USD/CAD | Page 802 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

USD/CAD

Similar Threads

EUR/GBP, EUR/USD, GBP/USD, AUD/USD, CAD, NZD, JPY, and more... 15 replies

Milking 4 pairs AUD/NZD, EUR/GBP,NZD/CAD & AUD/CAD for a living 38 replies

EUR/USD, AUD/USD, and CAD/USD ready to move up 2 replies

USD/JPY - USD/CAD any thoughts? 4 replies

CAD export / USD/CAD price 3 replies

Attachments: USD/CAD
Exit Attachments

USD/CAD

  • #16,021
  • May 12, 2021 3:58am May 12, 2021 3:58am
Quoting alivepool
{quote} It hit past previous 2 day high but immediately retreated towards prev 2 day low. So if it breaks below that , can we confidently say it will be mostly going lower for rest of the week?
define your "if it breaks below that". what do you need to see in the chart? do not really care what fed or banks say.
ITB - Seeing Orderliness amongst 'Randomness'
  • #16,022
  • May 12, 2021 4:06am May 12, 2021 4:06am
Lets see CPI , USDCAD been rollercoaster past few days
  • #16,023
  • May 12, 2021 4:10am May 12, 2021 4:10am
Quoting alivepool
{quote} Credit suisse today said UC will breach below 1.2 in the coming weeks. Whatever they said, can consider take a contrarian view.
India covid situation is worsening. The mkt is ignoring that and focus on good oil demand outlook, assuming india will be alright.
  • #16,024
  • May 12, 2021 4:13am May 12, 2021 4:13am
Quoting Inthebox
{quote} define your "if it breaks below that". what do you need to see in the chart? do not really care what fed or banks say.
I define it as today daily candle closes below the low of prev 2 days
  • #16,025
  • May 12, 2021 4:19am May 12, 2021 4:19am
Quoting alivepool
{quote} I define it as today daily candle closes below the low of prev 2 days
for me, it's 2 convincing candles below after testing the break. and not the doji or pin bar type that goes back up but closes below the break.
ITB - Seeing Orderliness amongst 'Randomness'
  • #16,026
  • May 12, 2021 7:40am May 12, 2021 7:40am
Quoting Inthebox
{quote} for me, it's 2 convincing candles below after testing the break. and not the doji or pin bar type that goes back up but closes below the break.
Even cpi favours usd, uc cant go up..why is cad fking strong
  • #16,027
  • May 12, 2021 7:46am May 12, 2021 7:46am
it was a gamble on range.
Attached Image
ITB - Seeing Orderliness amongst 'Randomness'
  • #16,028
  • May 12, 2021 7:57am May 12, 2021 7:57am
Quoting alivepool
{quote} Even cpi favours usd, uc cant go up..why is cad fking strong
backing of gold and oil?
usd up against other currencies except cad.
Attached Image (click to enlarge)
Click to Enlarge Name: f36a0c420cefc0ec6e39ab7dc858dcb3.png Size: 26 KB
Attached Image
ITB - Seeing Orderliness amongst 'Randomness'
  • #16,029
  • May 12, 2021 7:58am May 12, 2021 7:58am
Quoting Inthebox
it was a gamble on range. {image}
Dun quite understand. U mean there are orders up there so it went up to swallow those orders?
  • #16,030
  • May 12, 2021 8:04am May 12, 2021 8:04am
Quoting alivepool
{quote} Dun quite understand. U mean there are orders up there so it went up to swallow those orders?
yes if you are into order block taking advantage of news. so they sold at good price.
ITB - Seeing Orderliness amongst 'Randomness'
  • #16,031
  • May 12, 2021 8:08am May 12, 2021 8:08am
Quoting Inthebox
{quote} backing of gold and oil? usd up against other currencies except cad. {image} {image}
Now usd falling across all pairs. Really got bewildered by this. Cpi high n yet usd is free falling. Can someone pls rationalize this
  • #16,032
  • May 12, 2021 8:29am May 12, 2021 8:29am
watch price reaction between today open and previous day low.
ITB - Seeing Orderliness amongst 'Randomness'
  • #16,033
  • May 12, 2021 8:34am May 12, 2021 8:34am
USDCAD got triple bottom on MN Chart, keep on buying UsdCAD
  • #16,034
  • May 12, 2021 8:38am May 12, 2021 8:38am
Quoting YumiYummy
USDCAD got triple bottom on MN Chart, keep on buying UsdCAD
time to close longer term sell.
Attached Image (click to enlarge)
Click to Enlarge Name: 9e4b4df1fd6f1f174ae7b0af99acff35.png Size: 15 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #16,035
  • May 12, 2021 8:41am May 12, 2021 8:41am
Quoting Inthebox
{quote} time to close longer term sell. {image}
Yesterday, i wait for green candle on Daily Chart. So today i bought alot and got big profit. After the CPI news, surprising UsdCad fall down and i started to buy again and set long from 1.2060. Cheer!!!
  • #16,036
  • May 12, 2021 8:54am May 12, 2021 8:54am
USD will be strong after CPI high. But problem is OIL news will come up in few minutes will affect CAD significantly
  • #16,037
  • May 12, 2021 8:55am May 12, 2021 8:55am
Quoting YumiYummy
{quote} Yesterday, i wait for green candle on Daily Chart. So today i bought alot and got big profit. After the CPI news, surprising UsdCad fall down and i started to buy again and set long from 1.2060. Cheer!!!
after today close, will be in a better position to analyze.
it can be a pin bar or engulf.
ITB - Seeing Orderliness amongst 'Randomness'
  • #16,038
  • May 12, 2021 9:08am May 12, 2021 9:08am
Quoting YumiYummy
{quote} Yesterday, i wait for green candle on Daily Chart. So today i bought alot and got big profit. After the CPI news, surprising UsdCad fall down and i started to buy again and set long from 1.2060. Cheer!!!
You are likely to get steamrolled if you bought USD at 1.206
  • #16,039
  • May 12, 2021 9:22am May 12, 2021 9:22am
BUY USDCAD
  • #16,040
  • May 12, 2021 9:29am May 12, 2021 9:29am
CaDJPY and USDCAD are in extreme level price.
Looks like it's unstoppable. Not understand where MM will take these pairs. Feeling tomorrow is reversal likely.
10 traders viewing now