Trading Ideas
Time for USD $ REBORN £
Wed, 17 Jan 2018 21:30:11 -0600
USDCAD Daily time frame. 1. Price has been stop in the support. 2. Price has made a falling wedge. 3. Price already retest the support. So this what i'm thinking. I'm going LONG in this pair. Entry : Around 1.24500 Stop Loss : Around 1.23850 Take Profit : Around 1.27000 U'r very welcome to give a comment. DISCLAIMER ON.
Wed, 17 Jan 2018 20:54:44 -0600
increase interest rates
USDCAD: Shaping a tripple bottom
Wed, 17 Jan 2018 19:07:35 -0600
The price action held the parallel support finds at 1.2350, on a weekly basis the probability of shaping into a triple bottom is gradually increasing. In the near term, while holding 1.2350 on a daily closing basis, we again forecast a bullish reaction to the 1.2530 above this 1.2590 also possible. A trend reversal could have expected if close above 1.2600. In this scenario 1.2660,1.2770 and 1.2830 are an open target.
Not really seeing much on the USD/CAD right now - FLAT.
Wed, 17 Jan 2018 19:01:31 -0600
Kicking things off from the top this morning, weekly action continues to consolidate sub 1.2579: the 2018 yearly opening level. Further selling from this point could eventually see the unit tackle a weekly demand area coming in at 1.1919-1.2074. Moving down to the daily candles, we can see that the buyers and sellers remain confined between daily supply at 1.2554-1.2510 and a daily 61.8% Fib support level at 1.2390. In recent hours, H4 price crossed above the H4 mid-level resistance, following a couple of days of consolidation. Providing that the buyers remain in control, we could see 1.25 brought into play, alongside the lower edge of daily supply mentioned above at 1.2510. Market direction: In spite of weekly price suggesting further downside, the daily 61.8% Fib support mentioned above at 1.2390 will likely be tough nut to crack. Buying above 1.2450 could be good for an intraday break up to 1.25ish, but is not really a trade we’d place a whole lot of weight on. In the absence of clearer price action, remaining flat may be the best route to take today. Data points to consider: US housing data, Philly Fed manufacturing index and weekly unemployment claims at 1.30pm; Crude oil inventories at 4pm GMT. Areas worthy of attention: Supports: 1.24 handle; 1.2390; 1.1919-1.2074. Resistances: 1.2450 (potential); 1.25 handle; 1.2554-1.2510.
Wed, 17 Jan 2018 17:32:00 -0600
USDCAD 3 Reasons to Buy
Wed, 17 Jan 2018 16:50:38 -0600
Wed, 17 Jan 2018 15:14:49 -0600
usdcad buy
Tarea Analisis tecnico
Wed, 17 Jan 2018 12:03:17 -0600
Tarea Analisis tecnico
USDCAD technical analysis
Wed, 17 Jan 2018 11:58:41 -0600
BOC has raised the interest rate to 1.25%, previous 1%, with that being said, the most certain is that we're going to see a bullish movement by the Candian dollar now which will drive the pair USDCAD lower maybe to the 1.2100 region where there is a major support area. of course, it will not happen overnight, this target is set for the mid-long term purpose.
USDCAD Daily Analysis Update
Wed, 17 Jan 2018 11:33:33 -0600
USDCAD Daily Analysis Update
A guide for loonie traders!
Wed, 17 Jan 2018 10:47:38 -0600
Remember this is a weekly chart .
>>USDCAD<< >>January Week 3<< Short Setup
Wed, 17 Jan 2018 09:31:51 -0600
USDCAD just spiked back up from Weekly Key Level at 1.245, we possibly gonna see a drop back to my Level, bearish price action was very strong in the last couple of weeks. Broke short-term uptrend to the downside, our stops are at previous highs, our tp Level is at our actual low. This will be a quick one, so trade with care and watch out for fundamental news. Entry: 1.2505 Sl: 1.2600 Tp: 1.2385 Have a good one, I'm always happy about feedback :)
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