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USDCAD 1st July 2017

Hi Traders,
Welcome to a new month and another quarter of trading.
Let's take a look at the USDCAD Daily chart attached in this post.
As you can see, on last Thursday and Friday, USDCAD has had a decline of 200pips.
I anticipate USDCAD will retrace a bit and then continue going down as CAD is currently strong.
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USDCAD after OPEC's decision

Hi traders,
The Organization of the Petroleum Exporting Countries agreed on Friday to rein in member production cuts, essentially lifting output to help make up for an expected shortfall in global supplies. The expected output increase, however, appears likely to be smaller than market participants had expected.
This news at first pushed USDCAD much higher to 1.3381 but then after hitting that level it has been a bearish ride since.
Late during US session, the price still goes down and it close …
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USDCAD 22th June 2018

Hi traders,
After USDCAD has been going up for a week and a half. It is time to head south.
Even though my current position is in the red of 70pips, but I am targeting the lows of the 1.3000 level with my TP set at 1.3040 for close to +160pips in profits.
If the TP is not hit today, I anticipate it will be reached early next week.
Below is the chart.
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see928 22 June

This position hit stop loss. Opened another Position SELL at 1.3358, SL 1.3440 , TP 1.3059

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USDCAD 14th June 2018

Hi traders,
USDCAD has hit the upper ceiling of the level 1.3100.
I forsee a move downwards from here.
I have already place a sell to take advantage of this beautiful double top on the daily chart.
My stop loss is at 1.3155 for a target profit of 1.3000 level.
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USDCAD 13 June 2018

Hi Traders,
Today I will give my trading view on USDCAD.
As we can observe the past 3 days, USDCAD has been heading upwards.
I have a trading SELL on 1.3038 with SL just at 1.3058 and TP at 1.3008
Let's see whether USDCAD will take a break and head down first.
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USDCAD analysis Friday, 10 November 2017

Hi traders,
Today I will share my analysis about USDCAD.
USDCAD has been going down the past week.
However the bottom is very near and it is due for a move back up.
Attached is the chart below.
I expect it will try to back up above 1.2800s level from here.
Stop loss will be 1.2620s level.
Let see how it turns out next week.
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New Month August and take a look at USDCAD

Hi Traders,
What a finale to last month's Trader Contest.
Well I did my best and according to the standing currently I'm number 1. Hope the official announcement from Dukascopy is soon.
Okay thank you for all supporters and readers here.
Let's get back to business. Take a look at USDCAD chart attached below,
USDCAD has been trying to up above 1.256 but however failed. I believe it is time for it to go back down and make a new low.
I believe it will down below 1.24 and range between 1.23 and 1.24…
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What will USDCAD do from here?

Hi Traders,
What will USDCAD do from here?
Yesterday's trading session for USDCAD has seen it move downwards and back upwards.
However I see this as trading in a range only while waiting to make a big move.
Looking for it to move down to 1.23 from 1.25 now.
Good luck traders.
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USDCAD BEAR BEAR BEAR

Hello Traders!
I'm back with an update of USDCAD today.
Looks like USDCAD has no strength at all to wake up. It tried waking up yesterday but was back down cause heavy volume of sellers.
Previously I was looking at 1.24 but now I think we might be able to hit mid 1.23
Not sure this week or next but definitely it will be low.
Good luck all as major news from USA tomorrow too.
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