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USD/CAD

  • #6,061
  • Aug 6, 2014 5:47am Aug 6, 2014 5:47am
Quoting Greener
{quote} I will be closing my trade a little in advance at 1.099...instead of 1.1...not sure what Russia is up to & expect positive data from Canada...It's a nice feeling anyway
Good call on this Greener......
  • #6,062
  • Aug 6, 2014 6:07am Aug 6, 2014 6:07am
Quoting duderoo1
{quote} Good call on this Greener......
thanks...I will keep an eye on this waiting for some major retracement...upside still intact
  • #6,063
  • Aug 6, 2014 6:09am Aug 6, 2014 6:09am
Quoting Greener
{quote} thanks...I will keep an eye on this waiting for some major retracement...upside still intact
Good price to get in if it retraces?
  • #6,064
  • Aug 6, 2014 6:36am Aug 6, 2014 6:36am
Quoting duderoo1
{quote} Good price to get in if it retraces?
I would like to see the very top first...I was expecting 1.1030 top but PA just looked like reversing now...once top is confirmed I am able to say something...however a major retracement should at least touch 10855-10820 area with a risk for 1.075.....provided that chances are for 1.1 and 1.12 to be hit again...I will take any retracement as a good opportunity to long
  • #6,065
  • Aug 6, 2014 7:37am Aug 6, 2014 7:37am
major retracement is happening...since CAD number is positive
Keep calm and go GREEN...
  • #6,066
  • Aug 6, 2014 7:49am Aug 6, 2014 7:49am
Quoting nofirumi
major retracement is happening...since CAD number is positive
the results of a historically cheap currency are clear on the trade balance figure....employment data tomorrow should also reflect this positively.
  • #6,067
  • Aug 6, 2014 7:51am Aug 6, 2014 7:51am
After witnessing the highest Trade Surplus since March 2012, CAD strengthened heavily. USDCAD likely to re-test important resistance turned support zone of 1.0930 - 1.0935.
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADH4.png Size: 35 KB
  • #6,068
  • Aug 6, 2014 7:56am Aug 6, 2014 7:56am
Quoting Fx_Anil
After witnessing the highest Trade Surplus since March 2012, CAD strengthened heavily. USDCAD likely to re-test important resistance turned support zone of 1.0930 - 1.0935. {image}
ahm...yeah
Keep calm and go GREEN...
  • #6,069
  • Aug 6, 2014 9:45am Aug 6, 2014 9:45am
Quoting Greener
{quote} the results of a historically cheap currency are clear on the trade balance figure....employment data tomorrow should also reflect this positively.
Was also thinking similarly - additional jobs creation to support the excess in exports...
Enter Signature
  • #6,070
  • Aug 6, 2014 10:03am Aug 6, 2014 10:03am
Quoting Zircon
{quote} 1.1 is not a myth, but no need to stick on it. lock profit even near it, is good enough?/
i have 109853 high .
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #6,071
  • Aug 6, 2014 2:17pm Aug 6, 2014 2:17pm
USD/CAD at critical support and time to buy. USD/CAD will reach 1.1038 target.
  • #6,072
  • Aug 6, 2014 2:55pm Aug 6, 2014 2:55pm
I would not buy yet, it's falling like a rock right now, it has to calm down first before any intention for entering long. my 2 cents..
"The secret of politics? Make a good treaty with Russia." Otto von Bismarck
  • #6,073
  • Aug 6, 2014 4:06pm Aug 6, 2014 4:06pm
Expected range till friday, bias is short
  • #6,074
  • Aug 6, 2014 4:26pm Aug 6, 2014 4:26pm
US dollar weakening.......nzd, aus and cad all gaining on the dollar
  • #6,075
  • Aug 6, 2014 11:35pm Aug 6, 2014 11:35pm
Quoting nofirumi
{quote} ahm...yeah
If the pair breaks the 1.0900 support level, the 1.0845 can become next support.
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADH4.png Size: 36 KB
  • #6,076
  • Aug 6, 2014 11:40pm Aug 6, 2014 11:40pm
Quoting Fx_Anil
{quote} If the pair breaks the 1.0900 support level, the 1.0845 can become next support. {image}
ah... seems good for pulling back
Keep calm and go GREEN...
  • #6,077
  • Aug 7, 2014 1:25am Aug 7, 2014 1:25am
Will USD/CAD climb to 1.0945 .... ??
Similarity can change your life !
  • #6,078
  • Aug 7, 2014 2:23am Aug 7, 2014 2:23am
Quoting jackprobe
Will USD/CAD climb to 1.0945 .... ??
You just probing , I see you posted the same query on NU?
  • #6,079
  • Aug 7, 2014 2:45am Aug 7, 2014 2:45am
Quoting jackprobe
Will USD/CAD climb to 1.0945 .... ??
Some pips profit already ... still waiting for the next 13 pips .... i hope 22 pips target can be reached with this single order ....
Similarity can change your life !
  • #6,080
  • Edited 7:07am Aug 7, 2014 6:48am | Edited 7:07am
have been silent as I am out now. My bias is still bullish as uptrend is still intact and there is still some upside margin left from this move. However it would be nice to see some retracement to enter long again. Problem is USDCAD does not have a good record on generosity. 1.1 and 1.12 are still there to be conquered.
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