USD/CAD

what a turd this thing doesnt even move...

neither is anything else for that matter...

dollar starts fighting back

if the low holds i look for long entry

Maybe supply issues @ 9815, time will tell

USD/CAD bounced at 0.98060/70, exited the channel, peaked at 0.98320, then re-entered the channel. Barring significant jobless and home sales data, I think it will retest 0.9800 before we see a strong directional indicator.

...

I went to get a tea and USD/CAD is retesting 0.98060 now, just in time for jobless claims.

If gold continues to gain today it will put downward pressure on this pair; though the jobless/homes data may trigger short spikes to the upside. If gold goes back to sleep I'll be watching oil and natural gas for direction.

anyone here thinks usd/cad gonna give a go at 0.99 as daily candle is promising so far.

0.9845 resistance holds...May be not this week but next week high probablity i think

That was a nice, clean 400 pip bounce today (almost a perfect 23.6% Fibonacci retracement from Monday's high to today's low), but USD/CAD closed the day session below the low of the old horizontal channel, and with oil, nat. gas, gold, stocks and even the Euro up, I think the odds are stacked against USD in general, and I don't think this pair will revisit 0.99 any time soon.

If it bounces off 0.9846 I see it heading back to today's low of 0.9805, then 0.9780 followed by 0.9725. If it passes through 0.98460 (and it's already been rejected there twice as I write this so I don't think that's likely) then 0.9871, the 38.2% Fibonacci, will almost certainly stop it and send it back down.

i am long here .982

Late seller gotta be getting little discouraged

The USD/CAD is very low now, it is dagerous to open position at this position, I will trade to BUY STOP at 1.0059 tp 1.0307

Prices are never too low to sell. Heres what my chart looks like this week with a short bias.

closed my long for now http://img.picshare.at/1335772251_sad.gif

seems my close was wrong http://img.picshare.at/1335772251_sad.gif

Wanted to ask why you did close your long??

As i saw the stuff, it was a divergence on the 4H and on the 1H analysing the volume there were no interest on selling.

After it is always easier when we got the hindsight but you did not have any indication to close it.

Just wanted your feedback.

Gil

really wrong.
I got in with 2 lots 0.9820 stoploss be targeting 1.0030

actually i had no rational reason, maybe thought dx will drop to 78.4

but this could be a major turn so i can enter at retracement later

Now looking for a short, around 98642

after the huge buying, a retracement usually.

i hope it goes thru 69..Adding longs 0.9875

if we go thru 69 we go to 0.9950-58