SubscribeThe tendency to increase the dollar continues, and cad was no exception in this dynamics should follow the prevailing opinion, the main goal is still about 0300 until 0220 when the break will make a purchase.
Thread: Usd/Cad
The tendency to increase the dollar continues, and cad was no exception in this dynamics should follow the prevailing opinion, the main goal is still about 0300 until 0220 when the break will make a purchase.
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CAD continues to trade without any changes, frankly fed up with this flat, the course went into the Ichimoku cloud, and has not yet been fulfilled for the purchase of two signals (Ichimoku) will buy only at consolidating above 0220.
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usd / cad pair on the hourly chart has formed the figure of the "head and shoulders" a few hours ago broken neck line and the price was fixed below the confidence of the slope, the goals I have are in the south, around the level of 0120.
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USDCAD is testing the daily pivot (1.0198). If successful break it, then chances are this pair will go up to the 1.0214 level, with possible further to the 1.0236 level. But if it fails, this pair will likely fall to the 1.0176 level, the possibility of further declines may occur if LWMA100 able to be broken.
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Did any breakout trader see the false break iin usdcad today? It all looked good but later went false, pls always use stoploss
At the 4 hour chart visible channel, last week there was a rebound from the bottom of the channel, and today continues to shape the course of the northern tide, the goal for me is still near the top of the channel.
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couple continues to grow, the rate steadily managed to strengthen above the Ichimoku cloud, but also for further growth is necessary to overcome the resistance level of 0205, when the breakthrough which opens the way for 0250 and 0300.
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Very nice level of steam formed in the horizontal level of 1.0200 ... now we can see that the stochastic oscillator is turned in the opposite direction, down, and the histogram, though located in the positive zone but gradually declining, so I think a retreat and downward movement can occur ...
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