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Usd/cad

USD/CAD

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120 replies to this topic

#101 mlawson71

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Posted 12 November 2019 - 06:06 PM

USD/CAD remains undecided but I think we will see it break out above 1.3230 eventually.


#102 mlawson71

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Posted 13 November 2019 - 05:51 PM

The pair did break out above 1.3240 but the move north is still stalling. Let's see whether it will reach 1.3300 by the end of the week.


#103 mlawson71

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Posted 14 November 2019 - 04:45 PM

It's very slowly inching north but I suspect we won't see it break out above 1.3300 before the end of the trading week.


#104 mlawson71

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Posted 15 November 2019 - 05:57 PM

It pulled back from 1.3275 after forming a shooting star candlestick at that level on the daily time-frame, it may now drop to 1.3200.


#105 mlawson71

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Posted 18 November 2019 - 05:37 PM

USD/CAD has almost dropped to 1.3200 and it will likely break out below that level to drop to 1.3160.


#106 mlawson71

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Posted 19 November 2019 - 06:35 PM

I expected a further move south but USD/CAD found a support at 1.3190 and is now back 1.3240. Next target is around 1.3270 again.


#107 mlawson71

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Posted 21 November 2019 - 05:39 PM

It rallied above 1.3300 and reached to 1.3320 and then pulled back from it. We may be in for a correction finally.


#108 mlawson71

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Posted 22 November 2019 - 06:52 PM

USD/CAD remains undecided for now and it will likely remain so until the market closes today.


#109 mlawson71

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Posted 25 November 2019 - 02:02 PM

USD/CAD is consolidating around 1.3300 but it appears it may continue rallying after all.


#110 mlawson71

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Posted 26 November 2019 - 05:58 PM

USD/CAD remains very undecided, I hope that by the end of the week the fundamentals will end that.


#111 mlawson71

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Posted 28 November 2019 - 02:14 PM

It bounced off from 1.3260, so the sideways consolidation clearly continues for now.


#112 mlawson71

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Posted 29 November 2019 - 02:29 PM

It's testing the resistance at 1.3300 again but so far the sideways consolidation has not ended and I doubt it will do so today.


#113 mlawson71

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Posted 02 December 2019 - 12:49 PM

It's testing 1.33 once again but like EUR/USD I think this consolidation may take a while to end.


#114 mlawson71

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Posted 03 December 2019 - 09:07 AM

1.3300 is still holding, the pair may depreciate back toward 1.3275 - 1.3270 but I doubt there will be a bigger movement.


#115 mlawson71

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Posted 05 December 2019 - 10:17 AM

USD/CAD dropped to 1.3180 and is still quite bearish, we may see it depreciate further to 1.3150.


#116 mlawson71

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Posted 06 December 2019 - 10:44 AM

It remains undecided around 1.3175 and I doubt it will drop below 1.3100 by the time the market closes today.


#117 mlawson71

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Posted 07 December 2019 - 10:21 AM

It rebounded from 1.3170 and rallied toward 1.3260, next week it will likely continue rising toward 1.3300.


#118 mlawson71

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Posted 08 December 2019 - 11:04 AM

I am preparing for a further rally once the market opened today, let's see whether it will reach 1.3300.


#119 mlawson71

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Posted 09 December 2019 - 11:44 AM

USD/CAD is relatively bullish so it may continue rising to 1.3300 but I doubt it will break out above that level soon.


#120 mlawson71

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Posted 10 December 2019 - 11:07 AM

The pair testing 1.3235 and it is bearish for now, so we may see it drop back down to 1.3200.





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