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Last day of the month and i have two more trades, and both are on short cad. I expect some weaknest of the cad in this day.
Last day of the month and i have two more trades, and both are on short cad. I expect some weaknest of the cad in this day.
Блог amerfx86
Day 31
Last day of the month and i have two more trades, and both are on short cad. I expect some weaknest of the cad in this day.
Day 27
Usdcad after fomc start to move more down and today we have correction on this pair. My position is still open and i expect that to end month we will see this pair much more up.
DAY 26
Today usdcad start to recover and i expect that downtrend will stop because pair has strong bearish outlook and we can expect some correction in ths pair. Happy trading to all.
USDcad beyond 100ma
After big drop in usdcad drive from nfp and strong oil , now we see some bounce and my trade is back to life. On chart we see that finally in friday price move beyond 100 moving average on one hour chart. It is weekend i look some more trades for next week.
USDcad trade in progres
After few days with technical errors today i start again with trading in trader contest. My first trade which is set is usdcad and on buy side because pair have very strong support on this range. Next trade is on usd like first but on usdchf which is same as first on very strong support. Happy trading for all.
USDcad again
One more i posting about usdcad, i think that this pair is finaly went from bearish zone i close to break up. We see hat pair formating HS and that can be good thing for being long. That is maybe late for me on contest but i can use this on real acc.
USDCAD another drop
After yesterday big drop today usdcad continueo to go down. With usdcad all currency was strong against dollar except yen. The key driver was oil which continue to rise despite no deal in doha about freeze on oil production. Tommorow i expect bounce on usdcad and drop on oil price. Very big misteke on trader contest but i will go on trades and continue to sell cad.
USDcad - Pressure after no deal
Today we seen that opec producers didnt find deal on freeze of oil productions. Pressure will be on cad and iwill put my trades on usdcad and audcad on bull side. One more currency has gains on that event and that is yen. We will see this week what will happened and where usdcad will go, my predictions is that will be near 1.3150.
USDcad didnt breakr
As i mentioned yesterday usdcad when usdcad was near big support on 1.2750 and trying to break on second time, that if will rejected price will go strong up, and that was happened. Support on 1.2750 still holding after today weaker cpi in us than expected and price find support on 1.2780. I am bullish on usdcad and on gpbcad. Happy trading for all!!!!
USDCAD- testing yesterday lows
Yesterday we saw that usdcad test 1.2750 and rejected, after that pair was go up to 1.2820 and today after lower than expectations of retail sales in us and after bank of canada report usdcad again go down and testin yesterday lows. This is very hard support for that pair and if today bounce off these levels we might see big uptrend. Happy trading for all!!!!