Usd/cad

[arigoldman]

Good move last week.

 

[dianajs]

USD/CAD bounced off 1.3820 and is currently testing 1.3890. I think it will reach 1.3900, possibly 1.3930 before the end of the holidays but it's doubtful the bullish trend will continue before the new year.

 

[Arashimuro]

I can see two scenarios here – the basic (1) and alternative (2).

 

[dianajs]

Or it will continue climbing towards 1.4650.

 

[fxstrategist]

Usdcad

The USDCAD goes back up close to the 1.4600 level, the bullish trend is still in place.

 

[mlawson71]

And it broke above 1.4600. Next target is 1.4700, but this rally can't last forever.

 

[Arashimuro]

Right now, I can’t see the entrance for opening a deal on the asset, so I’ll wait until the price reaches one of the levels, and then I’ll make a decision.

 

[fxstrategist]

Usdcad

Consolidation continues on the USDCAD, daily chart. Possible triangle formation. 21 day EMA acting as good resistance. Waiting for breakout.

 

[Robbe]

I thought the price would be more dynamic, but now it moves very inertly. I expected more.

 

[mlawson71]

That seems like a clearly defined double bottom to me. It's possible it will start climbing again.

 

[Arashimuro]

I think that USD/CAD asset will go up.

 

[fxstrategist]

Usdcad

The USDCAD could not stay below the 1.3300 level and we could see a pullback to the 200 day EMA around the 1.3400 level.

 

[mlawson71]

It's retracing at the moment, but the bearish trend is still valid, so once it reaches the resistance at 1.3370 it might bounce off of it.

 

[Robbe]

I can’t see a favorable opening for a deal right now. Therefore, I’ll wait to see which of the variants is the right one.

 

[piphoe]

This don't look too promising to me...you? unless you like catching falling kinves

 

[rosentray]

The USD/CAD is trading at major support. Below 1.31 we can expect a move to 1.29. However, bulls may try to take control of the pair and push price above 1.33.

 

[fxstrategist]

Usdcad

Pullback on the USDCAD to the 1.3300 level, from there the price may continue lower, the bearish trend is still in place.

 

[mlawson71]

USD/CAD will reach at least 1.3470, I think, before it continues falling.

 

[dianajs]

The pair finally reached 1.2944, which is a major level of support. If it breaks below that level it may fall all the way to 1.2600.

 

[arigoldman]

Looking to enter long soon!