Did USDCAD spiked down to 0.9820 sometime around 9:00AM EST? And then rebounding up within the same minute?
Seems that my broker is stophunting...
Seems that my broker is stophunting...
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DislikedDid USDCAD spiked down to 0.9820 sometime around 9:00AM EST? And then rebounding up within the same minute?
Seems that my broker is stophunting...Ignored
DislikedAt any rate, I am in @ 0.9850; yesterday's bullish candle plus today's "slightly bullish hammer" (if it closes above 0.9880) would be great for a bull run towards and possible above parity...Ignored
DislikedI was intraday long from .9860 but closed it just a while ago for 28 pips, because the rise didn't seem so steep as usual with CAD and because I am expecting AUD to rise again - and you know, the corellation is pretty tight between these two. Yet I will wait for a new decent entry long (somewhere around your entry) because I too am convinced about parity for this pair...Ignored
DislikedAt least you are +28 on that ride.. Right now, its back to almost BE for me...
very bearish candle today.Ignored
DislikedPatience, mate. I believe it will rise again. Under .9860 I will go long again.Ignored
DislikedDid USDCAD spiked down to 0.9820 sometime around 9:00AM EST? And then rebounding up within the same minute?
Seems that my broker is stophunting...Ignored
DislikedHi everybody,
since I'm new to this forum I have to admit I have only read through the last 10 posts or so, so I might not be fully up to date with the current discussions.
However, does anybody have an explanation what caused USD/CAD to rise for about 30-35 pips this evening (my time zone is CET (Germany))? The economic news were released already 6 hours ago and I sa only little movement, but then all of the sudden there was pretty much action.
Thanks,
HubinatorIgnored
DislikedAs for any of you looking to short, oil day is next Friday so we have alot of the oil patch sellers popping out to sell USds and I know from my own book I have alot of orders to sell from .9890 to 0.9920 so unless oil/commds/equities really come off next week, shorting in that zone is likely to be a relatively good risk/reward bet.
On the downside, 0.9830/20 right down to 0.9800 has a whack load of buyers (most of my buyers sitting down there) and if we do see a break of 0.9800, channel support at 0.9780 should hold, at least for the near-term....Ignored