Usd/cad

[dianajs]

The pair did rebound from 1.3387 to retrace back to 1.3330 - 1.3340. I think it will continue moving to the upside, however, for another test of the resistance at 1.3400.

 

[arigoldman]

The Canadian Dollar registered a big move to the downside with a renewed optimism in the US currency.

 

[dianajs]

USD/CAD is moving to the downside again after forming a clear spinning top bar on the daily time frame. I think next target is 1.3240.

 

[dianajs]

The pair broke below 1.3240 and then below 1.3200 after rebounding from the latter level briefly. I think it's falling toward 1.3040 - 1.3020 again.

 

[dianajs]

USD/CAD is testing the support at 1.3100 and I think that it will break below it soon. I have a short position for the moment.

 

[dianajs]

The pair rebounded from 1.3050 and is retracing to the upside. I think next target is at 1.3190.

 

[arigoldman]

The pair has been very difficult to trade lately.

 

[dianajs]

I shorted after the pair couldn't break above 1.3170. I think next target is 1.3050 again.

 

[dianajs]

The pair rebounded from 1.2968 once it reached that level. For now it's retracing back toward 1.3065.

 

[dianajs]

USD/CAD continues being very bearish. I think that if it breaks out below 1.2968 next target will be at 1.2900.

 

[arigoldman]

Tough to get on the waves of the pair lately.

 

[dianajs]

USD/CAD rebounded from 1.3000 after forming a pair of doji bars on the daily time frame above that supprt. I think the closest target is at 1.3170.

 

[J2theFizzle]

Yep thats exactly at my target too. Been waiting for this move for a while

 

[fxstrategist]

Usdcad

Nice rally on the USDCAD after failing to break below the 1.3000 level. Now it has broken above the 1.3100 level and could head towards the 1.3200 level.

 

[dianajs]

The pair reached 1.3170 and even briefly broke above it. I think the move to the upside will continue and next target is at 1.3240.

 

[dianajs]

USD/CAD couldn't quite reach 1.3240 before it began a short-term correction. I think once that ends the move to the upside will continue.

 

[dianajs]

The last weekly bar is an inverted hammer and it's right above the support at 1.3000. I think this might be the end of the move to the downside.

 

[arigoldman]

USD/CAD tried to make a bullish move on Friday but somehow failed short and now price is 1.3092. Improved momentum can drive the pair during the next week.

 

[dianajs]

The pair is bullish and I think it will soon reach 1.3170. Also, if it breaks out above that level the next target should be around 1.3200 - 1.3210.

 

[dianajs]

USD/CAD did break out above 1.3170. I think that if it breaks out above 1.3200 too it will reach 1.3280.