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Re: CAD news

Posted: Wed Dec 18, 2019 12:10 am
by mlawson71
It found some support at 1.3150 but it remains bearish so I think it will break out below that support.

Re: CAD news

Posted: Wed Dec 18, 2019 11:38 pm
by mlawson71
The pair is stuck at 1.3150 - 1.3145, let's see whether we will see a breakout before the holidays after all.

Re: CAD news

Posted: Thu Dec 19, 2019 1:47 am
by vvFish
mlawson71 wrote: Wed Dec 18, 2019 11:38 pm The pair is stuck at 1.3150 - 1.3145, let's see whether we will see a breakout before the holidays after all.
;)

Re: CAD news

Posted: Thu Dec 19, 2019 11:56 pm
by mlawson71
It's quite bearish, indeed. But we are yet to see it break out below 1.3100.

Re: CAD news

Posted: Fri Dec 20, 2019 11:26 pm
by mlawson71
It bounced off from 1.3100 after all and it will likely rally back above 1.3150.

Re: CAD news

Posted: Sat Dec 21, 2019 12:34 am
by vvFish
mlawson71 wrote: Fri Dec 20, 2019 11:26 pm It bounced off from 1.3100 after all and it will likely rally back above 1.3150.
:D

Re: CAD news

Posted: Sat Dec 21, 2019 12:46 am
by Jimmy
vvFish wrote: Sat Dec 21, 2019 12:34 am

:D
Haha nice one Fishy! :clap:

Re: CAD news

Posted: Mon Dec 23, 2019 10:06 pm
by mlawson71
It's still consolidating around 1.3150, we may not see any changes until after the holidays.

Re: CAD news

Posted: Tue Dec 24, 2019 11:00 pm
by mlawson71
USD/CAD moved north to 1.3160 but I doubt it will rally much above 1.3180 for now.

Re: CAD news

Posted: Thu Dec 26, 2019 11:51 pm
by mlawson71
The market has lost all volatility, USD/CAD is no different. Trading is pretty much pointless today.