USD/CAD shows bearish trend with potential support at 1.2920

Ari Goldman 2018.07.20 13:36 #481

Looking to go long at 1.3160.

mtllc 2018.07.20 17:33 #482

The pair fell with almost 140 pips today from its daily high, surpassed the 1.3155 support area and is suggesting a slowdown of the bullish trend. Should the pair break the next support at 1.3110 then doors are opened for testing 1.3065.

Eur/usd Eurusd/gbpusd USDCAD Technical Analysis 2016,

mtllc 2018.07.23 22:27 #483

USD/CAD pushed above its daily range in the last houra and marked a fresh daily high at 1.3178 on the back of a broad-based USD strength. Bulls are eyeing 1.3200 where strong resistance is awaiting.

USD/JPY Analysis Eur/usd Press review

Ari Goldman 2018.07.27 12:11 #484

1.2920 would be a good point to buy.

Ari Goldman 2018.07.27 16:24 #485

I'm bearish on the pair until 1.2900.

mtllc 2018.08.01 18:38 #486

The pair is very hesitant but succeeds to stay above 1.3000 handle.

mtllc 2018.08.07 06:54 #487

Bears attacked the 1.1300 level and now are eyeing 1.1280.

Ari Goldman 2018.08.09 16:45 #488

Probably a good buy will be around 1.2970.

Ari Goldman 2018.08.14 11:32 #489

USD/CAD is in a strong uptrend that started in the beginning of February. Strong res 1.35.

Ari Goldman 2018.08.23 14:45 #490

USDCAD found solid support at 1.30, let's see if it can hold and create enough momentum to continue the upside trend on the short term.

USD/CAD Analysis - page 49