USD/CAD

There was already a strong attempt to bring it down before on H4 that was ignored and took out for the stops, and now along with this doji here going down as well as up, it's coming down. The doji is the perfect manipulation to bring it back down here

Sooo... he says everything in english. then in french, with an over dub in english?


wtf. lol

Did he just say downgrade.

we have loads of time to speak both languages...as it is big brother down under makes all the big calls anyway...

Haha I know, at least the translator could have been a guy's voice. Thrown off when its a girls voice over his voice. What are you guy's thinking Canada. jk.

He said neutral actually on the next moves of the BoC

anyone can share the valid result from the BoC press conference?

Looks like an extremely boring speech... No movement in UCAD

Neutral on inflation but more dovish on the economy. Which makes sense given the recent crappy numbers out of Canada while inflation has increased.

uhm...you think so? imma add another long later, revised my TP @1.08100. hopefully reached before friday

I also agree with CBoy, he was neutral on inflation but dovish on economy, I also added a long at 1.07743 and will keep it till 1.08143

this guy looks like jack bauers dad or something

it's still on correction, probably will land @1.07400. I will add long from here...

I really didn't traded UsdCad so much but I can't help not to notice a very very nice setup and I will post it in a few minutes to sustain my longterm long on this pair, I'm even thinking to add a bigger position to target 1.095 for the next 6-8 months

We expect landing 10730 Is this true

So I see see the following setup : 1: June 9th 2014 KijunSen and TenkanSen intersected pointing downside direction with confirmation and breach of the Kumo ( cloud ) that continued until 1st of July 2014 2: when we saw a bounce, followed again on July 3rd of a test of the previous low, followed again buy a bounce on the 8th with retest of the low on the 11th, 3: there was the last test of those lows with a bounce on the upside and a confirmation of the uptrend by the breach of the Kumo and the intersections of KijunSen and TenkanSen pointing to the upside this time.
On weekly the price rose from 1.062 which was the flattop of the Kumo ( cloud ) and KijunSen ( who is acting like a price magnet) is waiting the price to reach 1.092-094. With that said I'm gonna add more longs if the prices goes down at 1.06860 and 1.06280.

Cheers and green pips to all,
VladG

ouch that was a squeeze lol. Added at 1.0725. Putting SL at 1.0680.

Poloz was dovish still wasn't enough to push above 1.08
still 160 pop in 4 days was nice

inflation expectations are pretty low -0.1% core and 0.1% for headline CPI
so if it surprises into upside it will go back below 1.07 maybe even again to 1.0630 in the next several days

still expect 1.10 sometime later this year

A pinbar close above 1.7450 on the hourly is only going to prove the bullishness....

and that the past couple of hours were only there for stop loss hunting...

If we close above that...will be a sign that sub waves are moving in target and a 5th wave is about to start!

short term correction it should test that pinbar around 720 - 730 area again