It's been consolidating above 1.3280 since it dropped due to the news about the rate hike yesterday. I opened a long position.

USD/CAD

There's little over an hour left to the news, soon we'll find out. I don't know about you, but I'll wait out the initial volatility.

USD/CAD

Do you think there will be such a large movement before the FOMC statement tomorrow? Or do you mean after that?

USD/CAD

I have a short position with target 1.3420. I recommend caution this week with all the news coming out, especially the Federal Funds Rate on the 15th.

USD/CAD

I opened a long position after the initial drop after the NFP data came out. My target was at 1.3460, I don't think I will open other positions before the market closes this week.

USD/CAD

Why do you think there will be a reversal? So far USD/CAD is still bullish. The last local high was at 1.3597, I think it will reach that level before there's a reversal.

USD/CAD

I don't think it's a good idea to sell now, the pair is very bullish and I think it will reach at least 1.3500.

USD/CAD

I concur, it's very range-bound for the moment. I've closed all my positions and I will wait until after the news to open new ones.

USD/CAD

USD/CAD still appears bullish but there is also a RSI divergence on the H1 time frame. However, it could continue moving to the upside for the moment and the divergence could deepen.

USD/CAD

USD/CAD broke above 1.3400 and I have little doubt that next week it will continue moving to the upside, apart from the occasional correction, so I decided not to close the long position for the weekend.

USD/CAD

I think it will reach 1.3600 eventually. I already have a long position, I have no intention of closing it now.

USD/CAD

Regarding why I thought USD/CAD would reach 1.3260 - I noticed that the middle line of the Bollinger Bands on the weekly time frame was at that level and that the pair had almost reached it. I thought it was logical that it would reach it. I just ...

USD/CAD

USD/CAD is back to testing 1.3200. I think that next target is at 1.3250 - 1.3260 if it breaks out above the resistance and in my opinion it will, considering the bullish bars on the weekly time frame.

USD/CAD

For the moment it's consolidating above 112.00. I think it will continue falling, but the news will be a catalyst for that.

USD/JPY Discussion

The pair is bearish and broke below 112.50. I think that next week we'll see it reach 111.60 again.

USD/JPY Discussion

I shorted at 1.3186 too, I agree with you about the target.

USD/CAD

USD/CAD reached and even broke above 1.3170, I decided to keep the long position open.

USD/CAD

I opened a long position earlier today, I think it will reach 1.3170.

USD/CAD

The pair is forming a flag after the last drop to 112.61. I have little doubt that once that ends there will be a new move to the downside, I am waiting for a breakout below the flag's support trend line to open a short position.

USD/JPY Discussion

Considering how bearish the pair is I have almost no doubts that it will reach 112.50.

USD/JPY Discussion