CAD news

mlawson71

71 by mlawson71

USD/CAD dropped to 1.3180 and is still quite bearish, we may see it depreciate further to 1.3150.

mlawson71

72 by mlawson71

It remains undecided around 1.3175 and I doubt it will drop below 1.3100 by the time the market closes today.

mlawson71

73 by mlawson71

It rebounded from 1.3170 and rallied toward 1.3260, next week it will likely continue rising toward 1.3300.

mlawson71

74 by mlawson71

I am preparing for a further rally once the market opened today, let's see whether it will reach 1.3300.

mlawson71

75 by mlawson71

USD/CAD is relatively bullish so it may continue rising to 1.3300 but I doubt it will break out above that level soon.

mlawson71

76 by mlawson71

The pair testing 1.3235 and it is bearish for now, so we may see it drop back down to 1.3200.

mlawson71

77 by mlawson71

It's back to testing 1.3170, let's see whether it will break out below that level. If it does it may continue falling toward 1.3100.

mlawson71

78 by mlawson71

USD/CAD is slowly moving south and it may break out below 1.3160 soon.

mlawson71

79 by mlawson71

USD/CAD failed to break out below 1.3160 this week but remains bearish, let's see how it will develop on Monday.

mlawson71

80 by mlawson71

USD/CAD is very bearish and is almost back to 1.3100. I think we'll see it drop below that level soon too.