Usd/cad
The dollar against the Canadian Dollar tended to make some projections towards the upside in terms of a bullish move until the key resistance level at 1.0700; this move might be considered the real projection since the pair passed the strong level towards the upside.
The trading range for today will be between the key resistance at 1.0770 and the key support at 1.0590.
The general trend is down as far as 1.0940 remains intact, targets will be at 1.0300 and 1.0200.
The dollar against the Canadian Dollar tended to make some projections towards the upside in terms of a bullish move until the key resistance level at 1.0700; this move might be considered the real projection since the pair passed the strong level towards the upside.
The trading range for today will be between the key resistance at 1.0770 and the key support at 1.0590.
The general trend is down as far as 1.0940 remains intact, targets will be at 1.0300 and 1.0200.
The dollar against the Canadian Dollar managed a downside move last Friday with high levels of volume forcing the pair to move towards the downside until the major support level at 1.0540s. Today we expect the currency to continue towards the downside as the technical indicators show.
The trading range for today will be between the key resistance at 1.0700 and the key support at 1.0450.
the dollar dollar against the Canadian Dollar seems to be anOriginally Posted by ALiR
uptrend supported by 1H chart 4H chart
usdcad h4 & HEAD SHOULDER
today...PM:20:20
sell ... USD/jpy 111.50...
take profit at...110.60...
Hi here
USD/CAD is on short right now you can make some cool pips trading short on this pair of currency.
Happy pip_ing
i am the one who is still net short cad. in my opinion this pair is probably going to be headed to 0.95 area pretty soon.
i hope we print another top today and that can be a triple top, then the market probably know what the heck to do.
world banks injecting cash = more fiat money = more expensive oil = more strong cad.
so why the hell cad is not going getting strong? very simple.
is in process of a correction, is in the momentum but momentum is fading.
yet we are hitting a likely top. if you short at these levels still there is big chance to escape.
also notice retail investors are still net short. COT.
http://******/ *mod note: Please see forum rules before promoting your site here. *
(ambitious project with some big fx dogs behind, coming soon).
chat, forums, live trading, conferences and a lot of valuable information is coming early next year. keep tuned.
USD/CAD jan 10
1.0101. A corrective/consolidation activity between 1.0039 and 1.0186 is likely for a while.
sm_scatter sm_scatter
USD/CAD jan 14
Uptrend is still intact in a triangle configuration. It should continue to rally to 1.0221 or 1.0315 if support around 1.0162 hold. After which a pullback to 1.0162 - 1.0133 zone is possible.
sm_scatter sm_scatter
Usd/cad
It is a triangle configuration. Market should break either side. Acceleration should occur above 1.0119 or under 1.0023 limits.
sm_scatter sm_scatter
0.9984. Market should pop up towards 1.0054 or 1.0125 this bullish scenario would be damaged if 0.9939 - 0.9937 zone is broken, a severe break down could then occur.
sm_scatter sm_scatter
Current fall is near an end of wave around 0.9840 - 0.9921 zone, a rally should then procede to above 0.9967 or 0.9998. Fall below 0.9807 would cancel this scenario.
sm_scatter sm_scatter
Current upmove should continue up to 1.0102 or 1.0175. Any correction should find support in 1.0014 - 0.9978 zone.
Strength can extend to 1.0082 or even higher than 1.0106 as declines are expected to find support at 1.0034 or 1.0010. A fall below 0.9961 could turn it bearish.
There are currently 1 users browsing this thread. (0 members and 1 guests)
Posting Permissions
Bookmarks