USD/CAD

Quoting Rtm

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You are best off trying to short anything CAD ie- Long USDCAD the strength at which OPEC is pumping is never been so high and say they wont stop yet. Until there is some sort of signal they going to slow down pumping, you will bet oil is going lower. this article about sums it up pretty much how it is http://www.profitconfidential.com/oi...out-to-hit-20/ long AUDCAD and NZDCAD has paid off nicely also. Those pairs ADR has expanded...

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Quoting act333

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{quote} Where do you reckon AUDCAD will retrace for a breather?

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Quoting Darkforce

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Moving below the TL finally, the upward momentum is fading, need new money to push it up {image}

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Quoting HareshBM

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{quote} This might just be a near-term profit-taking move after rising relentlessly to 1.4000 mark and from near-term overbought conditions... Only a drop back below 1.3820-1.3800 mark could extend the corrective move back towards 1.3650 level...

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Quoting ahjukartul

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Is retrace to 1,3850 possible now ?

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Quoting torkay77

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new scenario, including bad nfp {image}

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Quoting Darkforce

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{quote} Entirely possible, but TL break is sign of retracement begin, and if so remember fib targets. See Dano's chart

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Quoting HareshBM

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{quote} Would rather wait for a break below 1.3800 mark, to confirm the onset of near-term corrective move...

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Quoting Darkforce

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{quote} No, I am a scalper so direction is only a bias

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