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Re: CAD news

Posted: Fri Oct 25, 2019 2:41 am
by mlawson71
USD/CAD found some support at 1.3050 but remains bearish for now. Whether it will break out below the aforementioned level before the market close tomorrow remains to be seen though.

Re: CAD news

Posted: Mon Oct 28, 2019 3:03 am
by mlawson71
The market was very bearish last week and there was no indication for a reversal so I expect that to continue tomorrow.

Re: CAD news

Posted: Tue Oct 29, 2019 3:28 am
by mlawson71
It's testing 1.3050 and I think we will see it continue depreciating soon.

Re: CAD news

Posted: Wed Oct 30, 2019 3:19 am
by mlawson71
It found some support at 1.3040, I think we may see a bit of a correction before it continues moving down.

Re: CAD news

Posted: Thu Oct 31, 2019 3:27 am
by mlawson71
USD/CAD rallied sharply today, by the looks of it the pair may breakout above 1.3180 and even 1.3200.

Re: CAD news

Posted: Fri Nov 01, 2019 3:11 am
by mlawson71
USD/CAD is consolidating after the rally yesterday, so far there is no indication of a further development.

Re: CAD news

Posted: Sat Nov 02, 2019 1:24 am
by mlawson71
Sideways consolidation continues and since the market will close soon it likely won't end before next week.

Re: CAD news

Posted: Mon Nov 04, 2019 1:35 am
by mlawson71
USD/CAD was quite bearish when the market closed on Friday, if that continues next week we may see it drop to 1.3100.

Re: CAD news

Posted: Tue Nov 05, 2019 4:46 am
by mlawson71
USD/CAD remains undecided but I think we will eventually begin falling again.

Re: CAD news

Posted: Wed Nov 06, 2019 4:09 am
by mlawson71
The move north continues after all, let's see whether it will rally above 1.3210.