Usd/cad

Dec 9, 2015
533
8
USD/CAD broke out above 1.3580 and it is still rallying. I think that it will eventually reach the next long-term target to the upside at 1.3800 or even 1.3900.
 
Dec 9, 2015
533
8
USD/CAD reached 1.3696 today, and although there's a pullback from that level for the moment I don't think this is the end of the rally.
 
Oct 2, 2014
626
10
USD/CAD reaches higher this week despite the depreciation of the US dollar. Uptrend seem intact!
 
Dec 9, 2015
533
8
After a pullback from 1.3791 on Friday USD/CAD is rallying again today. I think it will attempt another test of the high at 1.3791 soon.
 

fxstrategist

Established member
Apr 10, 2014
571
15
The USDCAD is currently stuck around the 1.3700 level, but the bullish trend is still in place on the daily chart. The pair may try visit again the 1.3800 zone.
 
Dec 9, 2015
533
8
There is a shooting star bar on the weekly time frame, but the pair is range-bound above 1.3645. I think the move to the upside may not be over yet.
 
Oct 2, 2014
626
10
The upward trend seems strong. Expecting it to continue in the next week.
 
Dec 9, 2015
533
8
I opened a short position and set my target 1.3550. Depending on whether it breaks out below that level I may keep the short position open.