I love USDCAD
Shit Happens
EUR/GBP, EUR/USD, GBP/USD, AUD/USD, CAD, NZD, JPY, and more... 15 replies
Milking 4 pairs AUD/NZD, EUR/GBP,NZD/CAD & AUD/CAD for a living 38 replies
EUR/USD, AUD/USD, and CAD/USD ready to move up 2 replies
USD/JPY - USD/CAD any thoughts? 4 replies
CAD export / USD/CAD price 3 replies
DislikedWhat's going on with USDCAD? I am completely lost. This relentless push, well into US session, despite oil not making new high, smells dodgy to me? is this the final push?Ignored
Disliked{quote} Decent resistance just above 1.44, I think it is next.Why should higher UC mean higher oil? It is the opposite.Ignored
Disliked{quote} Sorry, I meant "UC made new high, despite oil didn't make new low" Level I watch now. 1.4404, then 1.4549, maybe 1.5091 as well, this pair is crazy now.Ignored
DislikedTechnical analysis of USD/CAD for January 14, 2016 {image} Support/Resistance: 1.4355 - WR1 1.4314 - Intraday Resistance 1.4271 - Wave 5 Target Projection 1.4214 - Intraday Support 1.4187 - Technical Support 1.4098 - Weekly Pivot 1.4010 - WS1 Trading recommendations: Daytraders should consider opening sell orders from the current market levels with SL just above the level of 1.4314 and TP at the level of 1.4055.Ignored
DislikedMajority retail short may have something to do with it as well.Squeeze time. Banks are in concert. All these Black swan like movements roughly triggered by Dec holiday job gain....Jan 2016 may paint different picture with US rain floods, oil cuts etc.Next month we'll see Jan numbers....by then all the squeeze will be over with catastrophic effects on oil and related fields. {image}Ignored