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USD/CAD

Moving Sideways
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If you're gonna be a bear, be a grizzly
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/
waiting till friday for sell, hf gl everyone
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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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
Muhammad Kashif
Crude oil is making lower lows...if it breaks the support at 66.00 then we can see CAD going much higher.
The USDCAD is above immediate resistance. 1.3225 is a good short entry level if reached.
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
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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-._.-
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.
I'm bullish until it falls beneath my trend-line
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If you're gonna be a bear, be a grizzly
This will go to 1.40 in the next 2 months. EASY MONEY!!!!
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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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.
What will will be the effect of unemployment Change on CAD news and NFP on USD in the next 2hours on this pair.
Shorting usdcad and placing stop above recent area of consolidation. Might have entered too soon, lets see
instagram: stepbystepforex
I would like to short audcad instead of ucad...around .9460 by keeping 40 pips stop loss as audcad has formed a bearish pinbar....
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
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.
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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