3100 level and it may reach the 1.3200 level where it may find a resistance as it did in the past. To the downside, the 1.3100 level may act as support.
  • #13,871
  • Oct 31, 2018 7:43pm Oct 31, 2018 7:43pm
I'm bullish until it falls beneath my trend-line
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If you're gonna be a bear, be a grizzly
  • #13,872
  • Oct 31, 2018 9:37pm Oct 31, 2018 9:37pm
This will go to 1.40 in the next 2 months. EASY MONEY!!!!
  • #13,873
  • Nov 1, 2018 11:06pm Nov 1, 2018 11:06pm
There is exactly double bottom on h4 ( cannot say as bottom). If we calculate the height of it....around 90 pips....so if today's CAD data is -ve we can go to 1.3250.
Ofcourse i may be wrong
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  • #13,874
  • Nov 1, 2018 11:11pm Nov 1, 2018 11:11pm
The USDCAD drops below the 1.3100 level, but it could leave a false breakdown below that level to go back up to its bullish trend in the short-term. If it continues falling, the 1.3000 level may act as support.
  • #13,875
  • Nov 2, 2018 5:55am Nov 2, 2018 5:55am
What will will be the effect of unemployment Change on CAD news and NFP on USD in the next 2hours on this pair.
  • #13,876
  • Nov 5, 2018 10:30am Nov 5, 2018 10:30am
Shorting usdcad and placing stop above recent area of consolidation. Might have entered too soon, lets see
instagram: stepbystepforex
  • #13,877
  • Nov 5, 2018 10:57am Nov 5, 2018 10:57am
I would like to short audcad instead of ucad...around .9460 by keeping 40 pips stop loss as audcad has formed a bearish pinbar....
  • #13,878
  • Nov 5, 2018 12:15pm Nov 5, 2018 12:15pm
Quoting Forexnewbe14
I would like to short audcad instead of ucad...around .9460 by keeping 40 pips stop loss as audcad has formed a bearish pinbar....
Came within about 10 pips if SL now heading back down. If it heads further down I'm expecting a break below 1.305 support level
instagram: stepbystepforex
  • #13,879
  • Nov 5, 2018 7:27pm Nov 5, 2018 7:27pm
Quoting Forexnewbe14
I would like to short audcad instead of ucad...around .9460 by keeping 40 pips stop loss as audcad has formed a bearish pinbar....
My short got triggered. Let's see what happens.
  • #13,880
  • Nov 6, 2018 10:25am Nov 6, 2018 10:25am
Quoting Forexnewbe14
{quote} My short got triggered. Let's see what happens.
Still holding my short...will close it at BE.
Ucad and uj have became very unpredictable these days...
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