Forex News USD/CAD

[4rexia]

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.

Interesting Analysis here.LOVE THIS THREAD.

 

[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.

 

[mlawson71]

It rallied above 1.3300 and reached to 1.3320 and then pulled back from it. We may be in for a correction finally.

 

[mlawson71]

USD/CAD remains undecided for now and it will likely remain so until the market closes today.

 

[spirit]

usd/cad is ranging between 1.3150 an 1.33320 . the next move is probably going down to 1.3150

 

[mlawson71]

USD/CAD is consolidating around 1.3300 but it appears it may continue rallying after all.

 

[raikofer]

It's not clear. In 1h range may raise up, but in long term 4h it's possible to go down

 

[mlawson71]

USD/CAD remains very undecided, I hope that by the end of the week the fundamentals will end that.

 

[mlawson71]

It's testing the support at 1.3270, let's see whether it will continue dropping towards 1.3200.

 

[mlawson71]

It's testing 1.33 once again but like EUR/USD I think this consolidation may take a while to end.

 

[mlawson71]

1.3300 is still holding, the pair may depreciate back toward 1.3275 - 1.3270 but I doubt there will be a bigger movement.

 

[mlawson71]

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

 

[mlawson71]

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

 

[mlawson71]

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

 

[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]

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

 

[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]

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

 

[mlawson71]

It found some support at 1.3150 but it remains bearish so I think it will break out below that support.

 

[mlawson71]

The pair is stuck at 1.3150 - 1.3145, let's see whether we will see a breakout before the holidays after all.