Usd/cad

This is a discussion on Usd/cad within the Forex forums, part of the Markets category; The pair found some serious resistance at 1.40. It's unlikely it will break above that level before 2016....

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Old Dec 23, 2015, 9:50am   #17
Joined Dec 2015
The pair found some serious resistance at 1.40. It's unlikely it will break above that level before 2016.
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Old Dec 24, 2015, 1:30am   #18
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Nice pullback on the USDCAD, helped by the rally on oil. Still, the 1.3800 could act as support and the trend is still bullish.
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Old Dec 24, 2015, 10:45am   #19
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Right now the support is at 1.3840. A breakout below that level would mean that it will fall to 1.3800, possibly even 1.3750.
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Old Dec 26, 2015, 12:22am   #20
 
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The price went not as I expected, but nothing bad happened because the stop order had been triggered. This transaction didn’t harm me much. I think that USD/CAD asset will go down.
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Old Dec 26, 2015, 5:10pm   #21
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Good move last week.
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Old Dec 28, 2015, 1:08pm   #22
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USD/CAD bounced off 1.3820 and is currently testing 1.3890. I think it will reach 1.3900, possibly 1.3930 before the end of the holidays but it's doubtful the bullish trend will continue before the new year.
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Old Jan 17, 2016, 5:36pm   #23
 
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I can see two scenarios here – the basic (1) and alternative (2).
usdcad.jpg
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Old Jan 18, 2016, 3:20pm   #24
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Or it will continue climbing towards 1.4650.
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