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USD/CAD

  • #10,381
  • Jul 26, 2016 10:00am Jul 26, 2016 10:00am
here it is this
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  • #10,382
  • Jul 26, 2016 10:21am Jul 26, 2016 10:21am
I think the pair will be stuck in the sideways consolidation that started yesterday between 1.3240 and 1.3190 until the Federal Funds rate announcement tomorrow.
  • #10,383
  • Jul 26, 2016 3:17pm Jul 26, 2016 3:17pm
USDCAD in UP trend I think...
Attached Image (click to enlarge)
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  • #10,384
  • Jul 26, 2016 3:33pm Jul 26, 2016 3:33pm
Quoting ServerUang
USDCAD in UP trend I think... {image}
Your chart does not support a bullish trend; the daily bear candle and the fact that the price is testing a weekly S/R zone and the daily pivot. Trade safe.

KP
Do your homework, follow the footprints of smart money
  • #10,385
  • Jul 27, 2016 9:52am Jul 27, 2016 9:52am
Attached Image (click to enlarge)
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will 41.82 halt the fall? or drop further toward 38. region?
  • #10,386
  • Jul 27, 2016 10:50am Jul 27, 2016 10:50am
Quoting mamalujo
{image} will 41.82 halt the fall? or drop further toward 38. region?
So far there is no signal for a reversal to the upside, even if it has stalled at 41.92, so USD/CAD will likely continue climbing.
  • #10,387
  • Jul 27, 2016 11:10am Jul 27, 2016 11:10am
target 1.34000. However I like to see minor correction before rally
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  • #10,388
  • Jul 27, 2016 11:57am Jul 27, 2016 11:57am
Predominantly northward disposition on the HTFs.

KP
Do your homework, follow the footprints of smart money
  • #10,389
  • Jul 27, 2016 10:54pm Jul 27, 2016 10:54pm
where will you gooo.........
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad-h4-robotrade-ltd-2.png Size: 35 KB
  • #10,390
  • Jul 28, 2016 4:25am Jul 28, 2016 4:25am
waiting for 1.3073
  • #10,391
  • Edited 5:15am Jul 28, 2016 4:58am | Edited 5:15am
USD/CAD formed a doji candlestick above the support at 1.3120 on the four-hour time frame and I opened a long position with target 1.3180.
  • #10,392
  • Jul 28, 2016 5:41am Jul 28, 2016 5:41am
Doji
tested support.


Wait for 4 hour to complete bullish engulfing to enter long.
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  • #10,393
  • Jul 28, 2016 1:31pm Jul 28, 2016 1:31pm
I'm pretty much in agreement with this. I'd like to see price get down around 1.3050 to enter long. 1.34 could be in the cards soon. Just my humble opinion.
  • #10,394
  • Jul 28, 2016 10:28pm Jul 28, 2016 10:28pm
my view on this is a long term uptrend. Keep an eye on the Fibo level. It tells stories.
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  • #10,395
  • Jul 29, 2016 12:33am Jul 29, 2016 12:33am
Quoting adezeno
my view on this is a long term uptrend. Keep an eye on the Fibo level. It tells stories. {image}
like your idea.
I do have a tp for 500+ pips, Im in since 1.30000
  • #10,396
  • Jul 29, 2016 8:14am Jul 29, 2016 8:14am
CAD data is not good
  • #10,397
  • Jul 29, 2016 9:52am Jul 29, 2016 9:52am
USD/CAD seems to be in freefall right now. The nearest target is 1.3020 and I think it will likely reach it especially if it breaks below 1.3050.
  • #10,398
  • Jul 29, 2016 10:02am Jul 29, 2016 10:02am
It's dollar weakness, even though there was bad CAD data. It is weird that CAD even rises again non dollar crosses but that's just what it is
TE started 6/4/19
  • #10,399
  • Jul 29, 2016 10:54am Jul 29, 2016 10:54am
Wow, $ got absolutely hammered today. With that said, my plan has been to start buying in this area in small increments and build if price continues higher. That whole idea is kaput, however, if 1.30 breaks.
  • #10,400
  • Jul 29, 2016 11:07am Jul 29, 2016 11:07am
Quoting Bushi-pips
Wow, $ got absolutely hammered today. With that said, my plan has been to start buying in this area in small increments and build if price continues higher. That whole idea is kaput, however, if 1.30 breaks.
You have to fight against two forces. Dollar strength/weakness and Oil strength/weakness.
TE started 6/4/19
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