Usd/Cad

[Opplus]

Intraday bias in USD/CAD remains on the upside for the moment. The rebound from 0.9842 short term bottom is expected to continue higher to 1.0065 support turned resistance, which is close to 38.2% retracement of 1.0445 to 0.9842 at 1.0072. Break there should confirm completion of corrective fall from 1.0445 and target 1.0231 resistance and above. Below 0.9885 minor support will delay this bullish view and bring another decline. But again, we view fall from 1.0445 as a corrective move and expect strong support ahead of 0.9799 to contain downside.

[lamington]

USDCAD has been rejected by the support level at 0.9992
I think USDCAD may go up and try to reach the resistance level at 1.0069
But if USDCAD can break 0.9992 support and also the last Friday's low at 0.9979, the scenario will fail and USDCAD may fall to the lower support level at 0.9927

[chandmoon]

USDCAD is moving around the support level at 1.0149 now.
If USDCAD can break this support level, USDCAD may fall and try to reach the next support level at 1.0069
But if fail to break, USDCAD may rebound here and go up to the resistance level at 1.0222

[laptopw]

I think USDCAD still in bearish trend now and it will continue today.
I think USDCAD still has a potential to continue falling today and may reach the next support level at around 0.9862

[erespe]

USDCAD bounced up after rejected by MA100 yesterday, and I think it will continue to rise towards 0.9987 level. The downward movement can be happen if the pair fall below its daily pivot (0.9923), and it may go down to as low as 0.9898

[alley]

The USD/CAD pair had an interesting day of the originally gain in value, only to turn around once the Federal Reserve minutes were released. It appears that several of the members on the board of the Federal Reserve are more than willing to ease monetary policy in the United States economy doesn't pick up. While the parameters are still a bit on the big side, this had enough traders out there looking for QE3.

[Opplus]

Note that prior break of 0.9940 minor support indicates that a short term bottom is formed at 0.9842. Further rise is still in favor for 1.0065 support turned resistance, which is close to 38.2% retracement of 1.0445 to 0.9842 at 1.0072. Break there should confirm completion of such corrective fall from 1.0445 and target 1.0231 resistance and above. Below 0.9842 will delay this bullish view and bring another decline. But again, we view fall from 1.0445 as a corrective move and expect strong support ahead of 0.9799 to contain downside.

[zola18]

Rush husband of the U.S. dollar against the Canadian dollar bullish yesterday about 0.9940 to return to the low rolling now below 0.9850 stochastic downward trend on the time frame for four hours

[Emma]

///Well, the pair completed the remedial stage of the south,// and again looking at the north course yesterday managed to overcome the Ichimoku cloud base also comes another 2 buy signals from Ichimoku, my goal until about 9985, 1.0000.../

[Emma]

Well, the pair completed the remedial stage of the south, and again looking at the north course yesterday managed to overcome the Ichimoku cloud base also comes another 2 buy signals from Ichimoku, my goal until about 9985, 1.0000.