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USD/CAD

Dropping this here for keeps..
Let's ponder
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End-Time Investor
my long term target for USDCAD is 1st 1.37 area and then 1.44 area in few weeks hopefully
The USDCAD market is still disposed positively.

KP
Do your homework, follow the footprints of smart money
Its seems good, strong bullish trend, but struggle make new highs
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What i am seeing is a bearish move
The fragrance remains in the hands of those that gves the rose
Here's my technical perspective on the USDCAD.

On the daily time frame, a ‘W’ shape pattern was formed and thereafter price action rejected a Tom Demark-like trendline (magenta). We are likely to see price action take the USDCAD market further northward, respecting a recently formed ascending trendline (black). An outer ascending trendline (dark violet) traceable to September 2018 is still in play.

I am bullish USDCAD.

I may be wrong. Trade safe and prosper.

KP

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Quoting KeenPips
The USDCAD market is still disposed positively. KP
Do your homework, follow the footprints of smart money
New week new opportunities, and still developing old ones. Best hopes for everyone.

Quoting okosodo
What i am seeing is a bearish move
If you're talking about a bearish pull back to 33 or even 32, I can see that happening no problem. A bearish break out of the bullish Channel??? That I think would require some really bad US News combined with some very favorable CAD numbers. Just very unlikely imho.

I'm long with leftovers from last week and limit orders set to catch any pullback to 33

GodSpeed
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Yeoman the "Tough Luck" Trader =p
Quoting JayBag
Dropping this here for keeps.. Let's ponder {image} {image}
drawing an arrow to 2002 high on monthly is little overkill considering context
Different fundamentals dynamically different crude prices and millions of other variables.Your chart my apology is useless for forex trading even for long term investor
There is no failure except in no longer trying
Quoting Davit
{quote} drawing an arrow to 2002 high on monthly is little overkill considering context Different fundamentals dynamically different crude prices and millions of other variables.Your chart my apology is useless for forex trading even for long term investor
I like the fact that you polite about your response...
Like I said, It's for keeps, All charts are useless till PA tells otherwise..

Let's give it time, you'll tell different in time..
End-Time Investor
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I never seen CAD to USD were that low in history. Does anybody really remember any other time to let me know that it can be ? But it somewhat stable trend, are people making money wich worth time on small amounts of cash with this pair now ? Let me know your thoughts. I seen the pictures, I want some real life stories.
if the price reaches 33316 level wil sell and take 10 pips.
When you cant hold anymore,thats when they enter trades to your direction
Quoting Astrologer
if the price reaches 33316 level wil sell and take 10 pips.

if it moves down from where it is now and then come up to touch my area then wont sell.
When you cant hold anymore,thats when they enter trades to your direction
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I'm of the view that US/Ca should be bought if it touches any area below SMA-13 on H1
This should trend North IMO.

I got one long.. SL above BE
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Good Food + Exercise + Meditation = Good Life!
Quoting YellowFellow
I'm of the view that US/Ca should be bought if it touches any area below SMA-13 on H1 This should trend North IMO. I got one long.. SL above BE {image}
Given the price shoot of Au/US, I've changed my mind.. this thing US/Ca could be going down..
Good Food + Exercise + Meditation = Good Life!
Quoting YellowFellow
{quote} Given the price shoot of Au/US, I've changed my mind.. this thing US/Ca could be going down..
I believe it is a trap
The fragrance remains in the hands of those that gves the rose
Quoting okosodo
{quote} I believe it is a trap
This week has been rough for me by far.. right now got 1 short US/Ca
Good Food + Exercise + Meditation = Good Life!
Quoting YellowFellow
{quote} This week has been rough for me by far.. right now got 1 short US/Ca
But overall, you are doing well
The fragrance remains in the hands of those that gves the rose
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