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USD/CAD Analysis - page 35

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I was expecting that the 1.30 level would hold. More potential to the downside imo.

Ari Goldman:

I was expecting that the 1.30 level would hold. More potential to the downside imo.


The pair broke 1.29 level, I'm expecting some correction movement before further downside.

I think so too. It rebounded from 1.2860 and considering how oversold it is it could rally to 1.2980.

Expecting the move to the downside to end soon. The US dollar appears to be gaining momentum.

USD/CAD found support at 1.2800 after the major drop on Wednesday. I think there will be at least a temporary correction to the upside to 1.2800.
USD/CAD is at 1.2600 and considering how bearish it is I think it could drop to the last low at 1.2460.

The pair broke support and is now in bearish territory with renewed bearish momentum.

USD/CAD posted a fake breakout to the downside and is now back in the long term trading channel. Really tough week. 

I think it's time for the move up in the pair. Too long it's been going down. 

USD/CAD is very bullish these past few days as price advanced with more than 3 cents! 

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