Usd/cad

dianajs

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533 8
USD/CAD dropped to 1.3484 today. Depending on a breakout below 1.3480 I think it could continue dropping to 1.3400.
 

dianajs

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533 8
USD/CAD finally rebounded from 1.3385 today. I think it will retrace to 1.3460 - 1.3470, but I don't think this is the end of the downward trend.
 

dianajs

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533 8
The corrective movement to the upside reached all the way to 1.3500 before it ended. The pair started falling after a pair of bearish pin bars formed on the H4. I think it will test the last low at 1.3387.
 

dianajs

Established member
533 8
Very difficult to trade that pair lately.
It's caught it in a tight range before the US Non-Farm payrolls on Friday. That should be the catalyst that prompts further development.
 
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dianajs

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533 8
USD/CAD rebounded from 1.3435 and I think it will rally toward 1.3540, or even toward 1.3560. I don't think there would be much larger development before the NFP.
 

dianajs

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533 8
USD/CAD is very range-bound at the moment. I think another rally toward 1.3540 is possible in the short-term.
 

fxstrategist

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579 15
The USDCAD goes back up to the 1.3500 level and it is currently trying to break that level to the upside. In case of a bullish breakout, the pair may continue towards the 1.3600 level.
 

arigoldman

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626 10
Staying out of this pair at the moment. No clear direction.
 

dianajs

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533 8
The pair has finally broken out below the range and it's essentially in freefall. I think its closest target is at 1.3200 but this is only the beginning of the drop.
 
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dianajs

Established member
533 8
USD/CAD broke out below 1.3200 practically effortlessly. I think that the drop might continue all the way to 1.3100 or even 1.3000.