I'm seeing a USDCAD trend reversal on the 4H chart, or at least a serious weakening of the downtrend.
What's your analysis on this pair guys?
What's your analysis on this pair guys?
Attached Image
(False) Breakout & Trend Reversal Strategies?? 12 replies
Trend Reversal Confirmed? 0 replies
POLL- Trend Reversal or Retracement 0 replies
Are we close to TREND REVERSAL? 5 replies
DislikedI saw that one too, I'm just waiting for it to finish it's current dip before I buy.Ignored
DislikedIf you only consider the last weeks price action, it looks pretty bullish, looks more like its on sale to me !!
As long as we stay above 1.10, a break above 1.1170 is pretty bully from this pullback. Taking a small long here, and adding on a break higher.Ignored
DislikedIf you only consider the last weeks price action, it looks pretty bullish, looks more like its on sale to me !!
As long as we stay above 1.10, a break above 1.1170 is pretty bully from this pullback. Taking a small long here, and adding on a break higher.Ignored
QuoteDislikedCanada's Dollar Climbs to 11-Month High on Shipment Report...$/CAD trades below 1.10 and pops to 1.1015/20 but remains under pressure
USD/CAD avalanche may just be geting started
Oil Rises on Signs Demand Will Climb on Higher Fuel Production....Oil is currently +0.38 @ 62.84
We are hearing this move is all stop loss related. fundamentals are not making much sense today. The only currency that is making any sense is dollar cad, and it looks heavy still