CAD news

mlawson71

51 by mlawson71

USD/CAD remains bullish but it is yet to reach 1.3200 - 1.3210, it may still do so by the end of the week.

mlawson71

52 by mlawson71

USD/CAD broke out above 1.3210 and remains quite bullish, let's see whether it will reach 1.3250 soon.

mlawson71

53 by mlawson71

USD/CAD is consolidating for now, as it usually does on Mondays. The move north should eventually continue.

mlawson71

54 by mlawson71

USD/CAD remains undecided but I think we will see it break out above 1.3230 eventually.

mlawson71

55 by mlawson71

The pair did break out above 1.3240 but the move north is still stalling. Let's see whether it will reach 1.3300 by the end of the week.

mlawson71

56 by mlawson71

It's very slowly inching north but I suspect we won't see it break out above 1.3300 before the end of the trading week.

mlawson71

57 by mlawson71

It pulled back from 1.3275 after forming a shooting star candlestick at that level on the daily time-frame, it may now drop to 1.3200.

mlawson71

58 by mlawson71

USD/CAD has almost dropped to 1.3200 and it will likely break out below that level to drop to 1.3160.

mlawson71

59 by mlawson71

I expected a further move south but USD/CAD found a support at 1.3190 and is now back 1.3240. Next target is around 1.3270 again.

vvFish

60 by vvFish

"Only the price on the chart can show the entrance to the deal..."