The pair is currently at 1.3250 and remains bullish, next target is likely at 1.3300.
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208 replies to this topic
#62
mlawson71
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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
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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
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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
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Posted 22 September 2019 - 02:41 PM
The market opens later today, let's see whether the pair will continue moving north.
#66
mlawson71
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Posted 23 September 2019 - 04:08 PM
Consolidation still continues, but the fundamentals this week will hopefully end it.
#67
mlawson71
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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
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Posted 27 September 2019 - 02:49 PM
USD/CAD is consolidating again and likely that won't end before next week.
#69
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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
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Posted 30 September 2019 - 04:28 PM
USD/CAD remains undecided, at best we can expect a rally to 1.3260.
#71
mlawson71
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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
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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
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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
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Posted 04 October 2019 - 04:24 PM
The pair remains undecided around 1.3330, but next week it will likely continue rallying.
#75
mlawson71
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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
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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
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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
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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
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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
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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.
