USD/CAD

The USDCAD keeps pulling back to the upside, for now the 1.2800 level remains as a good support.

USD/CAD formed a pair of hammer candlesticks on the 1-hour time frame above the support at 1.2870, I think next target will be around 1.2930 - 1.2950.

Technically USDCAD is southwards in disposition but in a sideways play (range) atm. Trade safe.

KP

Trend will try to test the resistance line at 1.29308 . or continue to move down to the point of 1.28779 . I would have waited for when the trend will come to one of the points and decided to buy or sell .

USD/CAD is testing 1.2950, I am waiting for the breakout to open new long positions. I think that if it does break out it will reach at least 1.3000.

It's going down after touching the 1.2958 mark. M pattern forming on the H4. I got this thing going south to 1.28860 before going back up to 1.3

USD/CAD is stuck in a relatively tight range. I don't think we will see much volatility and an end to the range before Janet Yellen's speech tomorrow.

USD/CAD climbed with about 180 pips after the FED Chair's speech last week and broke above 1.3000. I think next target is 1.3070, maybe even 1.3100.

IMO

IMO

I took my profit too quickly. Nice work bro. I love u style of trading. R you on facebook?

Sellers found @ 1.295. Cover after a short decline :

trade should be avoided, no evidence of sellers who take control of the trend , price rise too much, too late now if the price will drop.

I closed my short position at 1.2910 and I have decided not to open a new one before USD/CAD breaks below 1.2900.

Hello everyone. I had been looking for an opportunity to open a swing short on USD, to position myself for what I think will be another multiweek leg down. Last week seemed to present such an opportunity with well defined risk, so I placed sell stop orders just below the close of last week's bar. Price action filled my orders yesterday.

Let's see how this one plays out.

Price support level attacks. Tests and it is currently moving to the point of 1.28822.If the price does not break support the move to a point 1.29159

USD/CAD broke well below 1.2880 and is now testing 1.2850. I think the drop will continue at least until the pair reaches 1.2800 - 1.2780.

The Bank of Canada will be announcing its rate statement later today, I think the pair will continue consolidating above 1.2850 until that time.

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