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USDCAD

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MonsterFX

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USDCAD in Technical_Screenshot-2019-10-14-22-58-55-21

USDCAD is still under selling pressure, the trend line has been broken by the downward movement, I am waiting for prices in the Fibonacchi retracement gold area to make sell orders, with a stop loss at 1.3351x and take profits at the support of 1.3151x.
#91 - October 14, 2019, 04:14:43 PM
« Last Edit: October 14, 2019, 09:37:40 PM by Admin »

Nono

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for the USDCAD pair on the 1 hour chart, we observe a breakdown of the significant minimum formed on September 10 at the level of 1.3133. On Monday, I assume the pair will return to the resistance zone 1.3145-1.3150, from which bears will likely continue their downward pressure and the price will continue to decline forming new lows. The entry point of resistance at 1.3145-1.3150 with a short stop can serve as a point to enter the sell. Look for a point to enter buy only after the breakdown and consolidation above the trend line
#92 - October 20, 2019, 08:06:02 PM
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Tarma

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Daily USDCAD support has been broken by a candle yesterday. 
For pending sell orders at 1.3150 the price is up, now we have to be patient for a faster market in the European session. 
Today's target is 1.3110 
With fibo 161.8
#93 - October 21, 2019, 12:54:20 AM
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Nemo

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Prices are above the daily pivot 1.3128.
A small MA is below a large MA, the price is between the two MAs.
Estimated price will be bullish, but there will be a retrace first with the initial target of Resistance 1.
Possible to break up to Resistance 2
#94 - October 21, 2019, 02:41:03 AM
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Sure

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#USDCAD 
USDCAD broke a strong support line and rolled back to it. 
I expect the price to reach a strong support level of 1.3. 
It is better to open shorts after the sell pattern.
#95 - October 24, 2019, 05:20:24 AM
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MonsterFX

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Moving down the USD CAD has the potential to go to support 1.3022x, the support will hold the USD CAD down further, the buying options at the support are pretty good with a small risk, the USDCAD rising target at 1.3120x.
#96 - October 25, 2019, 05:47:07 AM
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Nemo

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Technical analysis on USD CAD tonight tonight October 28:
the price is below sma200 [red line] and two sma blue and green, this indicates a very strong bearish trend. seen the price of rijek several times from high school in blue this indicates that the seller's strength is so strong.
if you see the trend line the price is still dominant weakening so placing an entry sell is the right choice.
set-up entry for today:
>> sell with a profit target of 1.3031
>> and stop loss at the price of 1.3111
#97 - October 28, 2019, 11:51:21 AM
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Nime

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The price opened up by the 1.3157 pivot that sent the uptrend. 

The MACD histogram is above the zero level. 
The Parabolic SAR indicator (step 0.02, max 0.2) shows the price is heading up. 

Trading recommendations: Buy. 
TP: At the resistance level. 
SL: One level below the entry point.
#98 - November 01, 2019, 04:25:03 AM
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Mocci

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4h chart shows the downward wave-channel. We can detect 2 attempts to break out above the top wave-line of the downward channel. 
Both attempts have no great success as price is still trading around the line. This behavior suggests, bears are controlling the zone around top-line. 
In this case, the movement toward the centerline becomes more real. 
So, the idea of decline has a priority.

Let's analyze clusters from the futures market. Note, 6C is the reversed version of USDCAD.
We have there:

1) Selling pressure wave (notice big red delta bars)

2) Erase of bearish progress on the previous down-wave 1.
If futures were really weak, it would resume downward movement (bullish move on USDCAD).

#99 - November 03, 2019, 09:31:41 AM
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Nike

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The price is below the daily pivot 1.3144.
A small MA is below a large MA, the price is between the two MAs.
Estimated price will be bearish, but retrace will occur first with the initial target of Support 1.
Possibility to penetrate up to Support
#100 - November 04, 2019, 01:36:53 AM
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Anta

From the start of a new trading session, the USD/CAD pair tested the daily level of resistance (1.3143) once again, however, it failed to break through this level. At present, the price is found at the level of 1.3137 which is around the hourly level of support (1.3136). Considering that the price of the pair successfully gain a foothold under this level, the downward movement will resume to the targets such as 1.3118 - 1.3109 - 1.3090 - 1.3072. On the contrary, given that the price of the pair did not succeed, we will move to test another level which is 1.3143. From which the outcome of the test of this level will become the basis for the further movement of the currency pair. 
#101 - November 04, 2019, 04:08:45 AM
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Sure

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#USDCAD 
USDCAD reached its target - the resistance line and resistance level of 1.318. 
The trend remains down and I predict the decline in prices to the level of 1,310 with the fortune factor yesterday causing usdcad to still go back down. 

But if the price breaks 1.322 then the trend has changed to bullish.
#102 - November 04, 2019, 07:36:22 AM
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Anta

the Canadian dollar is currently trading at 1.3130, possibly waiting for a move below 1.3110-1.3100, from which we can see a rebound back to 1.3140. Otherwise, if the pair manages to consolidate below 1.3110-1.3100, it is likely that further declines will follow with targets in the 1.3080 region. I will monitor how the pair behaves in the 1.3110 region and in the case of a hang up I try to buy
#103 - November 05, 2019, 01:17:42 PM
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Nike

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strengthening the USD is a matter of time, buying CAD in the long run is not a good idea. Like other currencies, at a turbulent stage in the political formation of the leading countries. There is still something to look forward to and the sales partner. Level 1.3173 will meet. The Bulls have gathered strength and 1.3155 has survived, but the next one is more serious, the attention of short-term traders fixated on it, this is the upper limit of the downward channel, although this in my schedule is H1 pitchfork control. The most significant level is 1.3206. Apart from the cape border, it is still close to 1.3200 and will act as a buffer. If a round is pierced, the second can be opened and formed PL. On it, the purchase will begin
#104 - November 06, 2019, 02:59:31 PM
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Admin

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There is a trend line on the weekly chart that has been broke and is being retested right now. Price is now at resistance from this same line. Also, price is near over head resistance from a separate line (not shown). I am expecting USDCAD to be bearish long-term.

Current price is 1.3230 and a likely target is 1.3050 (180+ Pips).
#105 - November 08, 2019, 02:21:20 PM
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