The pair is currently at 1.3250 and remains bullish, next target is likely at 1.3300.
Our Supporting Monitors
Advertisements
Friendly Forums
Our Partner Monitors
Traffic stats
199 replies to this topic
#62
mlawson71
-
- Member
-
- 703 Posts:
Advanced Member
Posted 18 September 2019 - 02:35 PM
USD/CAD has formed a spectacular shooting star candlestick at 1.3300 on the daily time-frame but whether there will be a move south depends on the fundamentals later today.
#63
mlawson71
-
- Member
-
- 703 Posts:
Advanced Member
Posted 19 September 2019 - 02:55 PM
The pair remains undecided despite the fundamentals, there may be a new move south toward 1.3200.
#64
mlawson71
-
- Member
-
- 703 Posts:
Advanced Member
Posted 20 September 2019 - 02:31 PM
The move north continues after all, and we may see it break out above 1.3300.
#65
mlawson71
-
- Member
-
- 703 Posts:
Advanced Member
Posted 22 September 2019 - 02:41 PM
The market opens later today, let's see whether the pair will continue moving north.
#66
mlawson71
-
- Member
-
- 703 Posts:
Advanced Member
Posted 23 September 2019 - 04:08 PM
Consolidation still continues, but the fundamentals this week will hopefully end it.
#67
mlawson71
-
- Member
-
- 703 Posts:
Advanced Member
Posted 24 September 2019 - 02:43 PM
USD/CAD formed a shooting star candlestick at the resistance at 1.3300 on the daily time-frame, so there will likely be a new move to the downside towards 1.3200.
#68
mlawson71
-
- Member
-
- 703 Posts:
Advanced Member
Posted 27 September 2019 - 02:49 PM
USD/CAD is consolidating again and likely that won't end before next week.
#69
mlawson71
-
- Member
-
- 703 Posts:
Advanced Member
Posted 29 September 2019 - 03:22 PM
USD/CAD has been consolidating sideways all week and given the pinbars around 1.3300 on the daily time-frame we may see a new move south after all.
#70
mlawson71
-
- Member
-
- 703 Posts:
Advanced Member
Posted 30 September 2019 - 04:28 PM
USD/CAD remains undecided, at best we can expect a rally to 1.3260.
#71
mlawson71
-
- Member
-
- 703 Posts:
Advanced Member
Posted 01 October 2019 - 04:31 PM
It's testing the support at 1.3230 again, a breakout below that level may lead to a depreciation to 1.3200.
#72
mlawson71
-
- Member
-
- 703 Posts:
Advanced Member
Posted 02 October 2019 - 04:42 PM
It's back above 1.3300, the pair is clearly very unstable at the moment, I recommend caution when trading it.
#73
mlawson71
-
- Member
-
- 703 Posts:
Advanced Member
Posted 03 October 2019 - 04:42 PM
It's testing the resistance at 1.3225, a breakout above it will lead to a rally to 1.3250, I think.
#74
mlawson71
-
- Member
-
- 703 Posts:
Advanced Member
Posted 04 October 2019 - 04:24 PM
The pair remains undecided around 1.3330, but next week it will likely continue rallying.
#75
mlawson71
-
- Member
-
- 703 Posts:
Advanced Member
Posted 07 October 2019 - 05:06 PM
USD/CAD is undecided, which is typical for this time of the week, but the move south should continue.
#76
mlawson71
-
- Member
-
- 703 Posts:
Advanced Member
Posted 09 October 2019 - 04:21 PM
USD/CAD remains undecided. Let's see whether the sideways consolidation will last until the end of the week.
#77
mlawson71
-
- Member
-
- 703 Posts:
Advanced Member
Posted 10 October 2019 - 04:48 PM
USD/CAD pulled back from 1.3340 after forming a hanging man candlestick at that level on the daily time-frame. Next target is likely at 1.3200.
#78
mlawson71
-
- Member
-
- 703 Posts:
Advanced Member
Posted 12 October 2019 - 04:17 PM
USD/CAD closed at 1.3200 but I think we will see it continue dropping next week.
#79
mlawson71
-
- Member
-
- 703 Posts:
Advanced Member
Posted 13 October 2019 - 03:56 PM
With the market opening in a few hours the pair will likely continue moving to the downside.
#80
mlawson71
-
- Member
-
- 703 Posts:
Advanced Member
Posted 14 October 2019 - 01:54 PM
It found support at 1.3190 and it looks like the pair will begin a sideways consolidation between that support and 1.3340.
