The USDCAD analysis

[Maxi89]

Right now, I can’t see the entrance for opening a deal on the asset, so I’ll wait until the price reaches one of the levels, and then I’ll make a decision.

 

[Maxi89]

I think that the asset will go for breaking the bottom line after reflecting from the bottom line.

 

[RaviSarao]

currently, USD/CAD is trading at 1.3503 with the negative bias. But we might see a reversal in the trend on upside for medium term where the target of 1.3586 would be breached easily if the sentiments remains in favour of US dollar. Technically, the short term trend would remain bearish for USD/CAD.

 

[lenon]

I think that USD/CAD asset will go up.

 

[Xavefif]

I think that AUD/USD asset will go up.

 

[Maxi89]

I’m having a little loss right now, but I think I’ll close the deal with profit.

 

[Maxi89]

Right now, I can’t see the entrance for opening a deal on the asset, so I’ll wait until the price reaches one of the levels, and then I’ll make a decision.

 

[Maxi89]

There is a bullish trend developing on EUR/USD/CAD pair.

 

[Maxi89]

I think that the asset will go for breaking the bottom line after reflecting from the upper bound.

 

[lenon]

I think that USD/CAD asset will go down.

 

[Maxi89]

I expect the price to fall up to 1.2503 level approximately. Around this level, I will set the take profit order.

 

[Maxi89]

I can see two scenarios here – the basic (1) and alternative (2).

 

[Maxi89]

The asset is flat now. I’ll set pending orders nearby the upper bound and bottom line and will see which one is gonna work.

 

[lenon]

I think that the asset will go for breaking the bottom line after reflecting from the upper bound.

 

[Maxi89]

The price on USD/CAD moves to resistance level. When 1.33 mark will be passed, I’m gonna sell.

 

[Maxi89]

I can see an excellent entrance to the USD/СAD market after passing the 1.3100 level. The price will go down.

 

[Maxi89]

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.

 

[lenon]

I thought the price would be more dynamic, but now it moves very inertly. I expected more.

 

[lenon]

I think that the price will reach 1.3105 level. After that, the price will go to the level of 1.2790 or further.

 

[Maxi89]

I think that the USD/CAD asset would renew its minimum.