Thank you! There is nothing substantiating that this is the bottom that this pair will hit.. A multi week drop doesn't just end by seeing a few bull candles on a 15M chart I'm still bearish on the pair until we see a week of sideways movement at ...

USD/CAD

yeah i agree, i dont think we will be able to establish the bottom from anything other than a daily Chart

USD/CAD

what makes you think this will be the bottom? just the technicals?

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Im in the same boat as you.. Going to wait for it to reach top of channel.. Once it turns then I short, been averaging 75+pips doing it that way for the last few months

USD/CAD

do you think there is a large trend reversal coming? or just looking to grab a few pips on the next daily uptick? personally i wouldn't be opening up any longs until i see at least a week of higher highs, thats just me though

USD/CAD

Agreed, went short on the gap. Up about 130 pips too strong of a downtrend to reverse from a weekend gap imo

USD/CAD

Yeah that definitely has allot to do with it, closed out my trade @ 135pips . I see oil looks like it will close at its previous high of around 41.60 so i pulled out incase of a retracement down. Although, the pair will close below support of 1.2834 ...

USD/CAD

Glad i was right with the dovish fed prediction, keeping my short open since 1.328 may close half of position and let the other half do its thing until some evidence shows USD will gain some traction

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Opened up a short last week. Let it go through the weekend. Seems like we're putting some serious pressure on your support line here up about 325 pips

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yeah we might see some fluctuations.. got a bit excited laast week on a short, added to it and over leveraged myself a bit, not really confident on the pair moving up or down tbh. hmm..always learning in this game aha

USD/CAD

I also believe there is still a bit further down for this pair to go seeing how oil has rallied. I entered a bit later than i would've liked, (Its hard to have a handle on the markets and trades while being in construction!) Sold USD @ 1.4117 early ...

USD/CAD

My take is that they will cut rates, debating going long before the news and. Hoping to be on the right side of the gep

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This is my analysis strictly on the technicals.. It's not done going up.. Sorry man hope you don't lose your shirt in this but it doesn't seem this pair is done it's bull run

USD/CAD

Let's get some opinions on what will happen if Canada's overnight rate gets cut in half on Wednesday

USD/CAD

well thats sweet, gap up just moved me to +100 pips on this trade, now to plan my exit, Edit, Closed position @ 1.45912, i see lots going short on the pair, while i believe there are some pips to be made on closing the gap im going to wait until ...

USD/CAD

Yeah thats what i was thinking, he says its a good thing and then throws other sanctions on.. im eagerly anticipating how the markets will react to this, definitely bad news for CAD economy. That being said im long since friday and wouldn't mind ...

USD/CAD

interesting, it doesnt seem though that these new sanctions will inhibit the amount of oil that iran will be able to pump into the market though.

USD/CAD