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Re: CAD news
Posted: Fri Dec 27, 2019 11:11 pm
by mlawson71
USD/CAD is bearish and I think we may see it depreciate to 1.3065 soon.
Re: CAD news
Posted: Sat Dec 28, 2019 11:40 pm
by mlawson71
The pair reached 1.3065 but did not break out below that level, that may yet happen next week.
Re: CAD news
Posted: Tue Dec 31, 2019 12:05 am
by mlawson71
USD/CAD continues moving south, it may break out below 1.3050 after all.
Re: CAD news
Posted: Wed Jan 01, 2020 12:15 am
by mlawson71
USD/CAD is dropping like a rock, I think we will see it depreciate to 1.2950.
Re: CAD news
Posted: Thu Jan 02, 2020 12:49 am
by mlawson71
USD/CAD remains very bearish, I wouldn't be surprised if it drops below 1.3050.
Re: CAD news
Posted: Fri Jan 03, 2020 12:22 am
by mlawson71
USD/CAD is consolidating sideways around 1.3000 but I think once that ends it will continue depreciating.
Re: CAD news
Posted: Fri Jan 03, 2020 10:47 pm
by mlawson71
It found some support at 1.2965 and we may see a correction but the pair remains bearish for now.
Re: CAD news
Posted: Sat Jan 04, 2020 11:28 pm
by mlawson71
USD/CAD continued testing 1.2960 until the market closed yesterday, next week we may eventually see a breakout.
Re: CAD news
Posted: Mon Jan 06, 2020 11:55 pm
by mlawson71
USD/CAD remains very bearish and it is still testing the support at 1.2960, if it breaks out below that level the pair will likely continue depreciating toward 1.2900.
Re: CAD news
Posted: Tue Jan 07, 2020 11:21 pm
by mlawson71
It's struggling to break out below 1.2960 but it is still possible to happen by the end of the week, I think.